Aspen Insurance Agency FAQs

What is an Independent Insurance Broker?

An independent insurance broker solicits, sells, or negotiates insurance contracts to individuals or businesses. Insurance brokers help individuals or businesses find and purchase various types of insurance policies.

Insurance brokers are regulated by the states in which they do business, and must obtain the licenses required by individual states. Insurance brokers represent buyers in insurance transactions. Their job is to survey the market, get quotes, and share options with their clients.

Why Should I Use an Insurance Broker?

With an independent insurance agency, you have choices. We don't work for any one insurance carrier, we work to give our clients the best policies, at the most competitive rates. 

Some reasons you might use a broker:

• We do the research for you, finding insurance companies and policies that fit your needs and budget.
• We work to satisfy your individual needs and can find an insurance policy specifically for you. 
• As an insurance broker, we can provide access to policies from numerous insurance companies, with different price points. By comparing multiple quotes this way, we are able to find the best coverage at the most competitive pricing.
• We can provide for all of your insurance needs — for a full list of insurance policies we can provide you with visit our insurance services page.
• All of our agents are licensed and educated professionals, you can expect to work with someone who will put your needs first and be able to help you through the entire insurance process. 
• We shop your insurance rates every year across our broad network of 30+ insurance carriers that we partner with, to help you choose the best carrier for your needs.

Why Should I Choose Aspen Over an Another Insurance Company? 

Aspen Insurance Agency is an independent insurance brokerage firm that has access to premier carriers across the U.S., technology to make our clients insurance experience as easy as possible, and educated, passionate insurance agents. 

The difference between an insurance agent and an insurance broker is that the insurance agent represents an insurance company. An agent acts as sales representative for their company and is typically paid commissions for sales. As an insurance broker, we represent you. We carefully study the market, get quotes, and share options with you. 

Additionally, insurance agents work with the insurance companies they represent. This means that agents can initiate insurance contracts, or secure coverage, on behalf of insurance companies, and the companies must honor those contracts. Insurance brokers submit applications to insurance companies on behalf of their clients, but do not have the authority to enforce or write coverage.