• Test: Choosing a good insurance brokerage

Things to look for when choosing a good insurance brokerage

When considering taking out insurance you may still be tempted to browse price comparison websites to find a cheap and agreeable deal.  However, if it is a fairly unique or otherwise specific area of insurance you are looking for, it is highly likely that you will benefit from looking into using an insurance brokerage instead – as there are a number of reasons as to why this will make practical and economic sense.

Price comparison websites may be considered the best way to find affordable deals, but that isn’t necessarily always the case – firstly, it’s likely that the majority of policies offered via such a platform will offer a broad range of coverage – meaning that your aim for specific insurance may well be lost in a mire of a catch-all policy that may require you to pay out for more than you need to.  Therefore, an independent insurance brokerage may be more likely to offer you dedicated cover with more value for your money.

Analysis done by a reliable insurance broker

But what necessarily makes for a good insurance brokerage?  While there may be thousands of insurance brokers nationwide, working on an independent basis, only the best will be able to offer you as specific coverage as possible.  A reliable insurance broker should be able to analyse your needs and tailor a package that will ensure that you only pay for what you need – and their terms and inclusions will be transparent for all to see.  A good broker should be able to sort through the tangled webs of insurance to help you whittle down a package to the best possible fit for you and your needs.

A good insurance brokerage is also measured by how much interest they take in your circumstances in order find you the best possible cover.  Not only will they be able to analyse and compare prices and policy features with you, but they will also take into account any pre-existing policies you may already have arranged.  Finding an insurance broker that works well for you will largely depend on your needs – a good broker will be able to analyse, research and build an affordable and bespoke package for you that you will benefit far more from than with a catch-all solution.

Specialised brokerage

A good insurance brokerage is not only marked by the work they do for you on your behalf, but also by the scope that they can cover – the best brokers can work hard to tailor an insurance package that meets your needs, making it well worth your while to consider looking for an independent source before taking the plunge with a seemingly affordable option via a larger carrier.

For insurance policies and analysis to help you find cover for any asset in your life or work, Baslow Insurance Services will be pleased to offer assistance.  For more information on the insurance packages we offer, or for a friendly discussion to help you find the cover you need, call us today on 01629 813897 – and our insurance brokerage team will be more than happy to discuss any concerns you may have at your convenience.