answersLogoWhite

0

What is a brokerage policy?

Updated: 9/11/2023
User Avatar

Wiki User

17y ago

Best Answer

Perhaps you mean a "brokered" policy? This means that your agent has quoted your policy through a middle-man or "broker" that goes directly to the company. There are usually additional charges or fees involved with brokered policies. Finding an agent that can secure a quote directly from a standard company is one way to avoid this charge. Depending on the type of business, a brokered policy may be your only option.

User Avatar

Wiki User

17y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a brokerage policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which insurance policy covers various claims for mistakes neglect or carelessness in the normal business activities of a real estate brokerage?

liability


What is a service brokerage company?

Brokerage company is called Broker. The brokerage allow trade for traders.


What has the author Mervyn J King written?

Mervyn J. King has written: 'Bank and Brokerage Back Office Procedures and Settlement' 'The institutions of monetary policy' -- subject(s): Foreign exchange rates, Monetary policy


How do you find insurance policy?

Depending on which type of insurance you are looking for, I would just do an online search for the type of insurance you need (car insurance, life insurance...) and check that the insurance company or brokerage agency has a good rating. Two ratings we use are BBB and AM Best for insurance companies and BBB for brokerage agencies. Brokerage companies usually offer several insurance companies. mcdlife.com


What is a group of Stocks called?

A Stock Brokerage or Stock Brokerage Firm.


What is brokerage journal entry?

Debit brokerage paidCredit cash / bank


Where do I get Trucking Brokerage software for cheap?

you can get Trucking brokerage software for cheap @ www.srimansoft.com


What is a group of stock brokers called?

A Stock Brokerage or Stock Brokerage Firm.


Where can one download brokerage software?

Brokerage software can be purchased through several online companies, including Advent Geneva and McLeod Software. Turnkey Brokerage Solutions and E-Infinity Software also provide brokerage software.


What is a brokerage party?

A Brokerage party is a party which acts as an agent of integration for the country in which it is established.


Who to open a stock brokerage firm in the US?

requirements to open stock brokerage firm


Can you open a brokerage account with cash?

no you cannot pay in cash to open an brokerage account.