When it comes to buying personal or business insurance, it’s normal to have questions. What type of insurance do you need? Do you have the right level of cover? How do you know if you’re getting a good deal?
If you’ve asked yourself these questions and struggled to come up with the answers, you may wish to consult an insurance broker.
A skilled insurance broker takes the stress and hassle out of choosing insurance. They will help you find the most appropriate insurance policies for your needs, guide you through the paperwork process, and manage any claims from beginning to end.
Insurance brokers are experts in reading the fine print like terms and conditions. They have a deep understanding of insurance policies, different types of insurance, and the benefits and exclusions of competing policy providers.
What makes a great insurance broker?
Whether you need business insurance or are looking for better home and contents insurance, an insurance broker can help. Here’s what to consider when choosing one:
- Qualifications and experience. Don’t be afraid to ask about your broker’s educational background and qualifications. They should have an Australian Financial Services Licence and be either a Practicing Insurance Broker (QPIB) or Certified Insurance Professional (CIP).
- Specialist knowledge. The broker you choose should have experience in the type of insurance that you are looking for. One broker may specialise in business insurance or life insurance, while another is able to offer more general advice across a range of insurance types.
- A tailored approach. If you’re not an insurance expert, it’s okay to not know exactly what you need in an insurance policy. A talented insurance broker will work with you to understand your requirements, and help you find a policy that covers exactly what you need – and nothing that you don’t.
- Honesty and integrity. Insurance isn’t always cheap, especially when you need to renew it every year. You need to be confident that you have the right insurance at the best price. Do your homework about the broker you’re considering. Have they been in business for a long time? What do other people say about their services? Are they committed to being honest and transparent with their clients?
The top insurance brokers in Canberra
RiotACT’s editorial team has combed through 19 years of on-site comments to compile a list of the most recommended insurance brokers according to you.
To be listed in our Best of Canberra series, each business needs to have consistently received positive feedback on RiotACT and Facebook as well as maintaining a minimum average of 4/5 stars on Google.
It’s no secret that insurance can be confusing. That’s why allinsure makes general insurance clear and easy to understand. Its Fyshwick-based team offers custom-designed insurance packages to suit you and your business, with a focus on delivering superior client service and fostering strong, long-term relationships.
allinsure is a corporate authorised representative of Insurance Advisernet, one of Australia’s largest networks of independent insurance advisers. This relationship provides financial strength, business efficiencies and buying power that spans every major insurer in Australia and New Zealand, as well as major overseas insurers when required.
Happy customer Leisa shared her experience with allinsure in a Facebook review: “I’ve used Allinsure as our broker, claims support & general go-to-for-guidance on all things relevant to insurance … I have always found Peter & the team to be helpful, knowledgeable & happy to guide me through the challenges that were being experienced at the time.”
Based in Fyshwick, Capital Insurance Brokers can help you with a wide variety of insurance options, including business and domestic policies.
Its dedicated and qualified team are experts in seeking the best terms that suit your needs, ensuring that your general insurance portfolio is cost effective, and presenting the terms to you so you know exactly what you are and aren’t covered for.
In addition to general insurance products, Capital Insurance Brokers can assist with professional indemnity insurance, directors and officers liability cover, tax audit insurance and corporate and domestic travel insurance.
With 20 years of experience in the insurance industry and a passion for providing high quality service, Jamie Fluke and the team at Strive Insurance Services provide business and personal insurance services.
Strive Insurance Services is an authorised representative of NAS Insurance Brokers, so it has access to wide range of competitive insurance products. By getting to know you personally, Jamie makes sure you get the insurance cover you really need.
Your experience with insurance brokers in Canberra
Thanks to our commenters who have provided insightful feedback. If you believe we have got it wrong, please let us know.
Have you had experience with any of the insurance brokers listed above? If so, share your feedback in the comments below.