- Thread starter
- #11
nolaagent
Expert
- 61
After thinking about this a little more...
1) Read your contracts...does it specify if they can change commission on your existing book. If it says they can change commission, but is silent on whether its existing or new business...there's some risk to your existing book.
2) If you're in a market where 1st and 2nd year commissions is 20%+ and 5%+ there's more likely to be a change on the existing book to achieve the 80% MLR.
1) Read your contracts...does it specify if they can change commission on your existing book. If it says they can change commission, but is silent on whether its existing or new business...there's some risk to your existing book.
2) If you're in a market where 1st and 2nd year commissions is 20%+ and 5%+ there's more likely to be a change on the existing book to achieve the 80% MLR.