What type of commission can I expect as an independent for auto insurance? - independent auto insurance agent
Currently I have my L & H, and I am pleased to add P & C license. I work as an independent and I understand that progress is at a good company for this. Of course, to know if you know that someone else, please let me know so I can make good comparisons!
My question is: What kind of payment is the norm for the self INDI? I know that when working for companies like L & H, the payment is significantly less than when INDI. Also do not think that the salary is almost the same as L & H. Are you? As renovations?
Thank you!
Independent Auto Insurance Agent What Type Of Commission Can I Expect As An Independent For Auto Insurance?
4 comments:
What is "indirect" auto? Indiana or India? The commissions will go 10% for the car. The good news is, standing committees, plus 10%, so that ultimately it is easier to create a company with P & C, because his book, which continues to generate good commissions.
The bad news is that it is really difficult to get a date with the many online operators, unless it is worth 100K to send a book is profitable.
You can not even standard for Infinity insurance and homeowners insurance, especially since both quite easy to get nominated, and no minimum sales book.
Why should you just a car? If you are selling at P & C, you have all the lines that sell not just cars. The Commission is typically paid every year, with most companies pay 10-20% commission, a project work is sometimes less than 10%. You pay a commission similar policy renews each year.
I'm not a fan because of his business directly progressive progressive. Progressive Direct, I think they make a little money in the pockets of their agents.
I have both P & C and L & H. ... still. The P & C paid only once or twice a year, depending on the duration of the policy. Health insurance, you will receive a monthly commission every time the premium is paid. Health generally pays about 5% of the group companies and P & C pays 10 to 20% depending on the company and the types of reporting.
I started the commercial management of P & C over 23 years, the addition of L & H in 1994. L & H personally prefer. There are not many players who really care about the health insurance and the laws as they should.
I suggest you try both to see which you prefer. Incidentally, I have always independent, with the exception of the period of 6 years was CFO of a company's health insurance.
It depends. If you are with the Committee the right, then you should get 50% of the annual fee for the first year and less innovative products. The annual policy of most cars is 15%. If you are in the wage, then it is a moment of silence. Being independent gives some flexibility in setting a timetable for the Commission.
Some evidence, as you say pay between 50% to 90% of the commission of cars. Go!
I work for an insurer ... Well ... carved in stone that s. ... Choose.
Post a Comment