Dealey, Renton & Associates is compensated by commissions paid to us from the insurance companies with whom we place our clients’ insurance business. Some companies also offer contingency or profit sharing agreements to our agency that are based on both the profitability of the business placed and growth. These types of agreements are not guaranteed and are an incentive to insurance agencies to field underwrite and place good quality and profitable business with their companies.

These profit sharing agreements are common industry practices that have been in existence for decades and are included along with standard commissions in insurance company rate filings approved by the California State Insurance Commissioner. This source of income is clearly and separately identified in our profit and loss statement. None of this revenue flows to any individual employee, Director or Officer at Dealey, Renton & Associates.

Dealey, Renton & Associates prides itself on recommending coverage based on cost, quality and value for our clients. Recommendations are never based on commission, profit sharing or contingent commission agreements. Our clients always make the final decision on the selection of their insurer and program.

 

 

 

 

 

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