insurance agencies

Policy sales offices

Insurance agencies are businesses that sell insurance policies on behalf of insurance companies.

Unlike insurers themselves, agencies act as intermediaries—matching customers with coverage for auto, home, life, health, or business risks.

An independent agency represents multiple insurers; a captive agency sells only one company's products.

She stopped by the insurance agency to update her homeowner's policy.

Related

licensing requirements · claims processing · risk analysis · ethical guidelines · franchise · fine print · peace of mind · partnership · sole proprietorship · consumer protection laws · commission structure · dispute resolution · subsidiary · corporation · digital signatures · conglomerate · underwriting · Allstate

Opposites
risk management approach

insurance agenciesself-insurance

Assuming risk personally

risk-taking · casinos · hedge funds

financial service function

insurance agenciesinvestment banks

Securities underwriting institutions

hedge funds · betting shops · pawn shops

distribution chain position

insurance agenciesinsurance underwriters

Those who assess policy risks

insurance carriers · insurance companies · self-insurance · reinsurers

Family

insurance, agencies, agency, insure, insured, insurer, insurers, insuring, uninsured

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G