No!

An agent who represents several companies will charge a broker fee.  The broker fee is non-refundable.  Now, don’t get me wrong, if the agent makes a mistake and you need to cancel the policy before it goes into effect, you should get the broker fee returned.  Keep in mind, all agents aren’t going to be this nice, because essentially the agent worked for free and all his time spent was for nothing. 

The agent’s time has worth just as your time does. 

So, if you cancel a policy before it’s issued and expect the broker fee returned, that probably won’t happened unless the agent made a critical error from the start.

The agent who returns a broker fee and admits to an error in underwriting your policy is an agent worth is weight in gold.

If you have any questions contact your agent or this author.