Choosing the Right
Insurance Broker for You
Selecting the right insurance broker should be as important
as the type of coverage you select for your car, truck, or motorcycle. Life is full of surprises but you shouldn’t
wait until something happens to evaluate your situation. If you feel like it’s
time for a change, it doesn’t hurt to reconsider your options.
Picking the right insurance company for you and your family
should go beyond getting the right quote from a website, or understanding the
type coverage or policy you are buying. You should take the time to find a good
insurance broker who will keep your best interests at heart, and who can always
answer your questions and give you the protection you need.
Remember, you are entering into a relationship with the
insurance company you select. If you should face a disaster or accident, they
are the ones you will depend on to protect your belongings. Having the right
insurance broker will dictate your experience with that company. Just how you
would not date someone without first making sure that they meet certain
requirements, it’s a good idea to consider the following things when looking
for an insurance broker.
The personality of the insurance broker is one of the
requirements that should be on the top of your list. This is the person who
will help answer any questions and give you advice as to what policy would best
suit you and your family. Ask yourself questions like: How comfortable do you
feel with the prospective broker? Does he understand your situation? Do you
like the way he explain things to you? How does he react when you ask
questions? This is your chance to figure out if they are the right
representative for you. Don’t waste it.
What type of
insurance agents do you need?
There are three types of insurance agents available: An Independent Agent, a Captive Agent and an
Insurance Broker. When looking for an agent, you should know the differences
between the three because this will insure you have the right man for the job.
One way to figure out the credentials of the broker is to
look at the letters behind their names on their business cards. These letters
often mean a designation or credentials they have earned from various
associations. Don’t be afraid to ask.
Just how you would not buy a used car before getting it checked
by a mechanic to verify that there is nothing wrong with the motor, you may
also want to check that the agent or insurance company does not have any
complaints filed against them. You can easily do this by searching yelp or even
paying a quick visit to their website.
Finding a new insurance broker can be tough and tedious, but
once you form the right relationship with the right agent, you’ll know it’s
worth it. Take the time to research and ask around before committing to a new