Broker Service

Visitors Insurance - Broker Advantages

Visitors Insurance - Broker Advantages

When people are looking to buy visitors insurance, they often wonder whether they should purchase it from an agent, a broker, or directly from the insurance company.

Where should I buy the visitors insurance from?

You should always consider purchasing visitors insurance from a reputed broker such as Insubuy .

Why purchase from Insubuy®?

If I buy from a broker, will they charge more money?

No. Brokers can't charge any more (or any less) money as the prices are regulated by law and everyone has to pay the same price for the same insurance.

If you are selling the same insurance for the same price as the insurance company, how do you make money?

Brokers are paid commissions by the insurance company.

Can I ask the insurance company to pay the commission to me if I buy directly from them?

No. Insurance companies are allowed to pay the commission to only licensed insurance agents/brokers.

Can I ask the insurance company to reduce the price of the insurance by the amount of your commission?

That is the same thing as discounting the insurance and the insurance companies are legally prohibited from doing so.

Can you pay us some money out of the commission you get?

No. We are legally prohibited from doing so.

But why can't I get any lower price anywhere, in terms of any discount or rebate?

Because it is in your best interest to concentrate on the benefits of the insurance and the service you get. Since you don't have to shop around for price, you can focus on benefits and the service, which are the most important aspect of getting an insurance. That is why the U.S. government has made strict rules against any kind of discount or rebate. The price you pay should not depend upon your bargaining skills. You can be assured that you are not paying a single penny higher than anyone else for exactly the same insurance.

If the plan pays you the commission, does that mean you work for them?

Brokers work for the customers, you. Brokers represent multiple companies and typically are in a position to suggest you the most suitable plan for your needs. Brokers don't work for just one company.

On the other hand, agents work for just one insurance company and mostly in the best interest of the insurance company, as opposed to you as the customer. They are close to being an employee of the insurance company, but their compensation agreement is typically a little different. If a specific insurance plan from the company they represent is not suitable to you, they typically may not have other choices. Therefore, you are left to contact multiple companies/agents yourself and decide what works best for you. On the other hand, a broker that represents multiple companies can recommend what works best for you. Why not let the broker work for you for free?

You are saying that a broker works for the customer but gets paid from the insurance company. How is that?

A broker works for you but someone else has to pay them for that. As a customer, isn't that wonderful for you? What do you really have to lose?

I am convinced that I should purchase the insurance from a broker. But there are many brokers who sell the same thing. How do I decide which broker to work with?

Please read the Why purchase from Insubuy®? article below:

Did you know?

Prices are regulated by law.

You cannot find a lower price anywhere for the same product.

Learn More

Why buy insurance from Insubuy?

Same Price. Better Service.®

There are many advantages in purchasing from Insubuy and no disadvantages.

Learn More

Visiting USA?

Healthcare costs are very high in the U.S.

Buy U.S. based visitors insurance and enjoy your trip.

Learn More

Traveling abroad?

Did you know that your insurance may not cover you abroad or that it may only provide limited coverage?

Purchase travel medical insurance that includes emergency medical evacuation.

Learn More

New immigrant to USA?

You are not eligible to enroll in Medicare for the first 5 years.

Purchase new immigrant medical insurance to bridge the gap.

Learn More

Going on a vacation?

You could lose your non-refundable trip costs if you had to cancel your trip.

Buy a trip cancellation insurance package plan and be worry-free.

Learn More

Are you an exchange visitor to USA?

The U.S. Department of State requires all J visa holders to purchase compliant insurance.

Buy J visa medical insurance to meet your requirements.

Learn More

Traveling to Europe?

Schengen countries require most non-US citizens to purchase Schengen visa insurance.

Make an instant purchase online and get instant visa letter.

Learn More

Traveling frequently throughout the year?

You don't need to purchase travel insurance for every trip.

Purchase annual multi trip travel insurance for your travels.

Learn More

International student in the U.S.?

Most schools require international students to purchase health insurance.

Purchase international student health insurance that meets most school requirements.

Learn More