Anyone here an insurance agent?

If you're doing the home/auto and life gig, you can expect between 7% to possibly 15% commision. You will only be getting comissions paid in as far as your income. Say you have a single auto policy that's netting the company it's placed with $800 annually, you will see $80 depending on that company's commission rate. I'll leave you to do the math from there, but it's gonna take a sizeable book of business to start hiring help.

[Blueface]

Originally Posted by yitlin

If you're doing the home/auto and life gig, you can expect between 7% to possibly 15% commision. You will only be getting comissions paid in as far as your income. Say you have a single auto policy that's netting the company it's placed with $800 annually, you will see $80 depending on that company's commission rate. I'll leave you to do the math from there, but it's gonna take a sizeable book of business to start hiring help.

No doubt.
Will also take a sizeable book of business to live large. The agents that do well have in excess of 3,000 book of business.
However, you do as most do. Start small and as you grow, you can add staff, specially solicitors that can do the legwork for you.
The ones that do very well have great solicitors lining up all the future business.