Commercial insurance brokers and insurance agents have some things in common, but the level of service they provide their clients with can be very different. An agent represents one or multiple specific insurance carriers and is limited to offering you coverage options from those particular carriers. Brokers, like our team at Conover, represent the insured and a wider range of carriers. Brokers act as intermediaries between the insured (an individual or business) and an insurance provider. In this blog, we’ll unpack what this means and clear up any confusion about what an insurance broker is and how they help individuals like you feel more confident in the coverages you have for your business.

As a business owner, especially with the losses that COVID-19 has caused, it is likely that you have heard of business interruption insurance. This is a type of insurance that can cover business income loss suffered if your business is forced to shut down for a period of time. It may cover operating expenses such as revenue lost, rent, lease, or mortgage payments,; loan payments, employee payroll, taxes, and more.