We were asked this question yesterday and thought we would pause to address the questions. Brokers do many things during the insurance transaction that separate them from direct writers or alternative purchasing methods.
An insurance broker works for the consumer rather than an insurance company. Insurance brokers are trained to use their professional knowledge and experience in order to help you properly assess your insurance needs, shop for the best value in insurance coverage and help you in the event of a claim.
Their services include:
A broker is paid a commission through the insurance company that you place your business with, and believes in complete transparency in this regard. For more information please see out referring resource http://www.ibac.ca/Why-Use-A-Broker/What-a-Broker-Does.aspx
What do you think?
The Base Team
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