Why use a broker?
Just like an accountant or lawyer who provides you with professional advice, based on years of training and experience, a qualified broker can do the same with your insurance. … Often it costs less because brokers have knowledge of the insurance market and the ability to negotiate competitive premiums on your behalf.
What do insurance brokers do?
In a nutshell, an insurance broker trawls through a number of insurance companies to find the most cost-effective cover for your needs.
You and the broker chat about what you want your policy to cover and give them your details.
They then act as the middleman between you and the insurance company, and should look out for your best interests when presenting you with insurance deals.