The commission ranges set forth below are applicable to all Boiler and Machinery Insurance Policies, which may include the following coverages: High Tech Boiler and Machinery, Equipment Breakdown, and Builders Risk. 

The ranges are based on the commissions paid for all Boiler and Machinery Insurance Policies. Commissions paid on any particular policy of insurance are based on a variety of factors and there may be dollar amounts or percentage commissions paid that fall outside of the ranges referenced below.

Your insurance broker or independent insurance agent can provide additional information about specific compensation they may receive in connection with the issuance of your policy.

• • Low
  • Mid
  • High
  • 10%
  • 20%
  • 26%

Additionally, 90% of commissions paid on products within this line of business fall within the following range.

• • Low
  • Mid
  • High
  • 12%
  • 20%
  • 25%

• • Low
  • Mid
  • High
  • 10%
  • 20%
  • 26%

Additionally, 90% of commissions paid on products within this line of business fall within the following range.

• • Low
  • Mid
  • High
  • 10%
  • 20%
  • 25%

The commission percentages shown represent business written during the year ending December 31, 2010, and are updated annually. The ranges shown may not reflect historic commission rates for all in force policies and do not include policies issued after December 31, 2010. Transactions with no commission have been eliminated from the data used to prepare these ranges because insurance producers may have received compensation directly from the insured.

Chartis insurance companies may also have reimbursed certain expenses of insurance producers who act as program administrators, including but not limited to, advertising and marketing expenses, costs of software and systems upgrades, loss control services, and certain other underwriting expenses. In 2010, these payments ranged from 0-3% of the total premium placed by these insurance producers during the calendar year.