In recent years, there has been a growing trend for clients, both personal and business, to use the services of price comparison websites in order to obtain quotations for their insurances. Many of these websites are now well established by virtue of huge exposure in advertising campaigns on television, the radio and on the Internet.
In truth, extremely successful in capturing a significant share of the United Kingdom insurance market over the last few years and have helped bring around a culture change in the way in which British people purchase insurance.
A common myth about price comparison websites is that the consumer benefits from “cutting out the middleman” by virtue of the fact that there is no broker earning commissions. This of course is incorrect as price comparison websites and aggregators enjoy generous commission arrangements and fee structures from insurers and providers.
In contrast to many of these providers, professional insurance broker is ideally placed to not only provide highly competitive premiums from a range of insurers, but also to offer you advice and assistance in the arrangement of your insurance and in handling any problems that may occur mid-term or any claims.
Blackfriars Insurers Brokers is a well-established firm of full-time professional insurance intermediaries and offers both highly competitive price comparisons and also a full commercial and personal insurance broking service backed by a team of trained insurance professionals.