The Top 5 Reasons for Using a Motor Trade Insurance Broker

You might have heard of motor trade insurance brokers before, but you might not have taken advantage of their services.

There are perhaps a few reasons for this, such as you don’t fully understand the role of a broker; you’ve always gone to the same place for your insurance; or you simply don’t know where to call.

However, there are many reasons to take advantage of the excellent service a motor trade insurance broker provides. Here are five of the best:

1) A broker should be completely impartial

The role of a broker is to search the insurance market to find the best deal for your business. But not all brokers are equal.

Not all brokers are like the motor trade insurance experts at ChoiceQuote, who offer expert advice and assistance to help you find the best possible deal for your circumstances, because they have access to a wide range of insurers. Some brokers only have access to a single insurance company.

The brokers at ChoiceQuote will talk you through the best motor trade insurance options to suit your specific needs. They don’t work for a single insurer; instead they are in contact with a number of leading cover providers, meaning they will find a deal that is perfect for you.

2) A broker will do the hard work

One of the most stressful and time-consuming things about searching for a motor trade insurance policy is comparing a number of different quotes.

Having to call a range of different companies can be incredibly time consuming, and you might struggle to get a moment to do so due to your business responsibilities.

We all know that comparing prices is the best way to get a great deal, but if you don’t have the time, you might just take the first offer you find.

However, if you leave the comparison work to a broker, you can concentrate on more important things.

A motor trade insurance broker will use the details you provide about your business to contact a number of different insurers to find the best policy available, both in terms of the level of cover on offer and the price it can be purchased for.

3) A broker offers guidance

It can be confusing trying to fully understand the ins and outs of motor trade insurance. That is why calling a broker could be the best course of action.

As well as giving you in-depth details about the kind of cover you need, they will also advise on optional extras to add to a policy that will be of benefit to your business. No pressure, no hassle – just simple, straightforward guidance to help you make the most of your motor trade insurance.

4) A better deal on your policy?

We’ve already discussed that a broker can do the comparison work for you, but could they also help to knock down the cost of cover further?

By giving a broker very specific details, they can rule out some forms of insurance that you simply won’t need, leaving them out of your policy and providing you with a better deal as a result.

Furthermore, depending on your business’ history and own personal record, in some circumstances they can negotiate with insurers to find you a better price than you’d perhaps be able to obtain on your own—such is the trust insurers have with brokers. So why not see if you could save some money on your policy?

5) It’s quicker than you think

It definitely saves time to call a broker rather than a number of different insurers, but it also doesn’t take too long to give them all the information they need.

In some instances, it can take a five or ten minute phone call to set the wheels in motion for getting your motor trade insurance policy. Before you know it, they’ll get back to you with the best price available, leaving you free to get on with the task at hand – making money from your business!