Broker

What Is an Insurance Broker?

An insurance broker is someone who helps you (the insured) shop for coverage. They specialize in comparing multiple insurance companies to find the best policy fit for your needs.

For example, a fitness professional opening a personal training business might work with a broker to find a policy that includes general and professional liability coverage, plus workers’ compensation insurance to cover employees.

What Does an Insurance Broker Do?

Most people who shop for business insurance don’t know where to start. An insurance broker is your go-between, helping connect you to the right coverage from your ideal insurance company — like a matchmaker, who works for you. You tell them your business needs, and they find a policy that checks all those boxes.

An insurance broker represents you, while an insurance agent represents the insurance company. Brokers have connections with many insurance companies and have a duty to act in your best interest.

Yep, you can buy insurance without a broker. Insurance Canopy offers ready-to-buy business insurance for many common industries without the need for a broker (we did all that work beforehand to save you time and money)!

But, if you have a unique business that needs extra insurance attention, our licensed, non-commissioned agents are on standby to help. Contact us!

Get tailored coverage by selecting your industry below.

What kind of work do you do?

Search and select the closest match

    Exclusions

    This policy is not designed to cover:

    • Industrial control engineers
    • Defense contractors
    • Medical software companies
    • Crypto exchanges
    • Gambling platforms
    • Physical security system installers
    •  Heavy equipment integrators

     

    Not available if you manage or control systems involving:

    • Pressure or ventilation systems
    • Fire suppression or explosives
    • Hazardous materials
    • Radiation or pharmaceuticals
    • Water supply or waste management
    • Energy, fuel, mining, construction
    • Environmental systems
    • Aircraft, drones, spacecraft
    • Watercraft, trains, automobiles, motorcycles
    • If you build firmware or embedded software controlling industrial physical equipment.
    • If you support:
    • Military operations
    • National defense
    • Homeland security
    • Law enforcement
    • Weapons
    • Anti-terrorism
    • Public safety
    • Surveillance
    • Crime detection
    • Emergency response
    • Physical security systems
    • If more than 25% of your revenue comes from:
      • Federal government work
      • Military or defense operations
    • If more than 50% of your revenue comes from:
    • Equipment installation
    • Maintenance
    • Physical service work



    Restricted if you work in:

    • Ride-sharing platforms
    • Equipment sharing platforms
    • For-rent-by-owner platforms
    • Help-for-hire platforms
    • Delivery services
    • Banking or financial services
    • Cryptocurrency / blockchain / NFTs
    • Geospatial mapping / aerial photography
    • GPS systems
    • Gambling or gaming
    • Dating or sexually suggestive content
    • Violence-related content
    • Alcohol, marijuana, CBD
    • Tobacco / nicotine / e-cigarettes
    • Flammable or electrical products
    • Food-related services

    Our licensed, U.S.-based agents are here for you from 8 a.m. to 8 p.m. Eastern, Monday through Friday, so they can enjoy evenings and weekends with the people who matter most.