An Insurance Broker is a person or company that is not employed by an insurance company, that finds the best policy for someone who wants insurance
When to use an Insurance Broker?
If your individual circumstances are complex or unique, you are wanting to insure something out of the ordinary, or you simply prefer a more personal service, you may want to consider using an Insurance Broker. Insurance Brokers are experts in the market of insurance. They will be able to offer you impartial advice on what type of insurance and level of cover you require and recommend a suitable policy.
Using an Insurance Broker vs Comparison Sites
If you are looking for a general insurance policy, for example, car, travel or home insurance, then your first port of call may be to look on an online comparison site. These can be a good place to get an idea of what policies are available, but they are not always the most effective way to find the insurance policy best suited to you. The policies offered on comparison sites are very generic, with limited ‘tick box’ options. You may end up paying for more cover than you actually need or find that a cheaper policy might not give you the cover you require.
Finding the Right Product for You
An Insurance Broker will ask you about your personal circumstances in order to find you a policy best suited to your individual requirements. Insurance Brokers are often able to get you a better deal by comparing prices and policy product features. Unlike comparison sites, Insurance Brokers offer personal advice and can speak directly to the insurance company on your behalf. This means you can have a tailored policy that comprehensively covers you for what you need, ensuring that you don’t pay more for cover that you don’t need.
Finding a Specialist Insurance Provider
Online comparison sites don’t offer specialist or bespoke cover. If you want to insure something unique, for example, a custom-made expensive item of jewellery or take out comprehensive travel insurance when you have a pre-existing medical condition, an Insurance Broker will know which insurance providers to approach.
Insurance providers won’t always offer you every available type of cover if you go directly to them, and comparison sites can be limited in the range of policies listed due to the basic information they ask for. Insurance Brokers can talk you through the different types of cover available from various insurance providers and help you to decide what cover best suits your needs.
Expert Advice Doesn’t Cost You More
Insurance Brokers and online comparison sites both get paid a commission by the insurance provider for selling their product. This means that you don’t pay Insurance Brokers a fee for their personal service.
Help With Claims
If you do need to make a claim, an Insurance Broker will do as much as possible to assist you, easing some of the hassle and worry that comes with this inconvenience. This is a service you won’t get with online comparison sites.
Buckingham Insurance provides our Motor Insurance policy holders with a claims line that can be accessed 24 hours a day, 365 days a year.
Who is Buckingham Insurance?
Buckingham Insurance is an independent general Insurance Broker. From our offices in Clowne and Ripley, we have been serving both households and businesses across Derbyshire and South Yorkshire for over 40 years. Our brokers provide our customers with professional, impartial help and advice about their personal and business insurance, and our extensive relationships in the insurance markets mean that we can provide tailored cover from the UK’s leading insurance companies and specialist providers.
We aim to offer a truly modern broker experience. We pride ourselves on putting our clients first, and the quality of the service we offer is demonstrated by our growing client base and the high number of clients that choose to stay with us, year after year.
Tony Buckingham, Managing Director of Buckingham Insurance says, “Buckingham Insurance was established over 40 years ago and offers a friendly, professional insurance broking service to businesses and individual customers alike. You will find our business and personal insurance teams are friendly and knowledgeable, and they will use their expertise to understand your requirements and source the most suitable cover for you at the most competitive price available. If you would like to discuss your insurance needs, please contact us or telephone one of our friendly staff on 01246 575 625 (Clowne) or 01773 748 627 (Ripley). They will be more than happy to answer any questions you may have.”