“Local agents have insider knowledge of your home's location and community, giving them an edge over big-name companies that may be located states away,” Greene says. “Local agents that work and live in the same area you do provide distinctly personalized service to homeowners shopping for insurance.”

The primary way an insurance broker makes money is from commissions and fees earned on sold policies. These commissions are typically a percentage of the policy's total annual premium. An insurance premium is the amount of money an individual or business pays for an insurance policy.

New York City, New YorkTravelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut....The Travelers Companies.

Travelers Life and Annuity Company was acquired in 2005 by MetLife, the third-largest life insurance company in the United States.