Brokers fees becoming more common?
Posted: Fri Oct 29, 2010 1:50 pm
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.
This was a very run of the mill policy, so there was no apparent reason to add the fee.