Who needs an insurance broker?
With so many insurance options available to today’s consumer, it makes it pretty hard to figure out just what types of insurance are right for your needs as well as your budget. While it’s a good idea to get multiple quotes about premium costs from multiple insurers, researching insurance for yourself online can be frustrating and time-consuming.
That’s why you may want to consider enlisting the services of an insurance broker. The role of an insurance broker is to act as an intermediary between you and insurers. Their job is to help you get the right types of insurance, from life and health insurance to car and homeowners coverage. The enormous amount of insurance options available today means the question isn’t really who needs an insurance broker, but about finding the right one for your needs.
Some insurance brokers specialize in one kind of insurance or within a specific industry while others provide assistance and advice concerning several different types of insurance. While brokers’ training and experience focuses primarily on insurance, they are also knowledgeable when it comes to risk management.
Insurance brokers represent you, not the insurance companies. They work with a variety of insurers to find the right policies and coverage to fit your particular situation as well as your wallet. They’ll look out for your best interests by negotiating with insurance carriers about such issues as monthly payments and deductibles. It’s all about getting the best rates for the amount of coverage you need.
While using an insurance broker isn’t a necessity for everyone, you’ll may want to consider using one if you:
- Own multiple cars or homes
- Own a business
- Need better insurance rates
Brokers can make money in one of two ways. They can receive a commission from an insurer when they place your business with them. These commissions are a percentage of your premium costs, and they vary from state to state according to the laws of that state.
Some brokers may charge a fee which they must disclose to you, and these are often nonrefundable. Usually, broker fees are reasonable, and some states even impose fee restrictions.
Finding the right broker for you
If you live in the Los Angeles area and want to engage the services of an independent insurance broker, Daniel Fraisse should be at the top of your list. Daniel Fraisse’s top priority is in fitting an insurance policy to his clients’ insurance needs and finances.
Dan Fraisse is a full-service independent insurance broker whose insurance services include:
- Commercial vehicle
Over the years, Dan Fraisse has built solid relationships with a variety of insurance carriers and has developed a reputation among his clients for being hard-working and dedicated to helping them get the best possible deal.
Let Fraisse Insurance be your one-stop shop for insurance.