I was so pleased when Justin Rookyard agreed to join me for a chat to talk about the benefits of using an Insurance broker.
Whilst Justin’s company specialize in Landlords insurance, they do offer most insurance, including business insurance (except for car insurance).
He tells me that there are definitely benefits to using an insurance broker.
Benefits of using an insurance broker (as I see it)
An insurance broker finds out what you need and then shops around to find that for you.
An insurance broker is not usually more expensive.
You’ve got someone in your corner if things do go wrong and you need to make a claim.
Small independent companies like JPR Insurance brokers
I absolutely love to support small, independent companies like JPR Insurance Brokers and as Justin pointed out in the show, they are becoming a dying breed. We all need to support these kinds of businesses.
Justin explained that what he can offer is personal attention. You deal with the same person. And I know from experience how annoying it is and time-consuming when you speak to a different person each time you call.
I think we all want someone who will really try to understand our needs and having someone to get on the phone with and talk about what we need from an insurance broker is priceless.
Cheapest is not always best
In our conversation, we also discussed the dangers of seeking out the cheapest options when it comes to insurance. I definitely agree that the cheapest is not always the best.
Of course, none of us want to pay more than necessary for insurance. And Justin talked about how he and his partner in the business can spend the time finding the best cover and also aim to get the price down without compromising on that cover.
We all work hard to build our business, so it’s a no-brainer for me to make sure that the insurance cover we purchase is right for us and having someone to discuss that with and offer advice is a must (in my opinion).
And as Justin pointed out, a conversation is free. And a good insurance broker can offer you valuable advice.
To contact Justin
Visit the website JPR Insurance Brokers
And if you have questions, as Justin said – A conversation costs nothing.
I’d love you to share your thoughts on this topic and join in the conversation. Do you tend to use an insurance broker?
Wendy
Please Pin and Share – Thanks
Yes 🙂
Can still hear you
Now that’s what happened to me yesteday poof
Back
Yes
Yes
can hear and see both
wooo hooo
I disabled it
Make Justin a host first
Ha ha 🙂
Good morning Justin
YAY
They do struggle at times with internet where they are
Ah where r u , he’s hiding lol
me neither
Is there an advantage to Blam that Im not seeing when theres google hangouts available which is stable and does essentially the same thing ?
blam = blab 🙂
Never used hangouts mike
so cannot compare
If your interenet is slow neither will work!
Skype or Zoom
let me phone him
Good morning all 🙂
I would love to hear the different insurance Justin does as I did think it was just landlord stuff x gavin in the background
Morning Steve
Ellos Steve
brilliant i also did presume that x
i always use brokers
Insurance is all about protecting the things that matter to you. It’s a good way to think about it
Laura here. Spent 20 years in the Financial Services sector. Brokers aren’t necessarily more expensive, but people like Justin make sure you have the right thing for you.
I agree cheap is not always best!
Thanks for joining @Moe64Dude !
I know that we always offered our brokers the best deals rather than direct, as its a better risk to an insurer if we know they have came through a broker. The insurer knows its a more informed choice
Where does the brokers revenue come from – the client or the underwriter ?
The revenue comes from the insurer Mike
thats what I presumed – a sort of commission payment ?
I had a look on your facebook page Justin and do not see much , do you have a website x
His website is coming soon
super
Yes, the insurer selects brokers and offers a managed commission basis so the client isnt affected
Gavin Justin needs to put something up on his facebook page what he does numbers to call etc x
You are a number to a big company. I know the time at christmas. Justin and his business partner actually cancelled christmas to look after the client
I can see myself!
now thats good i had a nightmare a water leak and eneded up wooden floor was covered by buildings and the carpets were contents i reckon i lost out on this x
@JPRInsurance we cant see you, you need to refresh jus
says audio only justin here you have vanished x
Gavin your a star i need to plug your brother you even sound similar lol
https://www.ukbusinesscircle.co.uk/listing/jpr-insuarnce-brokers-2/
Most big insurers have specialist teams where brokers have direct access to the right people. To the insurer the broker is King so they have access direct customers dont
@TitchTheGreat Titch! Long time no see on blab 🙂
its still your name on the bottom of the paperwork
@SciFiFunk How are you doing? I have been traveling and speaking. I don’t get much time to blab
using a broker doesnt do away with the need to read a contract though
Mike
@MRileyPhoto exactly Mike the client has a job too
thats right , as if i used Justin , he may of been easeier as my best quote i have had to put i am a housewife as a self employed sole trader selling downloadable eBooks, maybe an author some take some it some do not when online
can you be insured against slander ?
slander? Mike
Thanks for joining @paulie_pc !
I can imagine
wow wouldnt of thought that
(that it doesnt come cheap, I guess by the same token you can insure anything if you have deep enough pockets)
Wendy mentioned being protected against inadvertently liable due to her blog
I think so many are not honest about what somebody really need, they worry about asking the question, what do i need, as they could be left open
love you wendy
@Readytogoart exactly Netty
Justin is really honest but lots are not, they spoil it for oters like jpr
Lots of industrys have set prices or packages, people rely on brokers and certain industries to come back with a honest quote
strting to spread the love justin on the internet JPR woop woop
@Readytogoart your our #superstar netty
Thanks for joining @Rigelconsul23 !
@JPRInsurance
cheers guys
https://www.ukbusinesscircle.co.uk/listing/jpr-insuarnce-brokers-2/
http://www.morningbusinesschat.com
Thanks Justin
Thanks again have a good day everyone x
Have to be replay for me tomorrow 🙁
cu netty and thanks again!
Cheers mike
bue
ttfn