Broker Compensation
Thank you for choosing PV&V as your insurance broker. As your independent insurance broker we act on your behalf to ensure you receive affordable coverage options, professional insurance advise and claims support you can count on.
Broker compensation is part of your insurance premium. For your information, we have provided a list of our insurance partners and the rate of compensation which is paid annually.Property Insurance
- Gore - 20%
- RSA - 20%
- Intact - 20%
- Heartland - 20%
- Perth - 20%
- Economical - 20%
- Optimum - 20%
- Aviva - 20% to 22%
- Novex - 15%
- Premier - 15%
- Travelers (Dominion/Chieftain) - 20%
Auto Insurance
- Gore - 10% to 12.5%
- RSA - 10% to 12.5%
- Intact - 10% to 12.5%
- Heartland - 10% to 12.5%
- Perth - 5% to 12.5%
- Economical 5% to 12.5%
- Optimum - 10% to 12.5%
- Aviva - 12.5%
- Novex - 10%
- Hagerty - 12.5%
- Jevco - 5% - 15%
- Travelers (Dominion/Chieftain) - 10% to 12.5%
- Facility (RSA) - Max Fee of $350
If there are any changes in commission structure or any other changes in these compensation agreements, we will notify you. If you have any questions regarding this or any other aspects of your insurance please don't hesitate to contact us.