Hamilton Explorer

All about Hamilton, New Zealand

Man filling in car insurance form at table

Most insurance policies in New Zealand are cookie-cutter and are most likely not going to give you complete coverage. With unique risks facing each person and business, a customized policy is necessary to address all your needs. The issue here is that it takes time, skill, and experience to customize a policy. Most people do not have those, which is why a local insurance broker based in Hamilton or the city you live in, can be a tremendous asset.

Choosing an Insurance Broker

Once you are clear on what you are looking for in an insurance policy, it’s time to pick an insurance broker.

The first thing you will want to look over is their credentials and qualifications. You want to make sure they are experienced, committed, and professional. There are courses and exams offered by the Australian and New Zealand Institute of Insurance and Finance which, when taken and passed, provide certifications to insurance brokers. Professional qualifications indicate an insurance broker will be professional and act ethically.

Another step you can take is contacting a reputable insurance agency and asking them who they would recommend in your particular situation. Inquire with them about who is the most knowledgeable in the field you want insurance in.

Since asking an insurance agency for who is the best insurance broker for you limits you to brokers within that specific agency, you could also ask for referrals from people in your network. You can receive first-hand information about how an insurance broker works and learn about the quality of their service. However, keep in mind that price alone is not a good determinant of the best insurance broker.

Once you have taken the steps above, you should have a face-to-face meeting with every candidate on your list to be your broker. This allows you to go over the policies you are interested in. By meeting with several insurance brokers, you can compare them and discover the best insurance broker for you.

Wrapping Up

One-size-fits-all insurance policies are not ideal for everyone. You may need a customized insurance policy that only an insurance broker could help you craft. By following the steps mentioned earlier, you ensure that you work with the best insurance broker for your specific needs.