Finding the best high risk insurance broker involves shopping around for an Insurance broker that will offer you more than just the best insurance coverage for the best cost. Auto insurance in Ontario is very expensive, which makes cost the number one factor when considering the insurance brokerage you choose. But some Ontario drivers want more than just cheap insurance from their Insurance provider and insurance broker.
Additional things people may be looking for in a brokerage:
- Customer service
You may be looking for the most competent or someone that can treat you with the utmost customer service and peace of mind. After all, insurance is about having piece of mind.
Finding the Best High Risk Insurance Broker:
Find an insurance brokerage that’s able to provide car insurance quotes from ALL high risk insurance companies. This means that the Broker has distribution agreements with the respective high risk insurance companies and allowed to sell their product. The more high risk insurance companies the broker represents the better your chances of securing the cheapest price. However, price is not the only thing to consider!
Being insured through the substandard auto insurance shouldn’t be an indefinite scenario and most drivers are always looking forward to entering back into the regular market. A good Insurance broker will help you transition back into regular car insurance market where prices are cheaper, insurance coverage is better and payment options are less stringent.
An Insurance Broker should always try and find the best and affordable car insurance for you. Insurance brokers call this remarketing which involves searching for a better price with comparable insurance coverage on policy renewal or when a traffic violation, accident or anything else falls off your driving record that could save you money off your auto insurance premium.
You also want an insurance broker that’s going to ensure that any claim you have will be handled fairly. A good insurance broker should be proactive about your insurance claim and addressing issues and concerns with you and your claim adjuster. Remember, an Insurance Broker works for you rather than an insurance company and usually make a positive difference to your claims settlement.
High Risk Car Insurance Is Sold by a Licensed Insurance Broker of Ontario.
Many Ontario drivers have never dealt with an Insurance Broker, but rather direct insurance agents like TD, RBC or any insurance company that sell directly to the consumer public. Ontario drivers who are forced to look for auto insurance in the high risk market may not know the difference between an Insurance broker vs insurance agent. High risk auto insurance is exclusively sold by licensed registered insurance brokers. If you’ve never dealt with an Insurance Broker the lack of experience may cost you!
In Ontario, Canada insurance rates are regulated and standardized, meaning the prices for car insurance, whether it’s high risk or not, cannot vary for a specific insurance co. from one Insurance Brokerage to another. However, not all high risk insurance brokers have distribution agreements or contracts to sell from ALL insurance companies. This could mean that not every broker can offer you the cheapest car insurance quote. Think of an Insurance Broker as someone that will try and get the best auto insurance quote from most or all insurance companies.
If you want the cheapest high risk car insurance you need to shop around for the Best High Risk Insurance Brokerage with distribution channels from ALL High Risk Insurance Companies!