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Brokers may be retail or wholesale. a retail broker interacts directly with insurance buyers. if a Online Insurance Broker retail broker (or agent) is unable to obtain insurance coverage the customer needs from a standard insurer, he or she may contact a wholesale broker. wholesale brokers are intermediaries between retail brokers and insurers. The 6 best digital insurance companies of 2020 customers can buy insurance directly online without the use of an agent. lemonade is not your typical insurance company. the company keeps 20 percent of your paid premium to pay and claims and pay for other operating expenses. any unclaimed premium can go to a nonprofit of your choice.

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The 6 Best Digital Insurance Companies Of 2020

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