Insurance broker in Ottawa

Why to Use an Insurance Broker

Posted by on May 05, 2015 in Insurance Advice

Whether you’re looking to insure your home, your car, your business, or almost anything else you can think of, an insurance broker can help guide you and advocate for your best interests. Having said that, some people may be unclear about the difference between an insurance broker, like those you’ll find at Oegema, Nicholson & Associates, and a corporate insurance agent.

Broker and Insurance Agent – What’s the Difference?

The differentiation is actually quite simple. Brokers work for their customers to find the best options for them. They work with several insurance companies, but not for the insurance companies – they are independent, and essentially, shop around on behalf of their clients. They are paid a commission from the company they end up buying the insurance through — not you, the client — so there’s no extra incentive for them to favour one company over another, just incentive to find the best policy for their customers.

An insurance agent works for one particular insurance company, so they are not really there to work on behalf of their clients to find the best rates and options for their clients; instead, they’re working on behalf of their company to sell their company’s insurance.

Why to Use an Insurance Broker

Here are some reasons that many people prefer dealing with a broker to dealing with a specific insurance company.

Relationships & Trust. As brokers, we take the time to get to know our customers on a personal level, and make every effort to understand their unique, individual needs. You can always put your trust in a licensed insurance broker, and know that they have your best interests in mind with any recommendations they make.

Knowledge & Options. Insurance brokers are licensed professionals who have devoted years to learning their industry and have extensive education. They are there to guide you through the process of purchasing insurance, while providing advice and recommendations towards what best suits your needs.

They also have access to many insurers in Canada that do not sell directly to the public. Their unique combination of information and knowledge, familiarity, and connectedness allow them to be big assets for their clients.

It’s nice having someone on your side. Think of your insurance broker as your advocate. If the time comes to make a claim for you, they will do everything in their power, using their contacts and know-how, to get you your payment.

It’s easy and doesn’t cost you any extra. Because the insurance companies know that a broker has done their due diligence and is unlikely to under-insure a client (as individuals might be more likely to do for themselves), brokers are often offered lowered premiums on behalf of their client.

Your Trusted Insurance Broker in Ottawa & Eastern Ontario

Count on Oegema, Nicholson & Associates for your insurance needs in Ottawa and Eastern Ontario. Our many years of industry experience are built on a foundation of trust and relationships — both with our clients, and the insurance companies. That gives us an advantage when negotiating your insurance policy, ensuring you get the coverage that you deserve, and nothing less. Contact your local insurance broker for more information today.

Thanks for reading,

The ONA Team.

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Testimonials

"I know all my insurance needs are covered with Oegema, Nicholson & Associates. I have been a loyal client for the last 15 years, and I can count of them for my commercial insurance, employee benefits, as well as my personal insurance and finances. Jeff Richer always goes above and beyond to help me with my insurance needs."
O-Omkar Atwal, Owner, Leitrim Home Hardware
"It’s always a pleasure to deal with Oegema, Nicholson & Associates, and I can depend on them for all my insurance needs. I have been a client for several years and whether it’s regarding my personal insurance, or anything to do with our employee benefits or commercial needs, I know I’m taken care of."
R-Rhonda, Capital Dodge
"I would like to thank Carol for everything she has done for me and my family over the years. It is my honest belief that we would not be in the position we are in if it was not for her guidance, expertise and honesty. We can't begin to thank her enough."
T-Tim
"ONA helps me with my personal insurance and my business insurance . They are my one stop shop when it comes to insurance and group benefits. I know I’m covered in all areas. Great friendly service and knowledgeable staff!"
J-James Carriveau, President, Exact Interlock and Exact Properties
"One call to Oegema, Nicholson Associates is all it took. After our basement flooded, within a day or two they had a crew cleaning everything up, taking down the drywall and itemizing everything to be cleaned, thrown out or restored. They had everything in place for us in a timely manner and were extremely patient with me as they talked me through the process and waited for me to make decisions."
J-Jennifer Parks, Stittsville, Ontario
"I’ve been dealing with ONA for over 20 years with my personal insurance, as well as our commercial insurance, and I know I can rely on them for great customer service, and prompt responses. I feel confident not only referring them to my employees, but to our customers as well."
C-Charlene Brunet, President, Dan Murphy Ford
Oegema, Nicholson Financial Inc.
1453 WOODROFFE AVENUE
613-686-6338
Ottawa
1451 Woodroffe Avenue
Ottawa, Ontario K2G 1W1
Manotick
5526 Manotick Main Street P.O. Box 149
Ottawa, Ontario K2G 1W1
Almonte
154 Bridge Street P.O. Box 749
Almonte, Ontario K0A 1A0
Russell
243 Castor Street
Russell, Ontario K4R 1B8
Orleans
3-3809 St. Joseph Blvd.
Orleans, Ontario K4A 0Z8

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