What is one of the primary roles of a broker during the insurance renewal process?

One of the primary roles of a broker during the insurance renewal process is to assist clients in reviewing and renewing coverage. This involves a comprehensive assessment of the client's current insurance policy to determine whether it aligns with their ongoing needs and circumstances. The broker ensures that the client understands any changes to their coverage or premiums, provides advice on necessary adjustments, and highlights any potential gaps in coverage that might need to be addressed. This personalized assistance is crucial, as clients may not be fully aware of the details of their policy or the implications of any changes that may have occurred since their last renewal. The broker acts as a trusted advisor, consolidating the details into a clear overview that facilitates informed decision-making for the client as they move forward with their insurance needs.