Independent agents typically have contracts with how many insurers?

Independent agents typically have contracts with more than one insurer to provide their clients with a variety of options regarding insurance products. This contractual arrangement allows independent agents the flexibility to offer a range of policies that cater to different needs and preferences of their clients. By representing multiple insurance companies, these agents can compare policies, pricing, and coverage features, ensuring that they find the best fit for their clients' specific situations. This diversified approach enhances their ability to meet the diverse requirements of the market and enables them to serve a broader clientele effectively.

In contrast, agents who are affiliated with only one insurer are categorized as captive agents, limiting the choices they can present to their clients.