Compensation Disclosure

The agents of Midlakes Insurance are compensated by the companies we represent in the form of Commissions paid on Insurance Policies sold through this agency.

The rate of compensation varies by company and line of business, but ranges from a low of 5% to a high of 20%.

We do not add any fees of any kind to the transactions we process, but do from time to time pass along fees charged by Brokers with whom we place business.

We may be eligible for bonuses and other incentives to sell various products offered by the Companies we represent.

If you have any questions, please feel free to call any of us to discuss our Compensation.

Sincerely,

Dave Peterson and John Gaston