Storm Silva
New Member
- 7
Hello, I just recently got my Property and Casualty License and have put up by my brokers bond with the state. I've been going through and getting broker agreements with insurers and ran into a few insurers who don't work with brokers. So I have two questions, what insurers should I not waste my time contacting/ don't work with brokers? I am not interested in getting appointed as a captive or independent agent for the insurer. My next question is if I am supposed to get the best deal for my client what do I do when the best policy is with a direct writer. Do I charge a brokers fee and then just tell the client to go sign up with them? Do I get a special power of attorney and sign them up for them? What is the industry standard?