JDS Code of Consumer Rights

We adhere to the Code Of Consumers Rights For Insurance

We are a Registered Broker Insurance Broker, with our head office in Richmond Hill Ontario.

We have commercial clients across Canada.  if you should have an insurance claim, relax as we have claims offices in every major city

We have been in business providing Insurance Solutions, since 1979. Many of our current clients have been with us for 45 years and we are thankful. Contact  is 1-800-917-SAVE (7283)

Our brokerage is NOT associated with, or owned by any Financial Institution, or Insurance Company. As a broker we will place your insurance business on your behalf, with a Canadian wholesaler or  Insurance Company. We will supply you with a quote along with this overview, and once coverage is issued, a copy of the Insurance  policy, along with its wordings. It is your responsibility to review it, decide on coverage and limits and write and call us with any questions.

As your broker, we will work with you to place your business with a competitive company that you agree is best for you. We have NO allegiance to one particular company. Insurance companies sometimes give us a contingent commission of about 1 % based on our three year profitability, sales performance, losses and potential losses.

If we are your broker you can count on us to provide you with excellent service, price and a broad range of coverage choices.

We want to work with our clients to provide Risk Management and Claims Prevention suggestions. Our goal is to write good business with clients that are responsible drivers. We want to insure clients that understand Insurance should be in place for Emergencies and to Provide Peace of Mind. Some Insurance Companies occasionally,  give us an additional  commission of about 1 % based on our three year profitability, sales performance, losses and potential losses. Servicing claims quickly, when they happen,  is important to us. This is why our client retention is over 98%.

Unfortunately, this year we have seen some major increases in premiums that were due to a high volume of water and fire losses in BC and across Canada.

Our Brokerage Group continues to grow. We are working hard to keep up with the new commercial business that is referred to us due to our consistent personal service.

PROPERTY

The following MGA/Wholesale Companies pay us as they do other brokers, 8 -15% Commission on Policies, new and renewed.
AIG, Arag, Appollo,  Beazley Canada, Creechurch, Excess Underwriting, Encon, Equine Insurance, GFH Underwriters, Lloyds of London, PAL Insurance,  Premier Marine,   Premier Marine, Special Risk Insurance Managers, SWG Specialty, and South Western Group, Totten Group, and Victor Insurance.

The following companies pay us as they do other brokers, 8 to 20% Commission on Property and Liability Policies new and renewed.
Aviva, Chubb, Chieftain,  Ecclesiastical, Economical, Definity,  Economical Select, Intact, Markel, Traders, Travelers, Unica, and  Wawanesa

AUTO AND FLEET

The following Companies pay us, as they do other brokers,  Between 5% and 12.5% Commission on Auto Policies
Aviva, Chieftain, Economical, Intact, Jevco, Traders, Travelers, Unica, Wawanesa

The above commission Percentages are paid Annually for both new and renewal policies. All brokers are paid on the same basis. The comission already part of your insurance premium that we charge. Some companies charge a policy fee and we will show that separately on your billing.

OUALITY CANADIAN INSURANCE COMPANIES

In order for us to maintain a strong relationship with quality Insureds and clients, we work with each Insurance Company to assist them in underwriting the quality of the client and the actual risk we are considering insured.  Each Insurance company has its own public policy outlined on its web site.

Many Insurance companies are  represented in our office. Some have better service and rates than others. Most will niche market specific types of business.

Our broker licenced staff are here to provide Excellent Service and Assist you with Insurance Solutions for you your company, your friends and your family.

J D Smith, BA, CCIB,

President

J D Smith & Associates Insurance Brokers Inc.

Insurance Solutions Since 1979

Thanks for your interest in obtaining an insurance quote from our office. Our brokerage is licensed through the Registered Insurance Brokers of Ontario (RIBO), and our staff are individually licensed brokers. We are required to disclose our professional duties and obligations to you as a potential client, or as a long time client where we are providing you a quote with a competing Insurance Company.

Learn how we are compensated by the insurers and Managing General Agents we represent by reading the above outline and reviewing our privacy policy below.

To ensure we provide you with an accurate quote, we may need to obtain information and/or records pertaining to those that may be listed on your policy. If you agree to this, please reply and let us know if you would prefer us to contact you by phone or e-mail We will try to assist you with a quote based on the information you gave us..

Once you have made arrangements for payment and you have chosen the coverages you wish, and have completed the application, we will forward the information to the Insurance Company to issue the policy.
For Auto - The company will check with MTO on your claims.
For Property - The company will check their database for claims and issue the policy as quoted. Be sure you discuss water damage coverage with your broker as many Insurance Companies exclude this coverage or have a high deductible.

We look forward to providing you quotes and insuring you and your business.

J D Smith Insurance Brokers and our Personal Brokers follow and have implemented these CISRO Guidelines.

We are pleased to outline for you our policies regarding the collection, use, and disclosure of personal data when you use our Service and the Choices you have, associated with that data. Our Privacy Policy is based on the Government policy put in place last year.

We use your data to provide and improve the Service we provide. The insurance companies must have basic information to quote and underwrite coverage. We must store information  such as your e-mail address, phone numbers, date of Birth, the accidents and tickets you have, members in your family and your claims history. We do not store your payment information. For any payment problems you must contact the insurance company directly. (please be aware that today if you are cancelled for non-payment it will be very difficult to get new coverage and it could be up to double your prior premium).

For additional discounts, there is also additional basic information you will need to supply, to our RIBO Licenced broker.