Skip to main content

Compensation Disclosure

Please review this information carefully.

Our compensation disclosure.

Home » Compensation Disclosure

Important information regarding our compensation.

Compensation Disclosure

Paradox Insurance Agency, Inc. takes pride in providing services to our clients and believes you should understand how we are paid for these services. The use of Paradox Insurance Agency, Inc.’s Client Portal and Smartphone App are cost free to our clients. However, for providing insurance brokerage services, Paradox Insurance Agency, Inc. is compensated in a variety of ways, including service charges, commission and, in some cases, contingency bonuses which are paid by insurers or agreed to, in advance, with our clients.

Below is a summary of the types of compensation Paradox Insurance Agency, Inc. may receive:


If we are an appointed agent of a carrier, a commission is typically paid to us by the insurer for the distribution and servicing of the insurance policy. The amount is typically calculated as a percentage of the premium paid to the insurer for the policy and that percentage will vary depending on the type of insurance product and the specific insurer.

Contingent Commissions

We may possibly also receive contingent commissions from some of the carriers if we have achieved certain criteria, typically measured on a one year or a three year term. The criteria can vary from carrier to carrier but is usually the result of the carrier’s overall profit, our success in retaining clients, and our client’s loss experience with the carrier. Because of all of the variables involved with the calculation of contingent commission bonuses, the amount of contingent commission is never guaranteed.

Supplemental Commissions

Certain insurance companies pay supplemental commissions – fixed amounts – that are based on an agent’s performance during a prior year. These commissions are established from time to time, are typically not guaranteed and can be based on the historical performance of the carrier or the agent. The criteria for supplemental commissions are similar to those for contingent commissions.

Client Fees

Paradox Insurance Agency, Inc. may, on occasion, negotiate a fee for services in lieu of, or in addition to, commissions paid by insurance companies. These fees may include, but are not limited to, special projects that fall outside the placement or servicing of insurance, on-site training, and other consulting fees. These fees will be disclosed and agreed upon by the client, in writing, prior to being invoiced for payment.

Other Compensation

From time to time Paradox Insurance Agency, Inc. may be compensated by insurers for providing administrative services to clients on behalf of those insurers. Such amounts are typically calculated as a percentage of premium or are based on the number of policyholders receiving such services.

Please feel free to ask Paradox Insurance Agency, Inc. about our compensation as it relates to your specific proposal or placement.

Compensation Disclosure - Scenic Winter Scene in a Park in Montana with Snow on the Mountains and Trees Next to a River

Get Started Today

As an independent agency, we are here to help you find the right coverage.

Get a Quote

  Request an Insurance Quote

As an independent agency, we are here to help you find the right coverage.

  • Please do not include sensitive, private information in this area.
  • *By providing my phone number to Paradox Insurance Agency, I agree and acknowledge that Paradox Insurance Agency may send text messages to my wireless phone number for any purpose. Message and data rates may apply. Message frequency will vary, and you will be able to Opt-out by replying “STOP”. For more information on how your data will be handled please view our Privacy Policy.
  • This field is for validation purposes and should be left unchanged.

Get a Quote

It only takes a minute to get started.

  • Fill out the form, we’ll be in touch.
  • Go over your options with an agent.
  • Get the coverage you need.

Would you rather discuss this in person? Get in touch with an agent today!