Insurance Made Easy
OUR MISSION - bring to market insurance products that are relevant to Costco members and that are easy to purchase.
How We Get Paid
Thank you for choosing Inova Insurance Brokers Inc for your insurance needs through the Costco insurance program. We appreciate your business and trust.
Our role is to provide Costco members with the best insurance value that combines coverage, service, and price. We also provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance and claims support. When any issue arises regarding your insurance coverage, we are your advocate, using our professional experience to best represent your individual interest.
Commission Income – is part of your automobile insurance premium and is paid annually for both new business and renewals. The commission is normally calculated as a percentage of the premium paid to the insurer for the specific policy and is paid to us by the insurer for the distribution and servicing of your insurance policy. Our commission is included in the premium paid by you.
Contingency Income - We also receive income through contingency arrangements with most insurers. They are called “contingent” because to qualify for payment we normally need to meet certain criteria, usually measured on an annual basis.
Customers are our main focus, our work must be done with our customers in mind, providing better products and services than our competition. Should you have any questions on our compensation generally, or as to your specific insurance proposal or placement, please feel free by contacting your broker or customer service representative at Inova Insurance brokers Inc