Best Maine Insurance Agents & Brokers (2024)

An insurance agent is an individual who represents an insurance company and sells policies to clients on behalf of that company. An insurance broker, on the other hand, is an individual or firm that acts as an intermediary between clients and insurance companies, helping clients find the right insurance policies and negotiating on their behalf.

Yes, both insurance agents and brokers in Maine need to be licensed by the state. They must pass an exam and meet certain education and experience requirements before they can receive a license.

You can check the license status of an insurance agent or broker in Maine on the Maine Bureau of Insurance website. They have a searchable database that allows you to look up an individual or company and see if they are licensed to sell insurance in the state.

No, insurance agents in Maine typically work for one specific insurance company and can only sell policies from that company. Brokers, on the other hand, can work with multiple insurance companies and offer policies from a variety of providers.

Insurance agents in Maine typically earn a commission on the policies they sell. The commission is a percentage of the premium paid by the client. Brokers may also earn a commission from the insurance companies they work with, but they may also charge clients a fee for their services.

When choosing an insurance agent or broker in Maine, it’s important to look for someone who is licensed and has experience working with clients in your specific situation. You should also look for someone who is responsive and easy to communicate with, and who is willing to answer your questions and explain your options in a clear and understandable way.