Our Broker Compensation

Thank your for your business.  As your Independent Insurance Broker, we purchase insurance products and services on your behalf, which are available, affordable and understandable.

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 advocate, using our professional experience to best represent your individual interest.

Brokerage compensation is part of your insurance premium.  For your benefit, we have listed below Property and Commercial Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium.

This commission percentage is paid annually for both new business 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 (Profit) Commission, please go to the individual company’s website.

Your insurer will be providing you with a Consumer Code of Rights and Responsibilities, which will be forwarded to you with your new business policy.  If you have any questions regarding this or any other aspect of your insurance, please contact us.  

Single/Exclusive Market Disclosure: Pharmaguard Products

Our brokerage has an exclusive partnership with Wynward Insurance Group for our Pharmaguard program that includes retail pharmacy store insurance as well as professional liability insurance for pharmacists and technicians. All pharmacist and pharmacy technician professional liability policies are placed in our program with Wynward Insurance Group.  All retail pharmacies that fit the criteria of our pharmacy program are placed with Wywnard Insurance Group.

N.B. From time to time, any of the above Companies may conduct sales promotions. Prizes vary.

Sincerely,

McCaslin Horne Insurance Brokers