When it comes time to purchase insurance, you typically have two options – buying from an insurance broker or buying directly from the providers themselves.
These days, purchasing products and services online is a common occurrence. People find that buying insurance online is a quick and easy way to get the coverage they need. Online purchasing is the primary way that consumers now obtain insurance directly from insurance providers.
The alternative is to call an insurance broker, someone who works with clients personally to find the best insurance policy and terms. Because this takes a little extra time and effort, many people might automatically defer to buying online. But is that the best way to go?
Range of Choice
One of the most significant differences between the two approaches is that when you buy an insurance company online, they are only representing their products. You can modify by adding or removing coverages, or adjusting your deductible – but the basic policy and terms remain the same for everyone.
In contrast, when you work with an insurance broker like Ezzi Insurance Advisors, they can present you with many different products from multiple companies. By understanding your lifestyle and needs, the agent can find the best policy and terms for your situation from among a wide range of companies.
Representation
Further, it is important to remember that when you speak with an insurance provider directly, you are talking to an employee of that company. They are paid to represent their company and the products they sell.
A personal insurance broker works for you, not for any singular company. Therefore, if a policy is not right for you, they can recommend an entirely different provider – something the insurance company can’t do. Brokers assess your individual situation, compare coverages, research rates, and conditions, and search for discounts and bundling opportunities. Because the broker works for the insured, he or she is unbiased as to which company is best.
Education
If you purchase your insurance online, you typically make choices from a drop-down menu without much additional information. You may not understand what impact the lower deductible has on your premium, or that a flood is not covered under your homeowner’s policy. Insurance is quite complicated. Many consumers do not understand until it is too late that they don’t have the coverage they need.
Working with an insurance broker alleviates these concerns. A professional insurance agent who works with you personally is there to educate and counsel you through the insurance purchase. They will ask the important questions and make sure you have the right coverage level for you and your family.
Personal Service
One of the most tangible benefits of utilizing an insurance broker is that of personal service. If you have experienced a problem and need to submit a claim, you will typically not have a personal, local contact from a large insurance provider – but your local insurance broker will be there in person. They help assess the situation, file your claim, and follow through to ensure you get the reimbursement you need. You can also talk to the same person whenever you have a question and schedule personal appointments to meet face to face. This can make all the difference when you’ve suffered a loss and need help.
At Ezzi Insurance Advisors, we are committed to providing exceptional service to Port Charlotte area residents. Call us today to discuss your current insurance coverage, ask any questions you may have, and adjust your policy to reflect your needs and budget better.
