What is most important to you when choosing an insurance plan? Is it cost or security? Or is it having peace of mind knowing that everything is covered? Shopping for the right insurance plan yourself can be time-consuming, expensive and can often leave you feeling slightly unsure about whether you have chosen the best cover for your personal situation and needs. Having a broker to do this for you could not only save you time but also money and unnecessary hassle.
Here are 5 reasons why you should have a short-term insurance broker:
- Comparing prices is more complicated than you think
Finding the best price is easy – simply compare quotes and choose the cheapest premium. This is not necessarily the best solution to insure your assets. Short-term insurance policies, especially the underlying policy wordings, are complex. For example, one company may offer lower premiums but charge higher claims excesses. How would you know which policy offers you the best value in terms of cover if you don’t have full comparisons? A specialist short-term insurance broker will consider your unique circumstances and assist you to make the right choice.
2. What level of cover do you choose?
What if your car is underinsured or over insured? What if you had a burst pipe, resulting in water damage to your furniture, carpets, electronic goods and were hopelessly underinsured? The cost of replacement could be devastating. Could you afford to be underinsured and be forced to replace all these items yourself? The question then is what level of insurance protection is really required? Also, what other risks could you face that you have not even considered? The incorrect level of cover or worse yet, no cover, can result in a devastating financial setback. This is where your short-term insurance brokers advise is invaluable.
3. Paying for cover that you don’t need
An experienced short-term insurance broker will do a needs analysis to establish the cover that you do require, and ensure that you don’t pay for unnecessary cover.
4. A specialist broker understands the industry and market
Which short-term insurance company can you trust? Which of these companies will make it easy for you to claim? Who will you receive good service from? Your short-term insurance broker has direct access to all leading insurers and will provide you with the right fit. Your broker will help you make claims and manage any disputes you may have with your insurance company based on industry knowledge and know how. Why not have a specialist on your side?
5. You need to plan for what events may occur in the future
It is very important when planning your future that you include short-term insurance in your plans as a catastrophe could be devastating to your savings. Don’t take an unnecessary risk with your future. So, get the short-term insurance cover you need, with a specialist short-term insurance broker guiding you through this purchase.
At Cornerstone Insurance Brokers, we always put your interests first, analyzing your personal and business interests to build a bespoke insurance solution specifically for your needs. Contact us to find out how we can help, and possibly free up some of your time so that you can focus on the things that you enjoy.