The Advantages of Working with an Insurance Broker
How Home and Property Owners Can Benefit from Using an Insurance Broker
Shopping for any type of insurance can be a very time-intensive process; whether one needs insurance coverage for their home, vehicle, business, farm, or some other interest, researching insurance companies via the internet and/or by phone requires an investment of time and effort to generate a list of variables, including prices, that must be compared and contrasted to see which policy best suits the needs of the particular consumer.
Unfortunately, many people only have a limited amount of time to shop around, as they say, which can add undue pressure to the decision-making process (i.e. they need to get their insurance coverage in place with some urgency); furthermore, the information they attain can begin to blur after a while, making the entire process even more exasperating. Consequently, they will often settle for insurance coverage that is ‘good enough’ but may not necessarily be the best policy for their needs or the best value for their budget.
Such frustrations can be eliminated, and a better result achieved, by using the resources and services provided by insurance brokers, like the knowledgeable staff at Petley-Hare Limited in Oshawa. An insurance broker can essentially be defined as an agent, advisor, and/or negotiator who acts on behalf of the interests of their clients; and to clarify/dispel a common misconception about insurance brokers, it does not cost the client any more money to use a broker versus trying to find an insurance provider on their own – brokers receive commissions by the insurance companies with whom they place the business and there is no financial incentive for them to choose one provider over another.
With this clarification firmly in mind, working with an insurance broker can offer several benefits over a self-directed search to find an insurance provider; these advantages can include greater access to or the availability of:
- A broader range of insurance agencies
- A wider assortment of insurance products
- Insurance products only offered by brokers
- Better rates, thus better return on investment
- More suitable insurance coverage for their needs
- More in-depth and more objective risk assessment
- Skilled negotiators who can ask the correct questions
- Extensive knowledge and experience in various markets
- A solitary contact for any claims, policy changes, or advice
An insurance broker can certainly play a vital role in saving time, effort, and frustration for a property or asset owner while simultaneously helping to secure the ideal insurance solution to best satisfy their respective need or needs. For the residents of Oshawa, one such agency is Petley-Hare Limited, a leading insurance broker throughout the Durham Region for almost a century.
To learn more about the value of making Petley-Hare Limited a preferred choice when in need of an Oshawa insurance broker, go to Why Choose A Broker Page.
A Comprehensive Array of Services Provided by Experienced Insurance Brokers
Oshawa property owners and business owners looking for a qualified and knowledgeable insurance broker can count on the professionals from Petley-Hare Limited. Since 1922, Petley-Hare Limited has been successfully developing and providing insurance solutions tailored to meet the specific needs of their clients; with offices in Oshawa, Pickering, and Bowmanville, the Petley-Hare Limited representatives are immediately available to Durham Region residents who prefer to interact directly with their respective service providers.
The Petley-Hare team is well-informed in all facets of insurance and insurance products, particularly as they apply to the local market, and can capably support new and existing clients with their insurance coverage for a variety of needs/assets including:
- HVAC Business
- Group Plans
For further information on the comprehensive range of insurance products and services offered by the expert insurance brokers at Petley-Hare Limited, call 1-800-216-5324 today to speak with one of our knowledgeable representatives or contact us to request a no-obligation consultation and quote.