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I'm a Life/health agent curiuos about auto. My question: Could someone provide a basic outline of agent commission (include residuals) for auto insurance? thanks...


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Old 10-05-2008, 10:09 AM   #1
Super Genius
 
Join Date: Sep 2008
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Auto agent commissions             Go to Top

I'm a Life/health agent curiuos about auto.

My question: Could someone provide a basic outline of agent commission (include residuals) for auto insurance? thanks
jimsthename is offline   Reply With Quote to Auto agent commissions

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Old 10-14-2008, 01:12 PM   #2
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Re: Auto agent commissions             Go to Top

It depends on the company. most companies pay 12% first yeard and 10% residual
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Old 10-15-2008, 02:36 PM   #3
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Re: Auto agent commissions             Go to Top

Mine is a slightly higher but it is broken down by product, Property is 16% and auto 14% with 10 renewals
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Old 10-16-2008, 11:01 AM   #4
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Re: Auto agent commissions             Go to Top

Originally Posted by jimsthename View Post
I'm a Life/health agent curiuos about auto.

My question: Could someone provide a basic outline of agent commission (include residuals) for auto insurance? thanks
15% new and renewal.

Obama has indicated he is coming after insurance agents when he is sworn in. We'll be able to earn commissions on homeonwers insurance but we'll have to throw in auto insurance for free.
bobson is offline   Reply With Quote to Auto agent commissions
Old 10-17-2008, 09:06 AM   #5
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State: saieddie is an Insurance Agent from Virginia
Re: Auto agent commissions             Go to Top

Do you have a link or anything other than hearsay? I'd like to show it to the "on the fence" agents I know.
------------------------------------
Half the people you know are below average.
saieddie is offline   Reply With Quote to Auto agent commissions
Old 10-17-2008, 09:29 AM   #6
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State: 1manshow is an Insurance Agent from Pennsylvania
Re: Auto agent commissions             Go to Top

Also interested in hearing more about Obama's idea/plan
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