YOUR QUESTIONS, ANSWERED Does this apply to renewal business?
The increased commission does not apply to current National Interstate renewal business. Traditional fleet will default to 10%. SmartFleet will default to 12%. If the producer wants to keep the increased commission percentage, they will be required to sell the renewal at the updated amount. Is the target state determined by where the account is located or where the agency is located? The incentive is based on where the account is located, not where the agency is located. Is the commission auditable? Yes, the commission will be paid and adjusted for final audit results. The agency will be responsible for return commissions if there is a return premium for an account.
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