Motor Insurance Brokers

It used to be the case that motor insurance brokers existed in high street branches, not any more, many brokers now trade online and also operate call centre operations. Unlike direct insurers or intemediaries a typcial motor insurance broker will normally act independently on behalf of the consumer and deal with a panel of insurance companies and Lloyds syndicates to secure the most appropriate policy. In some cases, brokers can operate as tied agents.

In addition to their expertise and professional knowledge during the buying process, motor insurance brokers can also assist if any changes need to be made to the policy in addition to claims advice. Many brokers now belong to the British Insurance Brokers Association or BIBA. The BIBA website offers a useful search facility allowing consumers to find their nearest registered BIBA motor insurance broker.