Sarah owns a property and liability insurance agency.She is authorized to represent several insurance companies and she is compensated by commissions.Sarah's agency owns the expiration rights to the business she sells.Sarah is a(n)
A)independent agent.
B)exclusive agent.
C)direct writer.
D)insurance broker.

Question

Quizplus · Accepted Answer

Independent agents represent multiple insurance companies and own the expiration rights to the business they sell, distinguishing them from exclusive agents, direct writers, and brokers.

Sarah Owns a Property and Liability Insurance Agency