Business Insurance

The Benefits of Using an Insurance Broker

By March 20, 2017 No Comments

Insurance Broker

Insurance Broker vs. Carrier

There are many different types of insurance policies. These include auto, home and business insurance. As you look to buy one of these policies, you have two main options:

  1. Go directly to the carrier
  2. Shop several carriers via an insurance broker

Before you buy insurance, it is important to understand the difference between these two options. By going straight to the carrier, you are limited to the products and services offered. While it may seem cheaper, no single carrier offers a one-size-fits-all insurance plan.

An insurance broker, such as the associates at Brashears Insurance, do not work for any one insurance company, but instead, offer plans from a variety of insurance companies. Learning the benefits of working with an insurance broker will help you decide if this is the type of professional you should work with when selecting and buying an insurance policy. Here are a few of those benefits:

An Insurance Broker Works for You

One of the biggest benefits to working with an insurance broker is that the broker works for you. An insurance agent at a specific carrier works for that insurance company only. As such, an agent there may be more loyal to their employer and looking out for your best interests.

Insurance brokers have the ability to shop policies through many carriers for the best rate and customize a policy to fit your needs. The bottom line is most brokers look out for you, while most insurance carriers look out for themselves.

Insurance Brokers Compare Plans with Different Carriers

Another benefit to working with an insurance broker is that they compare plans and prices with different companies. If you are looking for a new insurance policy, it is always important that you price out plans with various companies to get the best plan and rate. However, this can be time consuming. Most people do not have the time to sit on the phone or online filling out the same information to get a quote. A broker does it for you, freeing up more of your time.

Insurance Brokers Help You Find the Plan That Best Meets Your Needs

As insurance brokers, the agents at Brashears Insurance can find a plan or policy that best meets your needs. When you work with a specific carrier, they can only show you plans offered by their insurance company. This may not be the best plan for you or your family. A broker can find the best policies, regardless of what insurance company through which the plan is provided.

If you are looking to buy new insurance and want to work with an insurance broker, contact Brashears Insurance today. Our friendly and helpful agents can help you determine what your insurance needs are, what policy limits and deductibles you need and then find the insurance companies that offer the plans that best meet your needs. Contact us today to get started.