Brokers fees becoming more common?

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marty202
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Joined: Tue Jun 16, 2009 12:51 pm

Brokers fees becoming more common?

Post by marty202 »

Odd question here: Are broker fees more common in some states than others? We were just referred a business whose owners live in the northwest, but have property in Alaska. The policy was with a standard carrier, and around 3k in premium - not huge. The insured said they got a notice about a broker fee in the mail. Is the current agent trying to chase them off? Are broker fees common in Alaska(where current agent is)?

This was a very run of the mill policy, so there was no apparent reason to add the fee.
FFA
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Re: Brokers fees becoming more common?

Post by FFA »

He is either trying to run them off or squeeze more money from them. Look at how excessive the Broker Fees are and that should tell you.
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