“[A]n agent is defined as one who is 'authorized, by and on behalf of an insurer, to transact all classes of insurance' except for life insurance [citation] while a broker is 'a person who, for compensation and on behalf of another person, transacts insurance other than life with, but not on behalf of, an insurer.

What role or function does an insurance agent play in helping you with your finances? Insurance agents help answer questions about different insurance options, help you select the right insurance for your needs, and offer strategies to manage potential risks.