The Advantages of Using an Insurance Broker
November 11, 2015

The Advantages of Using an Insurance Broker

It doesn’t matter if you are purchasing a new vehicle or moving into a new home (with all the gadgets), nothing changes the fact that a comprehensive insurance policy is a must.

Generally speaking, you have two options for purchasing a policy:

  • Rely on the services of a broker.
  • Purchase directly from an insurance company.

While purchasing direct is always a possibility, it may not be the best way to find the right policy. Would you be better off consulting with a broker? Before you answer this question, check out the top five advantages of using a broker vs. buying direct:

1. Always On Your Side

We work for you (and not for the insurance companies). When you make a claim, we have your best interests in mind, and we’ll do everything we can to make it easier. Your dedicated representative will help you understand the claims process, speak to insurance companies on your behalf, and help you understand your rights and responsibilities in every situation.

2. More Selection

When you go directly to an insurance company, you’re limited to the products (and the rates) they offer. But when you choose a brokerage like Insurance Jack, you have access to the offerings of all the companies we work with, including certain products that are only offered through brokers. We’re kind of like mortgage brokers; they have relationships with banks, we have strong ties with insurers. So when you work with us, you get greater choice, better value – and insurance solutions that fit your individual needs.

3. Expert Advice 

Our brokers are ethical, experienced, and highly knowledgeable about all the insurance products available to you. If your needs change (for example, if you move, start your own business or buy a new car), we’ll ensure you’re properly covered with the products that make the most sense for you.

4. Ease of Use

Imagine this scenario: you want to contact five individual insurance companies for a car insurance quote. Sounds easy enough, right? Well, once you get started you will find that nothing could be further from the truth. It can take many hours (or sometimes days) to receive a quote from an insurance company. Sometimes, if an agent is busy, you may never hear back. You hopefully end up with your five quotes, but now you have to ensure you’re comparing apples to apples with each policy. 

When working with a broker, you provide your information one time. You only have to speak with one person. From there, you can expect quotes and policy information from multiple companies. It’s not uncommon to be in a rush to find the right insurance policy. After all, you don’t want to go a single day without the coverage you need. Speed and efficiency is of utmost importance. A broker can collect your information, review the details, and help you purchase a policy without any delay. 

5. Striving To Be Better

Insurance brokers have the unique opportunity to learn something special from every customer they work with. Every phone call, every email, and every transaction is based on finding the right policy for the consumer. Along the way, there is a lot to learn. These experiences can then be used to provide a better experience in the future.

Give it a Try

Are you excited about the advantages of using an insurance broker? If so, give it a try in the near future. You may be surprised with the experience.

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