Disclaimer

This is a request to provide a quote only and is not an insurance policy. It is not an offer of insurance. Further information may be required in order for a complete quote to be provided. 

This quote request contains some information about coverage offered but it does not list all of the conditions and exclusions that apply to the described coverage. The actual wording of the policy governs all situations.

This quote request is only available to persons resident in the Province of Ontario. The products described are subject to change without notice at any time.

Since 1954, M. Edward Powell Insurance Brokers Ltd have been very proud to provide their clients with the best insurance value. We provide insurance products and services that best suit the needs of our clients. As well, we provide personalized quality service that includes professional insurance advice, ongoing policy maintenance and claims support. If any issues arise regarding insurance coverage, we are your advocates, using our professional experience to best represent your individual interest.

Brokerage compensation is paid for by the Insurers we represent and is part of your overall insurance premium. As part of our full disclosure policy, we have provided below the range of compensation each insurer provides as a percentage of your overall policy premium. These ranges are generally standard across the insurance industry.

Company

Automobile

Property

AIG

12.5%

16%

Aviva

12.5%

20%

Chubb

10%

15%

Coachman

10-12.5%

20%

Economical

10-12.5%

20%

Guarantee

12.5%

20%

Intact

10-12.5%

20%

Jevco

5-12.5%

 

Pafco

10-12.5%

 

Pembridge

12.5%

20%

Perth

10-12.5%

20%

Unica

12.5%

20%

Various Wholesalers

12.5%

5-20%

Zurich

7.5%

20%

Nordic (Facility Association)

5% subject to
$370. Cap

5% subject to
$370. Cap

In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they target. Some insurers recognize our efforts through a contract which may entitle us to Contingent Commission. Payment of this Contingent Commission may depend on a combination of growth, profitability (loss ratio), volume, and retention or business with each individual insurer. Contingent Commission is not guaranteed. For detailed information on Contingent Commission, please visit the individual company’s website.

M. Edward Powell Insurance Brokers Ltd. may charge a fee which is a fully earned non-refundable amount payable to M. Edward Powell Insurance Brokers Ltd.

The Intact Insurance Company has a minority ownership interest in the brokerage.

We are committed to strive, in every way possible, to meet our clients expectations.