There are so many insurance products on the market that it can be difficult to choose the perfect one for your unique circumstances. One of the benefits of using an insurance broker is the experience and insight they can offer to ensure you get the right level of protection, at the best possible price.
Getting your insurance through an insurance broker also offers you the following benefits:
Specialist advice
Insurance brokers know everything there is to know about the industry. This puts them in a unique position to help you manage your personal risk and identify which different policies are appropriate for you.
A broker will discuss your needs, look at your assets and then draw up an insurance plan that meets your objectives. Your broker may also alert you to risks that you may not have been aware of, or advise you in areas where you may have excess cover.
Lower premiums
Another benefit to using an insurance broker is that they can be very helpful when purchasing business insurance. Not only do they have a thorough understanding of different corporate risk profiles, but they will also help you minimize your business’s exposure to risk, which will lower your insurance costs.
This is especially true in niche insurance areas such as marine or engineering insurance, where experienced brokers can offer invaluable insight into the specific considerations for those sectors, in order to ensure you get the best cover possible.
Of course, not all brokers are equally qualified or experienced. Before choosing an insurance broker it’s important to make sure they’re properly licensed and have the relevant expertise and the backing of a reputable insurer. Prepare some basic questions to ask your insurance broker to ensure you get high-quality service and the best insurance deals.
As leading insurance providers in South Africa, Hollard’s success is due in part to our team of expert insurance brokers, who work tirelessly to get you the best insurance deals. Find an insurance broker today, based on where you live and what you need.
