Mark Lemon Home Loans and Insurance services
Why Use a Broker?
Every day we see advertisements telling clients to buy insurance direct.
"No hassles."
"Cheaper."
The messages vary, but all follow similar themes.
Interestingly however, there has never been a more important time to get professional assistance.
1.Fact 1 - Insurance contracts are very complex.
2.Fact 2 - If you get it wrong, the insurance company may find the loophole and the loss may not be survivable “ for Youâ€.
3.Fact 3 - Did you tape the phone call? You can bet the insurance company did. Your broker will have written records to assist you at claim time.
4.Fact 4 - If the broker makes an error setting up your policy or misses something, we have insurance to cover these mistakes. Do you?
5.Fact 5 - It costs an insurance company approximately 5% more to use a brokers service than the cost of running their own staff wages and office expenses.
At claim time however, they pay out on average 14% less in claims to the policy holder – to you, who don’t have a broker
Regardless of who, please use a broker to review your situation and present the best options specific to your situation.
