An insurance broker works for you, not the insurance carriers. Having an insurance broker is very beneficial to your firm. Burns Brokers will work toget your firm the best possible rate and policy form that best fits your needs. We shop around your insurance for you, so you can compare rates with many carriers year after year. We make it easy to compare the differences between each of the insurance carriers and can help you make the right decision for your firm. We know each of our insurance carriers and their policies well, enabling us to market your information to those that fit your firm’s area of practice at an equitable price.
Working with a broker is also very beneficial for a potential claims. We can help discuss what claims are covered in your policy before submitting it to the insurance carrier. We also have access to many carriers that have pre-claim hotlines to aid your firm if there is ever a potential claim. With this information we help you determine the best way to move forward. We will also ensure that your claim is submitted to the correct insurance carrier, as it is very rare it should be submitted to two insurance carriers.
We are here to help provide you with the knowledge and expertise in selecting and maintaining coverage. Professional liability insurance can be very confusing and having someone familiar with a claims made policy is very beneficial. The policy form reacts very differently in a claim situation than an occurrence based policy and we can help assist you in any transitions you may be going through. Whether through a merge or split with another firm, a name change, retirement or closing your doors, we can help ensure you have coverage throughout the process.
If you have a broker, you will have the added benefit of working with a knowledgeable broker who has your best interest in mind. Not all insurance companies work directly with clients, but if you have the opportunity to work with a broker, it is an added benefit to your firm.