Common Questions about Brokerage Firms

Q: Why would I need brokerage firms?

A: Although you can deal directly with an insurance company, impartial brokerage firms will be representing your interest, and can better assist you in finding the best deal possible according to your requirements.

Q: How much commission can I expect to pay?

A: The amount of commission depends on the brokerage firms so it is always possible to find a good deal if you look around first. Generally whatever commissions need to be paid is agreed upon beforehand. Usually this will be flat fee or a percentage of the transaction’s value.