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

Posted on 1/14/19 at 11:25 am to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/14/19 at 11:25 am to
I am curious as to what cut the agency (salesman and all) get on big premiums. Say a business has $250K+ in combined P&C and workers comp premiums, what kind of cut do you think the agency gets?

How much can the agency cut the premium to match a competing agency?

I hate what seems to be the industry norm that the first agency to a market get dibs. I would like to see two agency quote the exact same policy but I never do.
This post was edited on 1/14/19 at 11:26 am
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