Insurance Broker FAQs: We Answer Your Questions

June 27, 2019

When it comes to insurance, your insurance broker in Perth is the best person to speak to – as industry professionals, they have in-depth knowledge and experience to help you navigate the world of insurance. Given the complexity of insurance, it’s no wonder that a lot of people have questions! Today, we’re helping you out by answering some of your most commonly asked questions.

Why do I need an insurance broker?

Choosing an insurance broker is a far simpler and more cost effective way of taking out an insurance package. Your insurance broker has the industry knowledge to find you the best insurance and a competitive price. They’ll analyse your areas of risk and ensure that you have the right level of cover so you’re not caught short at claim time. They also make claims simple by liaising with the insurer on your behalf.

What do I need to do when I have a claim?

The first thing you should do when you need to make an insurance claim is to give your insurance broker a call. They’ll be able to take a look at your policy and ensure that you can proceed with the claim. They’ll also let you know what documentation you need to provide to the insurer – this may include documents such as police reports, proof of purchase and photographs.

How much will my premiums cost?

The cost of your premiums will depend on a number of factors and it also depends on the specific policies included in your insurance package. When it comes to your premiums, it will depend on factors such as the maximum amount you’re insured for, the type of policy you’ve chosen, and the exclusions and inclusions of your policy. In simple terms, the higher the risk, the higher the premiums.

Should I just choose the cheapest policy?

When you have so many other expenses, we understand that it can be tempting to simply opt for the cheapest insurance that you come across. However, you need to remember that you often get what you pay for with a cheap policy and you may not get the level of cover you need. If the premiums seem too good to be true, read the fine print in the Product Disclosure Statement to ensure you’re getting a good quality policy.

If you’re looking for a professional insurance broker in Perth, look no further than GSK Insurance Brokers. We have the knowledge and experience to deal with increasingly complex conditions facing businesses so you can be confident that all of your risks are covered. With a loyal customer base stretching across Australia, we focus on providing you with personalised insurance solutions – speak with one of our brokers for more information! For expert Perth insurance brokers, contact us at GSK Insurance Brokers today on (08) 9478 1933.