Peel Mutual Agent and Broker Compensation

Peel Mutual's network of qualified insurance agents and brokers is there to provide you with local, knowledgeable and professional insurance advice and services. These brokers get to know you, your needs and your community.

We pay standard industry commissions to these brokers, and they may participate in Profit Sharing Programs. Our standard commission rates are:

  • Automobile Insurance: 12.5%
  • Farm Insurance: 20%
  • Residential Insurance: 20%
  • Business Insurance: 20%

Profit Sharing Programs

Agents and Brokers that meet certain minimum requirements for the amount of insurance they place with Peel Mutual are eligible to participate in Profit Sharing Programs. These Programs are offered to profitable agents and brokers in addition to the commission they earned in placing your business with us as a reward for helping us to meet our business objectives.

Typically, the total amounts paid out over the last few years to agents and brokers in the Profit Sharing Program has been less than 2% of written premium each year.

Agent/Broker Loans

At times, our agents and brokers need other assistance – i.e. when they are looking to expand their operations, buy out shareholders, or invest in new technology. Our financial support in these cases consists of loans made at interest rates comparable to chartered institutional lenders.

Why should I use an Insurance Agent or Broker?

Your agent or broker works for you. They are at your side when you buy or upgrade your insurance or if you have to make a claim.

Whether you're looking for a basic car insurance policy or a complete suite of commercial insurance coverage for your business, you need to find the right insurance that will keep you protected. There are a number of ways to find insurance coverage, but how can you get the insurance coverage that's best for you?

An agent or broker is your best option when it comes to finding insurance coverage. Here's why:

  • Insurance brokers and agents are business people whose success rests on your satisfaction with your coverage, price and service. It's in their interest to understand your needs and negotiate on your behalf for competitive premiums and to find the right solution. He or she can also assist you with objective advice should you have to make a claim.
  • Shopping around for insurance yourself can be absolutely bewildering. An insurance agent or broker is an expert when it comes to insurance - and they can do the shopping for you.
  • An insurance agent or broker offers a relationship. This means that you get personal advice and support. You have an insurance expert "in your corner" with your best interests in mind.
  • An insurance broker or agent is there for you when you have questions or concerns, and they can offer helpful advice and recommendations while still leaving the decision ultimately with you. The difference is that an insurance agent or broker will supply you with better options, and explain the pros and cons of each one in a way you can understand.
  • You don't have to worry about insurance, because everything is taken care of for you. You can tailor your plans based on expert advice and a clear explanation of the insurance options from your insurance agent or broker.
  • Insurance agents or brokers are extremely well qualified, and must meet very high professional standards. A designated insurance broker is required to file regular financial reports to the Registered Insurance Brokers of Ontario, the governing body for all insurance brokers in the province of Ontario.
  • The insurance industry has become more complex with its own language of terms, legal issues and subtle details. You need a knowledgeable expert at every stage of the process to interpret all rules and what they mean for you. Your agent or broker's advice can also be invaluable, as your insurance needs change and your requirements become more complex.
“ From the first time I spoke with her on the phone, to the last e-mails we exchanged, customer service was of the utmost professional and courteous. I am very impressed with the service I was provided. ”



Insurance and loss prevention go hand in hand. We are owned by our policyholders and our primary goal is to help our policyholders.
Loss prevention is an important part of that help.

Preparing Your Home for Winter

The cold months ahead bring a new set of concerns for homeowners. Whether it’s heating, pipes or pests it’s important to be prepared for the season. How can you make your home cozy, comfortable and winter-ready this fall?

First, it’s important to do a safety-check on your heating system. It doesn’t matter whether it’s a wood-burning stove, a furnace or another system, be sure to have it professionally cleaned and checked for safety before using it regularly.

You should also take care of your pipes. Padding your pipes with tubular pipe insulation will prevent them from freezing. This will save you from a potential burst pipe and the subsequent flood. When the coldest days hit, another way to prevent freezing is to keep your faucet running slightly.

To make your home is cozy despite whatever is happening outside, modify your air-flow. Use your ceiling fan’s reverse setting to run the blades clockwise after turning on the heat. This will create an updraft and push down heated air from the ceiling.

Part of being prepared is having your gear accessible. Pull out your salt and gravel containers and swap out summer tools for winter equipment, like shovels, snow-blowers and outdoor supplies. You should also store your gas mower with a full tank of fuel and add a fuel stabilizer.

Finally, don’t forget to ward off those pesky pests! Close off any existing holes in walls, especially in the attic where mice, rats and raccoons commonly seek warmth in winter.  

Make sure your home is ready for the cold (even when you aren’t!) Click the Homeowner’s Winter Checklist below to download.

Winter Home Checklist

Find a broker or agent near you to see how Peel Mutual can protect your home: