6 Disadvantages Of Insurance Brokers

1. Pressure – Some individuals do not want to deal with brokers because of the sales pressure and tactics that could be employed. 2. In many cases, such agents recommend goods or services to the customers which fetch them higher margin. 3. By using the services of an insurance broker you may be charged an additional broker fee on top of the premium. 4. Limited Selection: Some insurance brokers do not cultivate relationships with a wide range of insurers. These brokers choose to work with just one or two insurers.