A Calgary insurance broker performs many of the same functions you would expect from a typical insurance agent. However, where they differ is in their ability to offer you a wide range of options from several different insurance providers. In contrast, an average insurance agent would only provide you with the options of their company.
However, before we get into the benefits of this service, first, it seems necessary to review the ordinary functions of insurance brokers and agents alike.
The Tasks of Calgary Insurance Brokers
Of course, the task that you are probably most familiar with, when it comes to insurance brokers is their ability to sell insurance. Often, people have multiple insurance policies for their vehicles, homes, lives, and much more. A Calgary insurance broker can provide coverage for each of these policies.
However, they can additionally provide better savings because of their relationship with multiple insurance providers. For instance, they can bundle your home and life insurance under one provider, and your vehicles through another. This versatility gives you the chance to take advantage of different deals or specials the insurance companies offer, such as savings or rate reductions.
Insurance brokers are also responsible for other tasks, such as study and research. Every year some changes affect insurance policies, regulations, and more. It is up to each insurance broker to ensure they know about the changes so they can better inform their clients and provide useful information.
As a result of insurance brokers’ knowledge, they can also provide relevant information. For instance, showcasing how different plans or bundles can save money for their clients. Or, advising on what insurance policies are necessary for different items, such as basic versus comprehensive coverage for vehicles.
Why Choose a Calgary Insurance Broker?
At this point, you may be wondering why you should choose a broker over an agent. The reasons above speak to their ability to find you the best promotions and packages. But, if that isn’t enough, there is one additional reason.
The final reason, and perhaps the most convincing, is that insurance brokers work for commission. This means they only get paid if they work out a deal between their clients and the insurance companies. The reason this is so convincing is its offer of a continuing incentive for the broker to learn about new sales and changes within each company.
Lakeview Insurance Brokers Ltd. has been a highly dedicated member of the Independent Brokers Association of Albert and has been family-run since 1979. Our brokers take the time to ensure you get the best policy that suits your needs. Contact us today to get started at 403-287-2521 or send an email to [email protected].