Myths about using an Insurance Broker like Barrington Insurance
 5  MYTHS Insurance Broker Barrington Insurance
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5 MYTHS ABOUT USING AN INSURANCE BROKER

Myth #1: You can do a better job organizing your own insurance.
Insurance is a legal contract and like any other legal contract, it could cost you millions without an expert helping you

Myth #2: You have to pay for the services of an insurance broker.
Whilst some brokers will charge clients a fee for arranging an insurance policy, insurance brokers are traditionally remunerated by insurance companies.

Myth#3:Premiums are lower when commissions don't have to be paid to the brokers.
Direct insurers spend large sums on expensive advertising campaigns, eliminating any possible savings. Fortunately we deal with many different insurance companies and we know the best fit with the most benefits and least premiums for your situation. 

Myth #4:Brokers are independent and can do anything they like without reporting to anybody.
The FAIS Act makes brokers fully accountable for their actions and the FAIS Ombud is there to ensure this happens giving you complete peace of mind.

Myth #5:If a broker messes up you have no protection against that.
Apart from the protection afforded by the FAIS Act, brokers are required to be insured against making professional errors and the insuring public is within its right to make this enquiry of a broker.
                                                                

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