Why choose an insurance broker?
When hearing the word "broker", associations often arise with unnecessary middlemen, expensive services, and senseless overpayment for things that any average person could do themselves. But that is not the case in the insurance industry! Here, we'll answer the question: "Why choose an insurance broker?"
Why work with an
insurance broker?
An insurance broker freely navigates the offers of insurance companies, follows industry news, and is able to find solutions to unusual situations. One of the biggest advantages of working with a broker is that the broker, knowing the client's wishes, is able to offer all the solutions available on the market. With all these options to choose from, a broker helps to find the most suitable one and explains the essential nuances hidden between the lines. A broker is the only one in the insurance industry who is allowed to compare the offers of different insurers and provide recommendations.
It is difficult to find a profession similar to an insurance broker. If we had to, we would say that an insurance broker is a translator who transforms complicated text into simple language. A teacher who explains how the policy works and helps you understand the rules. A broker is a tailor who finds the right clothes and fits them exactly to your body. A broker is a 24/7 switchboard that will do everything in their power to support the customer in an emergency. A broker is like a personal assistant who keeps track of policy deadlines and reminds you when the policy has to be renewed.
How much will it cost?
The broker service does not cost anything additional. The price of the policy is determined by the insurer. This premium includes compensation for the distribution of the policy, which is received by whoever issued the policy (either an insurance broker or a salesperson of the insurance company).
Then why doesn't everyone use a broker?
It is the force of habit and unfamiliarity that deters people from using the services of an insurance broker.
What's so difficult about choosing the most appropriate insurance policy yourself?
Really, it takes no more than 30 minutes to familiarize yourself with the terms of the policy and find the lowest insurance premium. However, without legal education or extensive experience in the insurance environment, you cannot thoroughly delve into the offer or understand the information hidden between the lines.
After almost 2 decades of work in the insurance industry, we can honestly say that those who do not choose the services of an insurance broker are often, without realizing it, burdened with unnecessary additional coverage. Then, they do not receive human support in the event of an accident and they end up overpaying once again.
Trust Perks. We'll make the complicated simple and find a solution that fits like a glove. We'll be your guide through insurance mazes.