Why an experienced broker can beat an online comparison site

that treasured personal possession, not having the use of your motor vehicle, or losing the use of some valuable business equipment?

At times like these that ‘cheap’ premium will serve not only to compound your misery but also your costs.

Many people, whether they are searching for business or personal insurances, will often question the role and value of involving a broker when it comes to choosing their insurance solution – after all if we can ‘self-service’ online, surely that will guarantee a cheaper insurance premium. But does it?

I would argue, and of course you would expect me to, that using a broker – one that fully understands your needs and risk – would not only provide you with a more comprehensive solution, but one that could save you money in the longer term and provide you with complete peace of mind. Let me tell you why. In the current economic climate, we all want to ensure that we are getting the best value for money and whilst it could be perceived that the cheapest insurance option is to buy online via one of the aggregators, what about the consequences of buying ‘budget’ cover when it comes to making a claim?

Times are hard enough, but imagine not being able to replace

When you purchase any form of cover online, you become your own broker. It is classed as a ‘non-advised’ sale and you have no right of recourse: you made the selection, and the choice of cover was down to you.

In comparison, if you purchase cover from a regulated insurance broker and engage them for advice, then not only will you have that extra layer of comfort, but if it all does go wrong then you have the right to claim back any losses incurred for incorrect advice.

In fact, most insurers save their best rates for independent regional insurance brokers as well. They recognise that we will conduct a full and thorough audit before making a recommendation, thus ensuring less of a risk to them and avoiding potential fraudulent policy set-up, something which is much more common via the online platforms. Ultimately the choice of how you buy your insurance solution is down to you and given that none of us ever think we’re going to make a claim, then perhaps cheapest is best.

However, do remember that we can’t control all the variables: the other driver, the opportunist thief or even a genuine accident.

Ashbourne Insurance are a third generation family-run business established over 40 years offering insurance solutions to both the business community and local residents.

You can trust us to find the right solution for you.

If you would like to find out how we can help you with either business or personal insurance, call us on 01992 471001.