06/04/2026
"We need three insurance bids."
It's one of the most common requests condominium and HOA boards make—but more insurance agents doesn't always mean more insurance options.
Because of a process called market blocking, multiple brokers often end up competing for access to the same insurance carriers. In many cases, this can actually limit the number of meaningful proposals available to your association.
The key is working with an experienced broker who can access a broad range of qualified insurance markets and help your board evaluate coverage, pricing, and risk appropriately.
Read our latest article to learn why more agents doesn't always mean more competition in the insurance marketplace.
Read the full article here: https://www.brigsllc.com/blog/why-more-insurance-agents-doesnt-mean-more-insurance-bids-for-condominiums-and-hoas