3 Advantages to Using the Right Insurance Broker!


There are many advantages to finding and using the right Insurance Broker. Here are our Top 3!

1. An Insurance Broker represents several different insurance companies and will compare your rates and coverage amongst the different markets to ensure you are getting the best value for your dollar.

    • Every Insurance Brokerage has it’s own contracts with different markets.  Therefore, the rates and coverage offered by one Insurance Broker may differ slightly from what is offered by another Insurance Broker.  It’s important to find an Insurance Broker that you feel comfortable with and that provides efficient and friendly service.
    • An Insurance Broker works for YOU, the client, whereas Direct Writers (including banks) work FOR an insurance company and are only able to offer you the rates and products of that specific insurance company.

2.  An Insurance Broker is able to provide you with advice on claims and make recommendations to you in regards to your policy and coverage.

    • An Insurance Broker can discuss your coverage and claim with you and support you during the claim process, acting as a mediary between yourself and the insurance adjuster when necessary. 
    • Many Direct Writers will underwrite a policy at the time of a claim, so coverage can be uncertain until after a claim has already happened.
    • When calling to ask advice about a claim, most Direct Writers automatically record the claim on your record.  This means a claim can affect your rating even in the event there is nothing paid out.

3. Most Insurance Brokerages are full-service, meaning they can insure anything that is insurable.

    • Insurance Brokers have relationships with many different insurance companies, including wholesalers, that are willing to look at unique situations and find a solution for almost any type of insurance need.
    • Direct Writers typically have little flexibility as far as underwriting rules and coverage options, as they represent a single insurance company and product line.

Check out this great little video that explains a bit more about the differences between an Insurance Broker and a Direct Writer:


Here are a few other great reasons to consider using Costen Insurance as your Insurance Broker of Choice:

  • We have a knowledgeable Team of Brokers who offer quick response time and friendly service.
  • You can reach us via phone, text, email, live chat or in person, depending on your preference.
  • We offer on-line quote submissions for Automobile, Property, Motorcycle and Commercial Insurance. You can also quote and bind a variety of small Commercial Insurance packages and Travel Insurance right from our website.
  • We have a desktop portal and mobile App , myCosten, that allows you to access your policy documents, print pink cards, submit requests, and more.
  • You can find us on Social Media, including our Website, Facebook, Instagram, Twitter, and LinkedIn.
  • We are a family-run Insurance Brokerage, in business since 1987.
  • We send out an e-newsletter highlighting contests, important insurance-related news, product information, and more.
  • We do a monthly “Customer Appreciation Draw” as a way to say Thank You to all of our fabulous clients.
  • Through our “Customer Referral Program”, we raise money for our Charity Partner, Helping Families Handle Cancer Foundation, as well as supporting other charities throughout the year.

If you have any questions about this post or anything insurance-related, we’d love to assist you!

Thank you,

The Costen Insurance Team