What is a fair commission split for a 1099 agent?

[Insurance Girl 11]

I'm a new insurance agent with a tremendous sales and management background (in other industries). The skills I have are transferrable to the insurance industry.

What is a fair commission split with a boutique commercial insurance firm for a 1099 agent?
Straight commission, no benefits or expenses. I am working out of my home office. They are not providing leads at this time either.

How much of my book of business should I own vs the agency own?

How much should I have to pay to take my book of business should I decide to leave for any reason?

Anything you have learned along the way that should be included in my independent contractor agreement?

 

[fed up]

Are you using their appointments to write business? If you are doing all of your own expenses and just using them for your carrier appointments 50/50 on new business and 80/20 on renewals

 

[Insurance Girl 11]

Are you using their appointments to write business? If you are doing all of your own expenses and just using them for your carrier appointments 50/50 on new business and 80/20 on renewals

Yes, I pay all my own expenses including healthcare, etc. I am using their appointments to write business.

What is you opinion on what % of my book I should own? What is fair if I decide to buyout my book an start my own agency?

Thanks for your time & input!