Insurance Broker in Limerick

Widescreen

Hi folks,

I need to insure my house/contents. Can anyone recommend a good broker in Limerick to source a competitive quote?

thanks

elmolesto

Try O'Malley Griffin on lower Mallow street, I find them very good and usually very competitive price wise.

bigpink

Would an insurance broker give a better price on car insurance?

phog

I used to use a broker but I discovered he only dealt with a few insurance companies, I felt I wasn't getting the best quotes and luckily the internet age arrived, I started doing my own searches for quotations and I''m wiling to move to where ever I get the best deal/package.

bazz26

There are plenty of insurance brokers listed in the goldenpages.ie

Cookiemunster

phog wrote: »

I used to use a broker but I discovered he only dealt with a few insurance companies, I felt I wasn't getting the best quotes and luckily the internet age arrived, I started doing my own searches for quotations and I''m wiling to move to where ever I get the best deal/package.

The other issue with brokers is that they add their own comission to the quoted price. I've been insuring both my house and car online for the last 3-4 years.

Henry Ford III

Cookiemunster wrote: »

The other issue with brokers is that they add their own comission to the quoted price. I've been insuring both my house and car online for the last 3-4 years.

No they don't.

They get paid commission on the premium, and may add a brokerage fee.

All things are negotiable too.

Cookiemunster

Henry Ford III wrote: »

No they don't.

They get paid commission on the premium, and may add a brokerage fee.

All things are negotiable too.

What's the difference between commission and a brokerage fee? It's still an extra charge above the cost of the insurance.

relaxed

Cookiemunster wrote: »

What's the difference between commission and a brokerage fee? It's still an extra charge above the cost of the insurance.

I sell things to the public for say €300, I also sell the same product to traders for say €240.

Sometimes the traders undercut me and might sell for under €300.

The point being the broker may be in a position to undercut the insurance company.

I bought an insurance product through a broker once where he charged me less than I would have paid online.

There is no guarantee that a broker will end up costing you more.

Wilbert13

bigpink wrote: »

Would an insurance broker give a better price on car insurance?

Possibly but usually online is cheaper. Brokers have access to some companies that do not deal directly with the public so certain risks may be cheaper with brokers.

Wilbert13

Cookiemunster wrote: »

What's the difference between commission and a brokerage fee? It's still an extra charge above the cost of the insurance.

Broker's commission is included in the premium so not an extra charge. Brokerage fee if applicable should be agreed between broker and client prior to cover being placed.

Your main advantage with a broker is in the event that you would have a claim. There is approx. a 20% difference between a payment for a claim made directly and through a broker for the same loss.

Henry Ford III

Cookiemunster wrote: »

What's the difference between commission and a brokerage fee? It's still an extra charge above the cost of the insurance.

Commission is a % of the premium, and a fee may be chargeable on top of the premium.

You said they charge commission on top of the premium, which is incorrect.

CoDy1

Try:

www.sullivaninsurances.ie/

Cookiemunster

Henry Ford III wrote: »

Commission is a % of the premium, and a fee may be chargeable on top of the premium.

You said they charge commission on top of the premium, which is incorrect.

Surely if you don't go through a broker you don't pay the brokers commission therefore your premium is cheaper.
Anyways my point to the OP was that in my experience spending an hour getting quotes online will get you cheaper insurance than going through a broker. Cutting out the middle man is always cheaper.

relaxed

Cookiemunster wrote: »

Surely if you don't go through a broker you don't pay the brokers commission therefore your premium is cheaper.
Anyways my point to the OP was that in my experience spending an hour getting quotes online will get you cheaper insurance than going through a broker. Cutting out the middle man is always cheaper.

Not always, as I said above the middleman can offer my product for less than I will sell to the public for.

I've also bought insurance products cheaper through brokers before.

Henry Ford III

Cookiemunster wrote: »

Surely if you don't go through a broker you don't pay the brokers commission therefore your premium is cheaper.
Anyways my point to the OP was that in my experience spending an hour getting quotes online will get you cheaper insurance than going through a broker. Cutting out the middle man is always cheaper.

