New Start Up - Questions

[Agent Ave]

Good info, thank you! What does a carrier payout on these lines usually. Ballpark figures are ok. I know they can fluctuate, so I'm just looking for a rough idea on how much I would earn with that type of written premium.


Auto?
Home?
Life?

Basically, to keep it simple, it will be around 15% for Auto & home. Life is so wide it depends on the carrier.

 

[nyc2phi]

70 term and 50 perm apps in what period of time?

This is what AXA paid on their products when I was with them 3 years ago..

15 home 10 auto is what I get at LM. Reason being is they want it to average out since premium on home is lower then auto. Other carriers like Erie pay this as well but can't speak for everyone.

 

[Guest]

This is what AXA paid on their products when I was with them 3 years ago.. 15 home 10 auto is what I get at LM. Reason being is they want it to average out since premium on home is lower then auto. Other carriers like Erie pay this as well but can't speak for everyone.

Ha ha, I just realized I misunderstood the question. I see now you were talking about commission rate, for some reason I thought you were saying you submitted 70 term and 50 perm apps a month.

I was about to sell my soul to hire you.

 

[TKobis]

Ha ha, I just realized I misunderstood the question. I see now you were talking about commission rate, for some reason I thought you were saying you submitted 70 term and 50 perm apps a month.

I was about to sell my soul to hire you.

I get that kind of volume on a bad month... in my dreams.

 

[Goot]

LOL...Thanks everyone.