Car insurance brokers in Ohio act as middlemen between you and Ohio car insurance broker of the insurance companies. They basically negotiate for car insurance policies on your behalf to get the best deals or secure more desirable terms on an existing policy. They have the knowledge and the experience in the car insurance industry to enable them to find the best policy that will suit your needs.
However, you still have to give considerable thought on the advices that your car insurance brokers gives you. You should not follow it blindly because some insurance brokers are capable of doing bad practices either out of lack of knowledge, self-interest or outright malice.
One of these perils is when they make suggestions for unnecessary and expensive car insurance options. They may try you to purchase more car insurance and its additional options, or they may attempt to make you buy the insurance policy with expensive premiums. This can be due to the fact that some insurance brokers earn on a commission basis and thus have the compelling need to force you to buy more or expensive insurance.
Another danger to anticipate is when car insurance brokers, to their advantage, are withholding information about the details of your insurance policy, preventing you from making a sound judgment. For example, they will not inform you of the hidden charges that the policy has. Another example is when they won’t inform you that the cheap premiums are only applicable in the first few months and will increase thereafter. Others will lie intentionally, while some will just try to mention it in passing but will not emphasize the real implications.
Probably the worst-case scenario is when the broker and the insurance company are performing a scam. This is totally risky because when you try to make a claim against your insurance policy, you’ll discover that the company and the broker are nowhere to be found.
To make sure you are in good hands, ask your car insurance broker to show his license and confirm it through your state’s commissioner office for insurance. Also, know your broker’s credentials. It is better safe than sorry.