Consistent with our mission statement described in detail on our home page, Fox/Everett takes its responsibility to our clients very seriously.
Different insurance companies compensate us in different ways. In general, we are compensated by earning a predetermined portion of the premiums written. However, in some cases, insurance companies occasionally also compensate brokers like Fox/Everett with various arrangements that base compensation on the volume or type of business placed by Fox/Everett with the company or upon the underwriting profits realized on that business.
Independent insurance agencies cannot dictate the methods by which they are compensated by various companies. Thus, it is an inevitable fact in this industry that our compensation may vary depending on which company provides the product that is purchased by our clients.