Statement of Broker Services and Compensation

Thank you for your business. As your Independent Insurance Broker, our role is to provide you with the best insurance products that combine coverage, service and price. We provide you with personalized service, expert insurance advice, ongoing policy maintenance and act as an advocate when any issues arise regarding your insurance coverage.

Brokerage compensation is part of your insurance premium. For your reference, we have outlined the insurance providers we represent and the range of compensation each provides as a percentage of the premium that appears on your invoice. In order for us to maintain strong relationships with quality insurers we work with insurers to provide the type of business they desire.

The insurers noted below with an asterisk recognize our efforts through a Contingent Commission contract. Payment of this Contingent Commission is dependent on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of the insurer. It is based on our entire portfolio of business with that insurer and not on individual policies. Contingent Commission is not guaranteed.

For detailed information on Contingent Commission, please refer to the individual insurer’s website. Should there be an increase in the compensation provided by your insurance provider, we will notify you. Your insurance provider will be providing you with a Consumer Code of Rights & Responsibilities, along with your new business policy. If you have any questions regarding this, or any other aspect of your insurance, please feel free to contact us.

Insurance Company Name Commission Range
Aviva Insurance Company of Canada* 7.5%-27.5%
Chubb Insurance Company 10%-20%
Dominion of Canada* 12.5%-27.5%
Echelon Insurance Company* 7.5%-27.5%
Economical Insurance Group* 5%-25%
Edge Mutual Insurance* 12.5%-20%
Gore Mutual Insurance Company* 12.5%-20%
Halwell Mutual Insurance * 12.5%-20%
Nordique (Facility) 7.5%-11%
Unica Insurance* 12.5%-20%
Wawanesa Mutual* 10%-20%

Special note: Advocate Insurance Group Inc. currently has a loan guaranteed by Gore Mutual Insurance that was used to expand our business. This relationship does not factor into our decisions in offering you the best protection available. We still provide expert, independent insurance advice that our clients have come to expect.