Town & Country Mutual Insurance is your company, owned by you, and we are committed to serving you with professionalism and integrity. The Insurance Industry recently demonstrated its commitment to keeping consumers fully informed – we have nothing to hide.
In keeping with this Code, we feel that you have the right to know how our distributors are compensated. Town and Country Mutual Insurance distributes it insurance products through licensed agents (distribute only Town & Country products) and brokers (distribute Town & Country’s products along with others). Our agents and brokers live in the communities that Town & Country serves. Our policyholders are therefore able to choose the type of insurance professional that best suits their needs and expectations.
Our Agent / Broker agreements require that your Agent / Broker exercise the utmost diligence, honesty and good faith in the performance of their duties so that they can provide you with the expert advice, choice and service you require.
We compensate our Agents and Brokers in two ways:
|Line of Business||Base Commission|
|Automotive||7% to 12.5%|
|Residential||13% to 20%|
|Agribusiness & Commercial||13% to 20%|