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What is a brokerage policy?

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2006-09-07 15:05:58
2006-09-07 15:05:58

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.

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