Broker Fee Disclosure Notice

Thank you for trusting us with your insurance needs! We truly appreciate the opportunity to help you find the best coverage. Before moving forward, we want to be fully transparent about our broker fee and some important disclosures provided by the California Insurance Commissioner.

A Quick Note About Our Broker Fee

As your broker, we do charge a broker fee to cover the costs involved in servicing your policy. However, we always strive to keep this fee as low as possible while still providing you with the best service and support. If you ever have any questions about this fee, don’t hesitate to ask!

Important Disclosure – Please Read Carefully

This disclosure was prepared by the California Insurance Commissioner. Please take a moment to review it carefully.

• Do not sign any broker fee agreement unless all blank lines and spaces have been filled in and you have read this entire document and the agreement carefully.
• Your insurance broker represents you, the consumer, and is entitled to charge a broker fee if he/she chooses. This fee is not set by law and may be negotiable between you and the broker.
• It is illegal or improper for an insurance broker to charge you a fee for placing coverage solely with the California Automobile Assigned Risk Plan or the California FAIR Plan. Fees may be charged for placement of other coverages.
• Broker fees are often non-refundable even if you cancel your coverage. Refer to your broker fee agreement to see if your broker fee is non-refundable. However, you may be entitled to a full refund of a broker fee if your broker acted incompetently or dishonestly. Unresolved disputes over non-refunded broker fees can be forwarded to the Department of Insurance for review.
• You are entitled to obtain and keep a completed copy of this disclosure and any broker fee agreement you sign.
• Your broker may receive a commission from the insurance company(ies) for placing your insurance. This commission may be paid to your broker by the insurance company(ies) in addition to any broker fee you pay.
• If you will be paying your premium in installments to a finance company, by law you must receive a copy of a premium finance disclosure and agreement. Be sure to obtain and read those documents before signing a premium finance agreement. Also, ask the broker if the insurer offers its own installment payment plan. Insurer installment plans are often cheaper than premium financing through a separate premium finance company.
• If your broker is placing automobile coverage, your broker must provide you with a copy of the current Department of Insurance Automobile Insurance pamphlet. If your broker is placing residential coverage, your broker must provide you with a copy of the current Department of Insurance Residential Insurance pamphlet. By signing this disclosure, you acknowledge receipt of the appropriate pamphlet(s).

The above-referenced pamphlets are available via the links on this page. We want to make this process as easy and stress-free as possible for you! 

If you have any questions or concerns, please don’t hesitate to reach out. We’re always happy to help!