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If you are looking for the most competitive home, auto or business insurance coverage in Edmonton, an insurance broker is best person you could task with finding you the best deals. Unlike insurance agents that are aligned with a specific company, a broker works for you to help you find the best coverage at the best price. This means that they will protect your interests and help you find policies that are most suitable for your financial situation. Learn the multiple advantages of working with an experienced, independent insurance professional at MBS Insurance Brokers in Edmonton.

Our Top 5 Reasons to Team Up with an Insurance Broker

  1. Wider Choice: We examine our insurance markets and the products they offer to find you the best rates and coverage. Moreover, some carriers offer exclusive deals through brokers which are not available to the general public.
  2. Expert Objective Advice: You know how important it is to research your options before signing on the dotted line. However, exploring all the options available could take days, even weeks. Sifting through and comprehending industry jargon can also be confusing. Brokers shop around for you and offer personalized guidance through the insurance maze. Regardless of which policy you choose, our advice is impartial. We have nothing to gain by pushing a particular product your way and our goal is to match you with the right policy for your unique needs and situation.
  3. Trustworthy: An insurance broker is the middle person between you and the insurance company. A broker is licensed and governed by a strict code of ethics and is required to update their knowledge on the latest developments, rules and regulations in the industry. You can buy with confidence knowing that your privacy and best interests are protected.
  4. Full Disclosure: Insurance brokers must disclose their commission or compensation rates and how this impacts your insurance premiums. We are also required to divulge any financial links with companies (like loans or investments) that could cause a conflict of interest. Having these important details will help you make an informed choice about which insurance to purchase.
  5. Claims Assistance: Filing claims or disputes can be extremely stressful, especially if you have never done it before. Our brokers know the process and will help you navigate the system for the best possible outcome. This allows you to devote time to focus on your rehabilitation efforts.

Contact MBS Insurance Brokers for affordable coverage in the Edmonton region. Our insurance brokers can utilize their knowledge, experience and industry connections to get you all the applicable discounts and to maximize your savings. For more than 45 years, we have helped Edmonton businesses, families, and individuals protect their interests with affordable autohome, and commercial insurance policies. You can count on our dedicated team to provide exceptional products and services at the best rates.

Call 780-436-7880 or contact our insurance brokers online to get affordable auto, home, life and business insurance in Edmonton.

How an Insurance Broker Saves You Time and Money

Do you know the benefits of an insurance broker?

Suppose you’re looking for the best insurance coverage at the best rates in Edmonton. In that case, you’ll first want to understand the benefits of an insurance broker and how they can help protect you in all sorts of different situations – whether it be saving you money, time or giving you simple peace of mind.

What Are the Benefits of an Insurance Broker?

Here are some of the many benefits of an insurance broker.

 

1. Saves Time

An insurance broker does all the work for you, so you don’t have to spend your valuable time shopping around for insurance. Instead, you simply provide your broker with information about your needs, and they shop the markets on your behalf.

 

2. Saves Money

Insurance brokers work with many different partners to find the best deals on the insurance that works for you. They take all your needs into account and make recommendations that are in your best interest. They have relationships with many insurance partners and can negotiate competitive rates and discounts, saving you money in the long run.

3. Expert Knowledge and Advice

An insurance broker provides you with the support and expertise you need to find coverage that suits your needs. They work with various products and services to find the coverage that best suits you. In addition, they can draw from an extensive knowledge base and experience to advise you on the best options. 

Insurance Brokers provide expert and unbiased advice. A wealth of knowledge about coverage and market rates combined with expert risk assessment ensures your possessions and business are adequately protected. Whether you are looking into auto insurance rates, tenant insurance, or home insurance rates, your insurance broker can help you every step of the way.

You can utilize their expertise to quickly identify your options and rely on their unbiased advice to help you make the best-informed decision for your situation.

 

4. Working For Your Best Interests

Since insurance brokers do not work with one particular company, they have nothing to gain from recommending a specific product. The insurance company also pays them a standard commission. Thus, there is no financial incentive to choose one insurer over another.

Insurance brokers have your best interests in mind. You can count on them to find you the best rate possible, which can give you the peace of mind you need. You can rest assured knowing that if you ever need to file a claim, one of our brokers will be there by your side to guide you every step of the way. They act as an advisor on insurance-related matters. They will shop the market for the best coverage and rates for you. Since fulfilling your needs is their only priority, they will provide independent, unbiased advice on the right coverage for your situation.

5. Privileged access and rates

Insurance Brokers have access to a wide selection of the best insurance companies in the country. These insurance companies are only accessible by Insurance Brokers. They do not deal with the public directly or with Direct Writers. Brokers enjoy long-standing relationships with these insurance companies. Still, they do not have an affiliation with any specific insurer, enabling brokers to provide you with a broader range of options at competitive rates.

 

6. Transparency

Insurance brokers must give full disclosure about their compensation and its effect on your insurance premium.  They are also required to declare any financial links with specific companies that may be a conflict of interest, enabling you to make the best-informed decision.

 

7. Risk and Advocacy Experience

Extensive experience dealing with different clients and claim situations equips insurance brokers with a broader perspective on how to reduce your risk. Also, in the event of a claim, you can count on your broker to act as your advocate with the insurance company and handle your claim fairly and promptly.

Speak to MBS Insurance in Edmonton about your Coverage

Reach out to MBS Insurance today to determine your home, auto, and commercial coverage options. Over the past 45 years, our experienced team of insurance brokers in Edmonton has earned the trust and loyalty of our clients by delivering superior products and services. We understand your needs and provide you with the best protection and rates.

There are many benefits of an insurance broker. We can help you understand the intricacies of your insurance plan while saving you money at the same time. We are a trusted insurance provider in Edmonton and provide personal and commercial insurance policies to people living in Alberta. We offer the best rates on recreational, auto, property, commercial, and group insurance policies. 

Contact us online for a free quote or by phone at 780-436-7880.

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This article was originally published on October 7, 2016, and updated for 2021.