Why use a broker

Why you should use a Professional Insurance Intermediary

A professional insurance intermediary can save you time, money and worry. Just like an accountant or lawyer who provides you with impartial professional advice which is based on years of training and experience, a qualified, professional and independent insurance intermediary can do the same with your insurance.

When arranging their insurance many people take shortcuts without seeking proper independent advice. Often they do not fully understand insurance and how insurance company policies differ they tend to only focus on how much they have to pay.

Unfortunately insurance companies and their products, like many things in life differ and to make sure you have the right one for you, you need to know how they differ and how those differences can and do impact on you.

Often consumers are disappointed when their insurance doesn’t come to the rescue at the time when insurance is most important to consumers, when they have a claim.

Whether it’s home, car or business insurance, a professional and independent insurance intermediary provides advice and assistance to make sure the consumer is properly protected.

A professional and independent insurance intermediary has access to many insurers and underwriting agents who offer lots of different policies. This is simply because they deal with a range of insurance companies, not just one or two insurers.

Using an independent insurance advisor doesn’t necessarily cost more. Often it costs less because they have knowledge of the insurance market and the ability to negotiate competitive premiums on your behalf.  An independent insurance intermediary will also explain your policy and any special situations you need to watch out for in language that you will understand.

To make sure you get the right insurance you need someone who :

• Is on your side and who understands the “fine print” in an insurance policy wording.
• Will listen to you and understands what you expect your insurance to do for you
• Is Professional, Independent and most importantly of all, is on your side when you have a claim
• Who can advise you on whether you are getting value for money. Which often does not necessarily mean the cheapest premium.

A good intermediary will be aware of the benefits, exclusions, excesses, sub-limits and premiums costs of competing policies on the market. They will help arrange the cover and can assist you in having your claim settled.

Long term it really does pay to use a professional insurance intermediary.