Since the year 2000, there has been a real sea change in the UK as far as consumer rights are concerned. Gone are the days when you had to take whatever was offered, when you looked for a commercial insurance quote.
Nowadays though, you have so much choice that if you have the time, you can get an endless amount of quotes and indications from as many providers as you want. There is of course, a small difficulty with this. The problem you will face is not that you do not have enough choice but that there is too much.
Whilst we always bemoan the fact that there is not enough choice, no-one wants to have too much. If you eat out regularly in different restaurants, you will, at some point, have sat down with a menu and wished there was less on the list.
As more and more people get broadband and internet access on their smartphones there are an increasing number of websites that offer financial services. In the UK there are approximately 2,000 independent business insurance broking companies. We estimate that 80% of these have some form of web presence. Many of these firms have more than one office, so you have more than the 2,000 to choose from.
This makes things easier for you when searching for that elusive quote. When you have an independent broker, with access to a number of insurers who are desperate for your business, why would you search for your quote direct from an insurer? They can only offer you one product. A broker can offer you dozens of products. This saves you having to make the choices yourself, they will recommend what they feel is best for you. If, in the rare event, they get it wrong you have a huge amount of regulation in your favour to pursue a claim against them for mis-selling.