How Much Coverage
Much insurance e.g. auto and mortgage coverage is mandatory. There is however considerable variance in the amount of protection you choose to buy. Determining the right amount of coverage for a particular person is one of the things that a broker is trained to help with.
A broker’s experience and professionalism will help you strike the right balance between acceptable risk and the premium you’ll have to pay. You don’t want to overpay for coverage you’re not likely need, but neither do you want to be exposed to unnecessary loss in the event of a claim.
A broker will advise you how to identify the risks you want to be covered for and then shop on your behalf to find the insurance company that offers the best value for your particular needs.