Claims Against Insurance Brokers
If you need insurance for your home, your car or for any other purpose, you might use the services of an insurance broker to find the policy that is best for you and that provides the right level of cover at the right price.
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When dealing with an insurance broker to purchase insurance, it would be reasonable to expect that they would provide appropriate advice to help you to get the insurance policy that best meets your needs. However, this isn’t always the case. If you believe you’ve been on the receiving end of professional negligence when purchasing an insurance policy, our solicitors can give you advice about making claims against insurance brokers for professional negligence compensation.
Insurance brokers in the United Kingdom have been regulated by the Financial Services Authority since January 2005. Generally speaking, insurance brokers provide insurance policies for property, such as your home, your car, or individual valuable items you might own. Nowadays insurance policies can be bought over the phone or online, which places extra obligations on the insurance brokers to make sure that the advice they are giving and the policies they are selling meet the needs of their clients, many of whom will not make an appointment to meet with an insurance broker in person. This can lead to the kinds of seriously negligent errors that ultimately result in claims against insurance brokers.
Professional negligence can leave you facing a substantial financial cost, especially in the case of insurance brokers where negligent behaviour could result in someone being asked to pay for an insurance policy they cannot afford, or one that does not provide the kind of cover they require. For advice on claims against insurance brokers, speak to the professional negligence solicitors here at Canter Levin & Berg. Our professional negligence legal team have a wealth of experience when it comes to making claims on behalf of people who have fallen victim to negligence in a variety of professions, including amongst insurance brokers.
Insurance Broker Negligence
In the right circumstances, professional insurance advice from an insurance broker can be valuable in helping you to choose an insurance policy that meets your needs, whether that’s travel insurance, cover for your car or motorbike or insurance for the home. However, sometimes an insurance broker fails to meet the kinds of professional standards that you would reasonably expect them to meet and errors are made. This might include advising someone to take out an insurance policy that doesn’t provide the cover they actually require, or it might be the case that an insurance broker makes errors when purchasing the policy for their client such that the policy is void. Insurance broker negligence can leave their clients (you) in a very bad financial situation.
Pursuing a claim for professional negligence against an insurance broker requires you to prove that the insurance broker has been negligent when advising you about an insurance policy or at some stage during the purchase of insurance. In order for a professional negligence claim for insurance broker negligence to be successful, you must prove that the behaviour of the insurance broker has been more than merely inadequate. You and your professional negligence solicitors have to show how the advice and service received fell well below what you could have reasonably expected and that that poor advice or poor service caused you to suffer a financial loss. If you can satisfy the court that this is the case then your claim for insurance broker negligence will be a success.
Insurance Broker Professional Negligence Compensation
If you have suffered a financial loss as a result of a negligent act by an insurance broker then Canter Levin and Berg Solicitors could be in a position to help you. We can provide advice and assistance if you are looking to make an insurance broker professional negligence compensation claim. Using their extensive expertise representing people who have suffered from the professional negligence of a wide variety of professions, our team of specialist professional negligence solicitors will be able to discuss the circumstances that have led you to consider making an insurance broker professional negligence claim with you in complete confidence.
Our solicitors are here to provide you with guidance on the legal liability of your insurance broker as well as causation and loss. They can also discuss the options available to you to fund any insurance broker professional negligence compensation claim you are looking to make so that you are not left out of pocket at the end of your claim. This can include funding your professional negligence claim under a no-win no-fee agreement. For more information on insurance broker professional negligence compensation claims and all other areas of professional negligence that we deal with, fill in the form on this website or contact Sean Carty, one of our professional negligence solicitors, direct on 0151 239 1138.