Should I go with an insurance broker or an underwriter?
An insurance broker is a person who only mediates between you and the underwriter; that is the insuring company or organization. With a broker, it is easy to discuss what options are available for your motorcycle. Whereas when you approach an underwriter, the company will obviously trumpet its own insurance policies as the best!
With an insurance broker, you can rest assured that he/she represents your interests first and foremost. What works in your favor is that the broker will have dealt with a variety of insurance underwriters and can direct you to the ones that will meet all your Motorcycle Insurance needs.
Another thing you ought to be aware of is that most companies are actually brokers that represent several organisations and will distribute your requirements to several insurance underwriters to get the best quote available. They will also avail themselves a percentage of the subsequent transaction. As a buyer you must not have any problem with this provided the broker keeps you informed about any such arrangements.
All said and done, an insurance broker is a wise choice since you are able to talk about different companies and compare options.
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