• Skip to primary navigation
  • Skip to main content
Prokop Insurance Services

Prokop Insurance Agency

Plymouth, Minneapolis, St. Paul and Minnesota Insurance Pros

  • About Us
    • Prokop Insurance Agency FAQs
    • Team
      • Robert Prokop
    • Testimonials
  • Auto
  • Home
  • Insurance Products
    • Auto Insurance
    • Boating Insurance
    • Classic Car Insurance
    • E-bike Insurance
    • Home Insurance
    • Life Insurance
    • Motorcycle Insurance
    • Pet Insurance
    • Renters Insurance
    • RV Insurance
    • Slingshot Three-Wheeler Insurance
    • Umbrella Insurance
  • Commercial Insurance
    • Auto Dealership
    • Business Liability
    • Commercial Auto Insurance
    • Box Truck Insurance
    • Commercial Property Insurance
    • Contractor Insurance
    • Cyber Liability Insurance
    • Errors & Omission Insurance
    • Farm & Ranch Insurance
    • Group Health Insurance
    • Landlord Insurance
    • Liquor Liability Insurance
    • Restaurant Insurance
    • Ridesharing and Car-Sharing Insurance
    • Workers Compensation Insurance
  • Resources
  • Partners
  • Contact Us
    • Schedule Appointment
  • Show Search
Hide Search

Who Are Insurance Brokers?

Prokop Team · March 16, 2023 ·

Who are Insurance Brokers?

As you step into the world of insurance, you might encounter two key professionals: insurance brokers and insurance agents. While they both play vital roles in helping you secure coverage, they differ in fundamental ways.

The Role of Insurance Agents

Insurance agents act as representatives of one or more insurance companies. They have contractual agreements with these insurers to sell their products. There are two types of agents: captive agents, who represent a single insurer, and independent agents, who sell policies from several companies. The primary loyalty of an insurance agent lies with the insurance company they work for. Captive agents can offer in-depth knowledge of their specific company’s products, while independent agents provide a broader view with options from multiple insurers.

Agents earn a commission based on the policies they sell, and they handle the administrative work of maintaining your policy. They can be your point of contact for making changes to your policy or filing a claim.

The Expertise of Insurance Brokers

Insurance brokers, on the other hand, represent you, the insurance buyer. They do not have an allegiance to a specific insurance company. Instead, they use their professional knowledge to survey the insurance market to find the most suitable policy for your needs, taking into account coverage options and price.

Brokers are particularly valuable for individuals and businesses with more complex insurance needs, such as requiring bespoke or high-level coverage that isn’t readily available off-the-shelf. A broker’s duty is to their clients, offering tailored advice, advocating on their behalf, and ensuring their interests are protected.

Key Takeaways

The crucial difference lies in representation: agents represent insurers, and brokers represent clients. This distinction matters when you’re seeking personalized advice and solutions for your insurance needs. Whether you choose an agent or a broker, ensure they are licensed, reputable, and understand your requirements.

As your insurance professional, I am committed to guiding you through these choices, ensuring you have all the information to make the best decision for your coverage needs. Need help deciphering which path to take? Let’s talk and find the right protection for you.

Get in touch today, and let’s ensure your future is well-protected.

Contact us

General Insurance

Prokop Insurance Services
Email: service@prokopinsurance.com
Phone: 612-333-7767
9900 13th Ave N STE 200
Plymouth, MN 55441

Copyright © 2025 · Prokop Insurance Agency