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Five Reasons to Work With an Insurance Broker

By February 18, 2020 No Comments
photo of three men, the partners of InRoads Insurance, Insurance Brokers located in Milton, Ontario

The Broker Advantage

Why work with an insurance broker? We all need insurance to protect our family and possessions. It’s something we have to have, and hope never to use. But purchasing insurance can be an overwhelming experience – from figuring out how much coverage you need, to determining what should be covered, selecting the right deductible value, understanding the terms and conditions, and how all those decisions affect the price you pay. 

You don’t have to make all these decisions alone. Insurance brokers help take the mystery out of purchasing insurance. But beyond that, brokers are here to help guide you along the way so you get the best value for your needs. 

What does a broker do?

The role of an insurance broker is to help people purchase the right insurance coverage for their needs. At InRoads, our insurance brokers are licensed professionals. We use our knowledge and experience to provide you with independent advice, assess your insurance needs, and help you in the event of a claim.

Here are the top five advantages of working with an insurance broker:

1. Personal Approach

Think of your insurance broker as your personal advisor. You can expect personalized customer service from a real broker, not an automated bot. Brokers make sure that when your needs change, your insurance can change with it. At InRoads we take the time to ask the right questions to ensure you are protected from the unexpected. Our independent advice puts you first.

2. Choice & Flexibility

Insurance brokers help people with insurance, They don’t sell insurance. InRoads has access to a wide range of insurers, which allows us to offer our customers more options. All you have to do is make one call to a broker to provide them with your wish list, and then they can recommend the best insurer for your needs and budget. Brokers do the shopping to find you the right coverage at a competitive price. Instead of going with a standard policy that is offered directly from insurers, at InRoads we can create a policy that is tailor-made for you, saving you time and money.

3. No Fees

There are no costs or hidden fees to work with an insurance broker. Brokers receive a commission through the insurance company that you place your business with.

4. Claims Counselling

A broker can provide claims counselling when you are uncertain if you should put in an insurance claim. There may be times when it doesn’t make sense to put in a claim, especially if there has been little damage and you have a larger deductible. Keep in mind that if you call the insurance company and tell them about an incident, you will have to put in a claim because the accident has been disclosed to them. A broker can help walk you through the claims process to help you decide what is in your best interest.

5. Advocacy

As an insurance broker we act as your advocate with the insurance company. In the event you need to make a claim, we guide you through the process to help ensure a fair and speedy settlement.

For any of your insurance needs or questions, connect with InRoads Insurance Brokers to help you get the best value and coverage for your individual needs. Insurance brokers understand that protecting your family and loved ones is important to you. It’s important to us too.