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Discover how insurance brokers earn through commissions and fees, and their role in helping clients select the best insurance policies.

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Brokers help find and recommend insurance policies by assessing client needs and researching options. Brokers are distinct from agents as they can't bind coverage; they facilitate policy application.

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...