Insurance. Love it or hate it you have to have it. Health, auto and home, car and life, you name it and you (yes you!) probably have some or all of these policies.
It can be confusing, especially for the layperson, that has little experience with the intricacies and complexities of the insurance offerings that are out there. But the good news is that you don’t need this expertise to be confident that you have the proper insurance for your specific situation.
Heck, that’s what your insurance broker is for! So what CAN you expect from your insurance broker:
To start, let’s assume that you have taken the time to carefully select your professional insurance broker and have interviewed and vetted firms based on what they offer as well as the personal “connection” that you feel with the person that will be handling your policies. There are many firms and brokers from which to choose. Don’t underestimate the importance of that personal connection with this important advisor.
Things change and so do your circumstances. Your insurance broker should stay in contact with you and assess your situation on
a periodic basis to determine if your needs have changed and hence necessitate a revision to your policies.
Staying in touch is one thing; being able to “get” in touch is another. Your broker should be accessible by phone and email and be responsive to your attempts to connect with them. You should be able to “expect” a response in a reasonable amount of time.
Insurance is technical and also complicated which is exactly why you need a highly knowledgeable insurance professional to handle your business. Make certain that your broker has the necessary expertise for your needs.
There are a lot of insurance options in the marketplace. Your insurance broker should
be able to make substantive recommendations and do so in a totally unbiased way.
At the end of the day it is up to you. The more questions that you ask the more you will know plain and simple and the more confident you can be that you have the appropriate and best coverage.
