Insurance consultant
My co-op wants to reconsider its insurance policies, and we are wondering if there are insurance consultants out there. I.e, someone who will give objective advice (for a fee) but not try to sell us insurance. Ideas?
My co-op wants to reconsider its insurance policies, and we are wondering if there are insurance consultants out there. I.e, someone who will give objective advice (for a fee) but not try to sell us insurance. Ideas?
Thanks for those responses. We have no agent; it’s a small place. And brokers are what we want to avoid. Thanks to guest2 for the Cooperator column, which helps. Other suggestions????
Beware… managing agents can be a very bad ideas as most get a kick back for a recommendation. Contact a broker yourself. Check out Habitat magazine or Cooperator (http://cooperator.com/articles/1482/1/Reducing-Liability-in-a-Co-op-or-Condo/Page1.html) for articles and maybe call them and ask for a list of brokers. Do your due diligence. It will pay you in the long run.
What aboutyour managing agent? It is their job to find providers and get quotes for you.
They are called “Insurance Brokers.” They earn their living through commissions paid by the insurance carriers. Marsh McLennan is a big one, so is Aon, there are smaller ones out there.
Give one of these guys a shouut!