Who owns Right Choice Insurance Brokers?

RCIB was launched by CEO Mike Joseph in 2008 and has grown year on year since and employs more than 350 people.

Do insurance brokers get kickbacks from insurance companies?

Insurance brokers represent consumers, not insurance companies, and therefore they can’t bind coverage on behalf of the insurer. An insurance broker makes money off commissions from selling insurance to individuals or businesses. Most commissions are between 2% and 8% of premiums, depending on state regulations.

What are the disadvantages of using an insurance broker?

Disadvantages: You may not need all of the additional coverage that the broker suggests. Keep in mind your goals of what/who you want to protect and talk to your agent about how best to acquire that coverage. You’re not working with one!

Who are RCIB underwritten by?

Listed below are our panel of insurance providers that we recommend, to help find what’s best for you.

Home. ABC Insurance. Ageas Insurance. Aviva Insurance.
Motor. ABC Insurance. Ageas Insurance. Aviva Insurance Ltd.
Van. Ageas. Aviva. AXA.
Bike. Aviva. Highway. KGM.
Motor Trade. Covea. Markerstudy/ Zenith Marque/ Chaucer. Policy Plan.

Who is RCIB UK?

Right Choice Insurance Brokers Ltd (RCIB) are a Essex/East London based broker of a wide range of Insurance products including Motor, Home, Bike, Van, Commercial, Taxi, Motor Trade, and more recently, Breakdown Insurance via our AutoAid, Autonational and Euro Rescue sub-brands.

What is the point of having an insurance broker?

A broker’s primary responsibility is to serve your insurance needs. They will ensure that you have the coverage you need at the best possible rate. They will work with you to answer your questions, make honest recommendations, be your advocate, and to always put your interests first.

What should I look for in an insurance broker?

Top 5 Tips to Choose the Best Insurance Broker

Ask for referrals and check references.
Determine the coverage you need.
Learn more about their specialized experience.
It’s more than the price, consider the overall fit.
Ask for personalized advice.

How do I cancel RCIB?

You can cancel this authority at any time by contacting us and letting us know that you would you like to withdraw your permission for money to be taken from your card. You also have the right to cancel the authority directly with your card issuer.

What is RCIB Co UK?