Question: What is the difference between an exclusive agent and an independent agent?ResponsesaAverage operating expenses and premiums for personal lines of insurance tend to be higher

What is the difference between an exclusive agent and an independent agent?ResponsesaAverage operating expenses and premiums for personal lines of insurance tend to be higher for exclusive agents than for those in the independent agency system.Average operating expenses and premiums for personal lines of insurance tend to be higher for exclusive agents than for those in the independent agency system.bindependent agents receive lower compensation than exclusive agents.independent agents receive lower compensation than exclusive agents.cOnly an exclusive agent can act as a broker as well as an agent. An independent agent cannot also be a broker.Only an exclusive agent can act as a broker as well as an agent. An independent agent cannot also be a broker.dUnlike exclusive agents, independent agents, do not own the x

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