Automobile Insurance Brokers – 3 Things to Look Out For When Dealing With an Auto Insurance Broker
Auto insurance brokers can save you some money on auto insurance. Their job is to shop you around to different car insurance companies and get you the lowest quote that you qualify for. They are usually a better bet than dealing with an insurance agent who typically only sells insurance form one company.
The broker is usually more experienced than an auto insurance agent, but this is not always the case. It is important to ask your auto insurance broker how many years he has been in the business.
You should also find out if the broker tends to favor one insurance company over another. This could be an indicator that a certain insurance company is paying him more per client than another company which could impact his ability to impartially shop for the best car insurance quote you qualify for. The best way to find this information is to simply ask him or her if he has a high percentage of clients at one car insurance company.
Another potential pitfall is that the insurance broker has no inside information. This is the most likely scenario, but it is also the most troubling. Many insurance brokers are using web sites that are available to the general public in order to obtain car insurance quotes. This is something you could, and probably should, just do for yourself. There is no reason to pay someone for work that can be easily accomplished on your own.
Finding your own car insurance quotes online may be a better option than using automobile insurance brokers. By shopping for your own quote you will be able to save some money on the broker, and even more money on the actual car insurance policy.
Auto insurance brokers may be the solution for you, but we would encourage you to get your own auto insurance quote online and compare them with the quotes the broker brings to you. You may be very surprised that the quotes you found without any help are less expensive.
Source : http://ezinearticles.com/?Automobile-Insurance-Brokers—3-Things-to-Look-Out-For-When-Dealing-With-an-Auto-Insurance-Broker&id=2807916