- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How much do insurance agents make?
Posted on 7/15/15 at 3:23 pm to DukeSilver
Posted on 7/15/15 at 3:23 pm to DukeSilver
quote:
Uh, except thats exactly correct.
an agent producers normally aren't owners of an agency.
50% or more usually goes to agency, 50% or less goes to actual producer of commissions earned.
1
Posted on 7/15/15 at 3:24 pm to Chad504boy
quote:Obviously they don't. But most agents make 10-12% of their book, thats a fact. How much you're book is worth depends entirely on the agent.
5 million worth of premiums don't fall off trees either.
Posted on 7/15/15 at 3:25 pm to Chad504boy
quote:
all assuming agent is an agency principal...
Yes.
quote:
contracts don't fall off trees with legitimate companies
Well aware.. I know first hand how difficult it is.
quote:
5 million worth of premiums don't fall off trees either.
Lol..hell no it doesn't
Posted on 7/15/15 at 3:25 pm to Chad504boy
quote:The title of the thread is
an agent producers normally aren't owners of an agency.
quote:
How much do insurance agents make?
This post was edited on 7/15/15 at 3:26 pm
Posted on 7/15/15 at 3:25 pm to DukeSilver
How much does the run of the mill guy in the office make though?
For instance, you go to the John Doe branch of State Farm. John Doe is probably making damn good money but how much are the associate guys making, on average? The guys who work everyday as opposed to "whenever they want".
For instance, you go to the John Doe branch of State Farm. John Doe is probably making damn good money but how much are the associate guys making, on average? The guys who work everyday as opposed to "whenever they want".
This post was edited on 7/15/15 at 3:26 pm
Posted on 7/15/15 at 3:25 pm to DukeSilver
quote:
But most agents make 10-12% of their book, thats a fact.
10-12% goes to agency, not necessarily agent.
Posted on 7/15/15 at 3:26 pm to Chad504boy
quote:
10-12% goes to agency, not necessarily agent.
doesnt the agent own the agency?
Posted on 7/15/15 at 3:26 pm to DirtyMikeandtheBoys
quote:
less than plant operators
Hope your being sarcastic
Posted on 7/15/15 at 3:26 pm to DukeSilver
quote:
The title of the thread is
insurance agent doesn't mean you own agency dick wad.
Posted on 7/15/15 at 3:26 pm to King of New Orleans
As I understand it compensation differs with the same company depending on how long you've been there. An agent of 30 years told me he wouldn't recommend getting into it currently.
Posted on 7/15/15 at 3:27 pm to Chad504boy
quote:Usually, it does.
insurance agent doesn't mean you own agency dick wad.
Posted on 7/15/15 at 3:27 pm to tgrbaitn08
quote:
doesnt the agent own the agency?
maybe maybe not. how many agents does eagan have working for them... how many are an actual owner...
Posted on 7/15/15 at 3:27 pm to Chad504boy
quote:
insurance agent doesn't mean you own agency dick wad.
usually it does though
Posted on 7/15/15 at 3:28 pm to DukeSilver
quote:
But most agents make 10-12% of their book,
This # could be skewed a bit..
B/c some of my personal line companies mainly auto pay less that 10% on renewal biz...
So if you don't have a lot a of turn over with that company and a bunch a prem. then you could be looking at a little less
Posted on 7/15/15 at 3:28 pm to DukeSilver
quote:
Usually, it does not.
Posted on 7/15/15 at 3:29 pm to tgrbaitn08
quote:
usually it does though
not at all. nearly all agencies have agents producing for them that aren't owners of agency
Posted on 7/15/15 at 3:29 pm to Chad504boy
quote:Sorry, but you're wrong.
Usually, it does not.
Posted on 7/15/15 at 3:29 pm to Chad504boy
quote:
maybe maybe not. how many agents does eagan have working for them... how many are an actual owner...
WEll I guess the big commercial agencies like Ellsworth, Pauls, Franks, Laris, etc, have several agents, but the mom and pops only have one agent and they are usually the owner
Posted on 7/15/15 at 3:30 pm to Chad504boy
quote:Those aren't agents, those are producers.
not at all. nearly all agencies have agents producing for them that aren't owners of agency
Posted on 7/15/15 at 3:30 pm to DukeSilver
quote:
Those aren't agents, those are producers.
BOOM
Page 2 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News