Insurance Agency Fees in Maine

Maine Allows Fees for Only Two Things

From this document - http://www.maine.gov/pfr/insurance/faq/producers.html#chargingfees

The basic rule is that fees are not allowed.

Charges for placing insurance must be as indicated in the company's filings; in other words, the regular premiums as filed, and the resulting commissions.

However, there are two circumstances allowing producers to charge fees. 

• First, producers with surplus lines authority may charge a nominal service charge in connection with surplus lines placements. 
• Second, fees in addition to or in lieu of commissions may be charged for large commercial property and casualty risks. 

This category is defined in Bureau Regulation Chapter 900: http://www.maine.gov/sos/cec/rules/02/031/031c900.doc

What Qualifies as Large Commercial

Based on the above linked document...

A large commercial risk is defined as one whose aggregate annual premiums for commercial property and casualty insurance sold by a producer totals $150,000 or more.