How Using an Insurance Broker Can Help You Save Some Serious Money

July 9, 2018

If you’re thinking of getting in touch with an insurance broker in Perth to give you a hand with your cover, it’s a smart move! There are a number of benefits associated with using an insurance broker – they’re experts when it comes to the world of insurance and can help you find the best cover possible for your unique set of risks. Of course, one of the main benefits that comes with using a broker is that they can save you money. Let’s take a look at how they do it.

They can shop around

If you’re like most people, you just don’t have the time to compare a whole heap of different policies to find the right price. That’s where your broker comes in. They’ll compare a number of different policies on your behalf to find cover that offers the best value. Due to the professional networking connections your broker has, they also have the power to negotiate with insurers around the cost of your premiums.

They get the balance right

The problem with opting for the cheapest insurance policy possible is that you may not be getting good quality cover. This might be ok in the short term but when it comes to claim time, it can mean very minimal cover which can work out to be very expensive! Your broker will work hard to get the right balance with your cover, which means you get a quality policy at a competitive price.

They review your cover regularly

Insurance premiums vary between different insurers, and they can also change over time as insurers offer discounts or additional cover. Rather than staying with the same policies each year, your insurance broker will review your insurance package when it’s due for renewal to see if there’s an alternative which offers better cover for the same price or reduced premiums. Remember that your broker isn’t loyal to a particular insurer, they work for you!

They step in at claim time

It’s not just with premiums where your broker can help you find savings. They can also support you at claim time by liaising directly with the insurer to advocate for the best financial outcome possible for your claim. They’ll enter into negotiations if necessary and act on your behalf – perfect for those tricky claims!

At GSK Insurance Brokers, we pride ourselves on our commitment to excellence and personalised customer service. Our Perth based insurance brokers will take the time to analyse your needs so we understand you and your business. We then identify the specific risks you face and formulate insurance solutions so that you’re covered. At GSK, we insure your success!

For expert insurance brokers in Perth, speak to GSK Insurance Brokers today on (08) 9478 1933.