Not necessarily.

If you think you can do better than using a broker in an hour then best of luck to you, but I wouldn't like to be dealing with an anonymous call centre if you've a significant claim.

Wilbert13

Insurance companies love dealing directly with the public for claims because they can get away with a bit of spiel and knock down the settlement.

Also, cover can vary significantly between online policies and policies taken out directly with an insurance company/through a broker.

bigpink

The reason I was wondering with the huge increase in online insurance,that the brokers may have fought back in the last few years

Widescreen

As far as house insurance goes I think you should always go where you will get good cover and good,accessible customer service. At the end of the day the household insurance is to ensure a household catastrophe does not clean you out not a legal requirement like car insurance.I will probably go with the broker.

Beaver1

go to getcover.ie, they are brilliant and the cheapest for house insurance, Brittian insurance is cheapest for car. , stay away from brokers and do the leg work yourself it will save you a load of money,

Mc Love

Goggins Insurance brokers in NCW are very good and extremely nice to deal with

xxlauraxxox

my dad uses Cullen in Newport is brill for all insurance needs

Henry Ford III

Beaver1 wrote: »

go to getcover.ie, they are brilliant and the cheapest for house insurance, Brittian insurance is cheapest for car. , stay away from brokers and do the leg work yourself it will save you a load of money,

Poor advice and it can't be justified either I reckon.

Beaver1

Henry Ford III wrote: »

Poor advice and it can't be justified either I reckon.

explain, how is it poor advice, its from my personal experience, getcover.ie, is the cheapest around for house insurance and do you think brokers are working for nothing, prove me wrong and come back with your smart comments,

Henry Ford III

Beaver1 wrote: »

explain, how is it poor advice, its from my personal experience, getcover.ie, is the cheapest around for house insurance and do you think brokers are working for nothing, prove me wrong and come back with your smart comments,

Getcover and other direct writers don't work for nothing either. Good brokers can and do compete on price. Your motor broker is a good example.

My motor cover is with a broker too and I've just checked with getcover and others and guess what? I've better cover for less.

Whilst you got a cheaper quote with a direct writer, I got the opposite, so it's incorrect to say that going direct is always cheapest.

p.s. There's nothing "smart" in any of my comments here. Merely pointing out a few relevant things.

unnameduser

A good broker should be able to get you a great rate but more importantly offer advice on the right level of insurance.

In the event of a claim a broker can act on your behalf.

I recommend ODonovan insurances in Killaloe. Sheamus is a top notch guy and won't see you wrong.

Best of luck.

dnm1234

+1 for Sheamus O'Donovan. I have been dealing with them for donkeys and have always gotten great advice on small print issues. In the event of a recent claim they fought my corner to get a more that satisfactory resolution. That extra service will never be forgotten and would haven't been received from direct insurers....

Beaver1

Henry Ford III wrote: »

Getcover and other direct writers don't work for nothing either. Good brokers can and do compete on price. Your motor broker is a good example.

My motor cover is with a broker too and I've just checked with getcover and others and guess what? I've better cover for less.

Whilst you got a cheaper quote with a direct writer, I got the opposite, so it's incorrect to say that going direct is always cheapest.

p.s. There's nothing "smart" in any of my comments here. Merely pointing out a few relevant things.

you sound like a broker, put up both quotes and let people make up their own minds. at the moment everything you say is just hearsay, I got 160,000k house insurance and 16k contents for €204.07 and its as good as any other policy and better than most for terms and conditions from getcover.

Henry Ford III

Without the full details those figures are meaningless.

What I'm saying isn't hearsay, it's my opinion.

I'll think i'll leave it at that though as my point is made.

Henry Ford III

Beaver1 wrote: »

go to getcover.ie, they are brilliant and the cheapest for house insurance, Brittian insurance is cheapest for car. , stay away from brokers and do the leg work yourself it will save you a load of money,

But Britton Ins. are brokers!