Advice from P&C Independent Brokers

Aug 4, 2015

  1. youngbroker
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    youngbroker New Member

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    I'm studying to get my P&C license and would like to better understand average first-year / trail commissions and policy terms (years) for certain P&C products (see below). I know there's very seasoned brokers here so was wondering if you could provide ballpark estimates (know it varies a lot by carrier and coverage):

    First Year / Trail / Avg. Policy Years

    Auto: 12 / 12 / (? years)
    Homeowners: 15 / 15 / (? years)
    Renters: 20 / 20 / 3 years?
    Pet: 20 / 20 / 3 years?
    Umbrella: 15 / 15 / (? years)
    Jewelry: ? / ? / ?

    Thanks in advance!
     
  2. nonstandard4me
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    nonstandard4me Expert

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    Never heard of a renters paying 20. That much is for sure. They are usually pretty paltry policies. Good to have. Not much money to sell. IMHO. I know that's not the question, but it stood out.
     
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