What is the advantage of using an insurance broker?
Like comparison sites, they get paid commission by the insurance provider for selling their products. This means you don't pay them a fee for shopping around to get you a good deal. Unlike comparison sites they have specialist expertise and can give you guidance on the products that best suit your needs.
What Cannot be done by an insurance broker?
Brokers cannot complete a sale of insurance, unlike agents.
What are the benefits of an insurance broker?
- Getting expert guidance doesn't cost you more.
- Know your options.
- Find the right product for you.
- Find a specialist provider.
- Your claims are taken care of.
What is the importance of having a broker?
By having a broker who forges and maintains market relationships, you will gain the best available terms and conditions while being navigated through a hard market.