Millions of people insure their cars directly with an insurance company, yet millions more use the services of auto insurance brokers. What are the benefits of using a broker over going direct?
The answer can be summed up in two words: time and money. Auto insurance policies vary enormously and can contain things that you do not want or need and may not contain things that you do want.
Certainly you can go online and deal directly with an insurance company and they will be happy for you to do so. The problem is that they will only offer you a choice of the policies they themselves provide. Not only is your choice restricted, but you nay well finish up paying twice as much for a policy that you could have got elsewhere.
Even if you do finish up with a great policy at a great price it can have taken up a lot of your time.
Auto insurance brokers, on the other hand, work directly for you, the client, and are responsible for finding you the best deal.
Sharp Insurance, for instance, can often find you the right deal at the right price in a matter of minutes, since they have access to the whole market place; with their years of experience behind them they will often know instinctively which insurer best fits your needs.
However, it is not just in the sourcing of the right policy that auto insurance brokers can help.
If you have an accident and need to make a claim you only need to contact the broker and give them the details. They will handle all of the paperwork and phone calls involved in processing your claim while you sit back and just let them get on with it. Their responsibility is to you, their client, and they want to keep your business. If there is any problem processing your claim they will contact the insurers and sort it out.
An additional benefit is that auto insurance brokers will often be able to get a better deal from the insurance company than if you went direct. Both the broker and the insurer rely on writing new business, so it is in the interests of both of them to work together to get the best possible deal for you, the end consumer.…