When it comes to purchasing insurance coverage for the automobiles that you drive, most often we come across car insurance brokers who actually work as the middleman that help to provide information to consumers about specific car insurance plans that are available. There was a time when these brokers were considered the only option to be found to purchase vehicle coverage. But, with changing times and the advent of new technology like the internet, the role of these brokers have reduced dramatically, and today most people prefer contacting companies directly instead of going through a broker to buy an insurance plan. Even companies prefer that consumers contact them directly instead of obtaining insurance through brokers. They even offer discounts on premiums to those consumers who buy insurance plans without the use of brokers.

Disadvantages:

Ø Brokers often manipulate quotes and hide the terms and conditions from buyers or owners of the vehicle in the quest of making fast sales. They also don’t reveal areas that may not be covered. They misguide people to get them to sign the deal. Later on when they make a claim, owners of the vehicles find that they are cheated, and so many things are not covered under the policies.
Ø Car insurance brokers also make the cost of premiums quite high as they rely on percentages of their income from the premiums paid by you. They get their percentage included in the premiums and the result is high premiums for vehicle coverage policies.
Ø They, at times, to make more benefits, sell non-reliable car insurance policies form companies which do not have a base and are not reliable for coverage.

Advantages:

Ø Off course, they can help you find the vehicle coverage policies in seconds. They always have quotes ready from different insurance companies and tell you the benefits and demerits of companies. Reliable brokers do highlight the shortcomings and do comparisons for you between companies.
Ø Car insurance brokers are experts in the field of insurance and they can expertly guide you to sign a policy that offers better coverage on your claims and needs. Since they are experienced they can easily and accurately calculate the quotes and compare them faster. They know the market well and they always engage in research to help you locate new consumer friendly policies.
Ø Car brokers can help you receive discounts, as they have access to special rates that are available on the market.
Ø  In case you need to make a vehicle claim, ending in a fight with the underwriter, brokers will extend their helping hand in getting the claims and coverage.

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