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re: Do sales producers at independent insurance agencies typically earn residuals of some type

Posted on 1/9/19 at 11:07 am to
Posted by nugget
Mostly Peaceful Poster
Member since Dec 2009
13911 posts
Posted on 1/9/19 at 11:07 am to
Typical for industry in LA is around 50% of new business and 25% renewals. Would be a miserable job if you didn't get renewals. And also make sure you get a portion of your "agency fee". That is where you make your money.
This post was edited on 1/9/19 at 11:08 am
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41915 posts
Posted on 1/9/19 at 11:13 am to
quote:

Typical for industry in LA is around 50% of new business and 25% renewals. Would be a miserable job if you didn't get renewals. And also make sure you get a portion of your "agency fee". That is where you make your money.


That seems insanely high for a producer.
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