MagicInsurance
New Member
- 1
Hello everyone,
I recently got licensed as an insurance agent and I am looking to make my first steps in this business, mainly thinking about focusing on P&C (auto insurance)
I was wondering if I could get some advice on the typical commission structure paid out by legacy insurers (GEICO, Allstate, State Farm, Progressive, etc). What percentages should I be expecting on the new business premiums + renewals?
Should I be looking to start as a captive agent or work independently? What are the pros and cons?
Looking forward to your replies!
Thanks for your help
I recently got licensed as an insurance agent and I am looking to make my first steps in this business, mainly thinking about focusing on P&C (auto insurance)
I was wondering if I could get some advice on the typical commission structure paid out by legacy insurers (GEICO, Allstate, State Farm, Progressive, etc). What percentages should I be expecting on the new business premiums + renewals?
Should I be looking to start as a captive agent or work independently? What are the pros and cons?
Looking forward to your replies!
Thanks for your help
