Loewen Agencies Ltd. - Big enough to know and small enough to care
Your best insurance is an insurance broker


Broker Compensation

Thank you for your business. As your independent Insurance Broker, we purchase insurance products and services on your behalf that are available, affordable, understandable and are with a financially viable insurer.

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 an 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 Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium.

Insurance Company Product Line Commission % CPC's
SGI Canada Auto (Personal) 15 *
Auto (Commercial) 7.5 to 12.5
Auto Heavy Farm 17.5
Agricultural 20
Special Farm 10 to 25
Residential 20
Commercial 20
Special Commercial 10 to 25
Bonds 15 to 27.5
Wawanesa Mutual Agricultural 20 *
Residential 20
Commercial 20
Wynward Insurance Residential 20
Commercial 20
Bonds 20
Blue Cross Medical 5
Travel 20
Group 10
Group Medical Services Medical 5
Travel 20
Premier Marine Marine 15
Pacific Marine Commercial
Marine 15
Beacon Underwriting Ltd. Commercial 15
McQueen Hail Crop Hail 10
Butler Byers Hail Crop Hail 10
Henderson Hail Crop Hail 10
Cooperative Hail Crop Hail 10
Canadian Hail Crop Hail 10  
Farmers Hail Crop Hail 10
Wray Hail Crop Hail 10

Should there be an increase in the commission schedule we receive from your insurer, or any other material change that affects compensation arrangements, we will notify you.

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 Commission, please go to the individual company’s website.

Did You Know

All households should be able to survive on their own for the first 72 hours following an emergency. They should prepare a kit of essential survival items to help them through the time before help may be able to arrive.