Perhaps the question is presented incorrectly – and should read – “How much is your car insurance broker getting”. The answer should be no secret – and you SHOULD be told what this amount is! The Financial Services legislation in South Africa requires that a broker disclose to the client the broker commission and this should be displayed clearly on your car insurance quote/ policy.

Why are we asking this question?

This blog post is not any attack or criticism of short term and car insurance brokers. I am at present insured through a broker at a prominent Insurance Company – and I will admit to being satisfied with my short term insurance portfolio, policy and premium.

I have written a blog post titled Are insurers making it difficult to compare car insurance quotes? and made re

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