Bunnell Hitchon Insurance Brokers Inc.
 

Our Broker Compensation

Our role is to provide you with the best Insurance value that combines coverage, service and price. We also provide personalized, quality service that includes professional Insurance advice, ongoing policy maintenance and claims support. When any issue arises regarding your Insurance coverage, we are your advocates, using our professional experience to best represent your individual interest.

Broker compensation is part of your Insurance premium. For your benefit, we have listed below Automobile Insurers that we represent, have included the range of compensation each provides as a percentage included in your overall premium.

Brant Mutual * 7.5% - 12.5% Jevco 5.0% - 12.5%
Economical Mutual * 7.5% - 12.5% Markel Insurance 5.0% - 12.5%
Facility/Nordic **   Pembridge/Pafco 7.5% - 12.5%
Intact * 7.5% - 12.5% Aviva * 7.5% - 17.5%
Lombard 7.0% - 20% Halwell Mutual 7.5% - 12.5%
Sovereign 7.5% - 12.5%
**- Commission is capped at $310.

Homeowner policies commission in most cases is 20%

This commission percentage is paid annually for both new policies and renewals.
  • In order for us to maintain strong relationships with quality Insurers, we work with each to provide the type of business they desire. The Insurers with an asterisk noted above recognize our efforts through a Contingent (Profit) Commission Contract. Payment of this Contingent (Profit) Commission may depend on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of the Insurer. Contingent (Profit) Commission is not guaranteed.
  • For detailed information on Contingent Commission, please go to the individual Insurance companies websites.
If you have any questions regarding this or any other aspect of your Insurance, please feel free to contact us.

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