Is it worth using a broker for car insurance?<\/h3><\/div>![\"Danny](\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2020\/07\/Danny-Butler.jpg\")
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Finder insurance expert Danny Butler<\/a> answers <\/em><\/div><\/div>Maybe. Brokers can certainly take some of the leg work out of comparing insurance deals, because they check what\u2019s on offer from multiple insurers. But, provided your requirements are pretty straightforward, you may be able to get just as good a price (or potentially better) using a price comparison site.<\/p>
That said, because brokers offer a more personalised service, they can offer a level of reassurance that you are receiving the right type and level of cover at a good price. Especially if you have atypical requirements. And some brokers get special discounts on car insurance from insurers they work with regularly. This may need to be offset against the commission they charge, and which is built into your premium, though.<\/p>
In many cases, your best bet to secure the right cover at the best possible price will be to compare all of your options. This includes brokers, price comparison sites, and direct-only insurers<\/a>.<\/p><\/div><\/div><\/div><\/article>What kinds of driver might particularly benefit from using a car insurance broker?<\/h3>
There are a number of risk factors that might mean you find it difficult to get reasonably priced cover via a price comparison site. Risk factors that could make it worth trying a specialist broker include:<\/p>
- You\u2019re a younger<\/a> (under 20) or older<\/a> (80+) driver. There\u2019s evidence that drivers in both of these age brackets can make more, or more expensive, claims. As such, some mainstream insurance policies may not cover them.<\/li>
- You drive a classic or unusual car. Many brokers specialise in insuring cars which are less commonly seen on UK roads, such as classics<\/a>, or imports<\/a> from overseas.<\/li>
- Your car is a high-performance<\/a> or modified<\/a> model. Insurers often lump drivers of such cars into a \u201chigh-risk\u201d bracket by default. A broker may be more able to take mitigating factors into account.<\/li>
- You use your car for business<\/a>. Most mainstream insurance policies won\u2019t cover any business use beyond commuting to and from a regular place of work.<\/li>
- You have driving convictions<\/a>. 3 points on your licence from a minor offence may not limit you too much, but any more than that and you may struggle to secure affordable insurance via a price comparison site.<\/li><\/ul>
How can I find a car insurance broker?<\/h3>
You can find a car insurance broker to suit your needs in a few ways. One way is simply to use a search engine to find a suitable broker for your needs. For example, a search for \u201ccar insurance broker young driver\u201d show results for, unsurprisingly, brokers that specialise in cover for young drivers.<\/p>
The downside of this approach is that the results you see may be ranked by the insurers that are best at search engine optimisation, rather than those that are necessarily best for your needs. Plus, while the vast majority of brokers are legitimate, there\u2019s a chance that a rogue, unregulated company may sneak into the search results. You can double check if a broker is regulated on the FCA\u2019s Financial Services Register<\/a>.<\/p>A good alternative is to use BIBA\u2019s search service. You have two options:<\/p>
<\/p>
Maybe. Brokers can certainly take some of the leg work out of comparing insurance deals, because they check what\u2019s on offer from multiple insurers. But, provided your requirements are pretty straightforward, you may be able to get just as good a price (or potentially better) using a price comparison site.<\/p>
That said, because brokers offer a more personalised service, they can offer a level of reassurance that you are receiving the right type and level of cover at a good price. Especially if you have atypical requirements. And some brokers get special discounts on car insurance from insurers they work with regularly. This may need to be offset against the commission they charge, and which is built into your premium, though.<\/p>
In many cases, your best bet to secure the right cover at the best possible price will be to compare all of your options. This includes brokers, price comparison sites, and direct-only insurers<\/a>.<\/p><\/div><\/div><\/div><\/article> There are a number of risk factors that might mean you find it difficult to get reasonably priced cover via a price comparison site. Risk factors that could make it worth trying a specialist broker include:<\/p> You can find a car insurance broker to suit your needs in a few ways. One way is simply to use a search engine to find a suitable broker for your needs. For example, a search for \u201ccar insurance broker young driver\u201d show results for, unsurprisingly, brokers that specialise in cover for young drivers.<\/p> The downside of this approach is that the results you see may be ranked by the insurers that are best at search engine optimisation, rather than those that are necessarily best for your needs. Plus, while the vast majority of brokers are legitimate, there\u2019s a chance that a rogue, unregulated company may sneak into the search results. You can double check if a broker is regulated on the FCA\u2019s Financial Services Register<\/a>.<\/p> A good alternative is to use BIBA\u2019s search service. You have two options:<\/p>What kinds of driver might particularly benefit from using a car insurance broker?<\/h3>
How can I find a car insurance broker?<\/h3>