Agent and Broker Compensation

L&A Mutual Insurance Company offers property and casualty insurance products through a combination of exclusive agents and independent brokers. Our distributors must act with honesty, integrity and hold themselves to a high ethical standard in their dealings with both the customer and the insurer.

We compensate our agents/brokers in two ways:

Firstly, they earn a commission which is a fixed percentage of the premium you pay. The commission rates range from 8% to 20% depending on the line of business sold.

Secondly, L&A Mutual Insurance Company recognizes the efforts of the agents/brokers in managing their book of business through a contingent profit commission. The contingent profit commission is not guaranteed. It is based on the profit of the individual agent/broker portfolio over a three year term.