Why use an insurance broker in Calgary?
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Calgary insurance brokers have advantages over direct insurers and insurance agents. Brokers offer convenience, service and support, a wide selection of options, and better rates by shopping around for the best insurance deals. They can fulfill all your insurance needs - quotes, coverage, renewals, claims, and many other services.
Whether you need coverage for your vehicle, home, or business, they can help you.
Here are the top benefits of using a broker:
- Convenience: Brokers do the shopping for you. Simply provide your information online or over the phone; they will handle the rest. You choose a policy and save money.
- Service and support: Brokers are here to help. They can answer your questions, help you with claims, offer advice, and more.
- Selection and options: They can provide you with options from multiple insurers. So you can find the precise coverage you’re looking for.
- Better rates: The main reason people choose brokers! A broker is your best option to get cheaper insurance quotes. They’ll shop around and explore the market until they get you a better deal.
How are insurance brokers different from agents in Calgary?
While brokers and agents both sell insurance, they have very different roles and capabilities. Both are licensed professionals, but the main difference is who they work for.
Brokers work for you and can get you quotes from multiple insurance providers. Agents work for a specific company. They can only offer you rates for the products sold by their company. Another key distinction is that an insurance agent's best interests are with their company. Brokers have your best interests in mind. This is particularly important when filing a claim. A broker will advocate for you and ensure you get what you are entitled to.
Who regulates Calgary insurance brokers?
Insurance is regulated by the Alberta Insurance Council (AIC). All brokers and professionals in Calgary must be registered with the Alberta Insurance Council and have a Certificate of Authority. Only work with licensed insurance providers.
