GradGuard's Quoting and Compensation Disclosure

Last Changes to Quoting & Compensation Disclosure: October 2018

GradGuard is a service of Next Generation Insurance Group, LLC.

Next Generation Insurance Group does business with multiple insurance companies, and is a legally appointed agent of such companies in states that require an appointment. As a result, we can offer you a variety of coverage choices, and can assist you in securing the combination of coverage, price, and service that best fits your needs. We are generally compensated by insurance companies in the form of commissions, incentive payments, and fees. This disclosure notice is intended to describe those compensation methods.

Commission: We are compensated for the sale of an insurance product on a commission basis by the insurance company that provides the insurance. The amount of commission is a percentage of premium set by the insurance company, not by us. The insurers’ commission expense is included as a part of the insurance premium you pay. Incentive Payments: In addition to commissions, we may also receive other compensation from insurers based on the volume and profitability of their insurance products we sell.

Fees: Some insurance agencies charge their customers service fees, in addition to receiving commission income from insurers. We do not charge you any fees for placing your policy, except, when quoted, a fee for the filing of surplus lines taxes, if required.

We assure every client and every prospective client that our decisions with respect to placement of your insurance have always been and will continue to be guided by the best interests of our clients. If you have any questions or if you would like additional information about any aspect of the compensation we earn on your account, please contact

Next Generation Insurance Group and the insurance companies it represents provide policy quotes to you using information you provide and consumer report information (such as driving and credit histories) from other sources.