Why You Should Use An Insurance Broker

By
November 1, 2022

A significant challenge when shopping for business insurance is making sense of various coverage options and products. Knowing precisely what will be best for your situation can be overwhelming. Working with an experienced and qualified insurance broker can reduce the confusion and help you make the right policy choice.

An insurance broker is a licensed expert in insurance and risk management who makes insurance shopping easier. Also, insurance brokers partner with clients, representing their businesses to find the best value for policy coverage and cost. As such, brokers can advise you on the type of insurance that is the best fit so your business can thrive and survive.

The following list outlines some of the top benefits of working with an insurance broker:

Objective Risk Assessment

Because they have training and experience, brokers can analyze your business’s liabilities and risks. Also, they have access to high-tech tools for assembling accurate information, making it easy to compare options. That way, you can determine which policy is best. As your insurance partner, brokers work as an extension of your business, giving honest advice and opinions that you can trust.

Insurance Brokers Are Your Personal Representative

One of the biggest advantages of insurance brokers is that they don’t represent insurance companies. Instead, they represent insurance buyers. Because they are connected to several insurance companies, they can provide more insurance choices. Their main job is to present rate and coverage comparisons. And because they are insurance experts, they can advise you and answer questions. As a result, you can decide the best option for your situation. And their ability to shop for the best coverage usually saves you time and money.

Getting Expert Advice Doesn’t Cost You More

Insurance brokers get paid a commission from the insurance provider on sold policies. Typically, commissions are a percentage of the policy’s total annual premium. Remember that, unlike insurance comparison sites, brokers bring expertise to provide detailed insurance options.

Gain Peace of Mind Knowing You Have the Right Insurance Coverage

As a new business owner, protecting your company from the unexpected is essential. Working with an insurance broker can help you see the insurance policy options that fit your situation. As a result, you will make a better-informed decision. At Cell Brokerage, we help companies find the right coverage and maximize their policy dollars.

For more information, contact Cell Brokerage today at 844-440-4222.

Talk to an Insurance Pro

How Often Should I Update My Business Insurance Coverage?

By Cell Brokerage | November 15, 2022

Business insurance coverage should change as your business evolves. No matter if your company is moving to a new location, experiencing a burst of growth, or any significant change, you should evaluate your insurance coverage. As needs change, so do the risks. Make a plan to review your business insurance policy at least once a year and every time there’s a significant change. Taking a proactive approach like this can help ensure you have the coverage you need to protect your company in the event of a disaster.

Read More

I Started My Own Business. What Insurance Do I Need?

By Cell Brokerage | October 18, 2022

Congratulations on starting your business! Whether in the professional services or consulting industries, retail, manufacturing, or construction, companies need business insurance. And having the right coverage can help protect you from expensive damage and lawsuits.

As a business owner, you have plenty of options.

Read More

Protecting Your Business from Insurance Scams

By Cell Brokerage | October 1, 2022

No matter the size, businesses must be prepared for illegal and frivolous insurance claims from scammers. And it can be hard to identify who may be running an insurance scam, hoping to get some of your hard-earned money or disrupt your business. The person may be an everyday contractor, the friendly voice on the phone, or the sender of an email in your inbox. In disguise, the person is a scammer, hacker, or fraudster.

Read More

Incorporating Insurance Into Your Risk Management Strategy

By Cell Brokerage | September 15, 2022

Risk management is a broad topic that involves taking steps to minimize and control the threats businesses face. Learn how to identify your risks and what you can do for prevention.

Read More

Do I Need Business Interruption Insurance?

By Cell Brokerage | September 1, 2022

Wondering if business interruption insurance is right for you? Find out the coverage benefits to help keep your company running after a major disaster

Read More

Is Renters Insurance Necessary?

By Cell Brokerage | August 4, 2022

A renters insurance policy is meant to cover unexpected events like theft or fire. Whether you lease a home or an apartment, it’s a good idea to have a renters insurance policy to protect your valuables and belongings. But you may be asking, is renters insurance worth it? The short (and long answer) is yes.

Read More

10 Tips to Save on Gas as Fuel Prices Increase

By Cell Brokerage | July 1, 2022

Are you frustrated at the pump with fuel prices? Is the current cost to fill up your vehicle hurting your wallet? If so, saving money on gas is probably a high priority for you in 2022. As auto insurance writers, we know a few things about saving money. Here are some surprising tips on how to save money without shopping around.

Read More

Jackware Cyberattacks Explained

By Cell Brokerage | June 1, 2022

Ransomware incidents entail cybercriminals compromising their victims’ computers or servers with malware and demanding large payments in order to restore the technology (as well as any files or data stored on it).

Read More

Ways to Protect Against Phone Scams

By Cell Brokerage | May 3, 2022

Are you getting a lot of phone calls or text messages from people you don’t know? Often, on the other end of the line is a scammer. And scammers use the internet to make calls from all over the world to steal money or personal information. For many people, scam calls are a source of anxiety or annoyance. To protect yourself, you can take steps to help stop scam calls.

Read More

Harden Your Cyber Defenses Immediately, White House Warns Private Sector

By Cell Brokerage | April 4, 2022

In a March 21, 2022 statement, President Joe Biden cautioned businesses in the private sector to harden their cyber defenses, reiterating earlier warnings related to potential cyberattacks.

Read More