I been shopping around for insurance with different insurance agencies here in CA ?

Question

and noticed that the premium is about the same for all of them but the broker's fee ranges from $100 to $300, can that be negotiated ? or is it illegal to do so ? i like one of the insurance agencies since they were super nice but they also have the highest brokers fee, could they match the other agencies price ?

Answer 1

That's been my experience, as well.  They differ by dollars, even the same company but in different state, too.  I've let them know that I like there services and packet, however, it's out of my reach for now.  I will keep you in mind and call you back if I can't find more affordable pricing.  I have had some luck but not always.

Answer 2

Per California law: This fee is not set by law, and may be negotiable between the consumer and the broker.

Answer 3

Broker fees are legal in California but these, like most of the insurance industry, are regulated by the state.

Visit http://www.insurance.ca.gov/0250-insurer... to see the exact requirements of the broker fees in California