Auto agent commissions

Oct 5, 2008

  1. jimsthename
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    jimsthename Expert

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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
     
  2. benpkwy
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    it depends on the company. most companies pay 12% first yeard and 10% residual
     
    benpkwy, Oct 14, 2008
    #2
  3. lisar1208
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    mine is a slightly higher but it is broken down by product, Property is 16% and auto 14% with 10 renewals
     
  4. bobson
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    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, Oct 16, 2008
    #4
  5. saieddie
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    saieddie Guru

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    Do you have a link or anything other than hearsay? I'd like to show it to the "on the fence" agents I know.
     
    saieddie, Oct 17, 2008
    #5
  6. 1manshow
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    Also interested in hearing more about Obama's idea/plan
     
    1manshow, Oct 17, 2008
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