An insurance broker is a middleman between a client and an insurance company. Dealing directly with an insurer is fine – if your needs fit with how they want to engage. But if you have a high-value car, make a claim, or need to change a detail within your policy, then you might find that ‘the computer says no’ and be left frustrated with no one to help you.
It can be tough to find the optimum balance between insurance cover and price, often needing to forfeit some elements of cover in order to keep down the cost. However, there are some simple ways to manage your premium and still have the cover you need. Remember, cheapest is rarely best!
There are many elements of cover which could prove to be more cost-effective than purchasing a cheaper policy from the outset. It is always worth checking to see if they are included either as standard or could be purchased as an additional product alongside your policy.