Property and Casualty auto home and business insurance agents typically earn anywhere between 7 and 20 commission on each policy sold.

What does an auto insurance agent get paid. But thats where the similarities end. Agents who have been in the business for a while have had time to develop a loyal clientele and they tend to be on the higher end of the spectrum. Auto insurance agents earn between 15 and 20 percent per auto insurance policy according to The Wall Street Journal.

Experience also makes a difference in how much auto insurance agents are paid. State insurance regulators set the number of liquid assets necessary to ensure insurers can pay claims. The primary responsibility of an insurance agent is to sell life health car and property policies.

According to the Independent Insurance Agents Brokers of America Inc. Insurance agent salaries are often a combination of salary commission and bonuses but how much insurance agents make depends on if they are independent or captive agents. LSM Insurance looked at the average first-year commission and bonus that agents at Canadas top five life insurers are paid when they sell new.

5 The sales agent job title includes data from all forms of insurance not just life insurance. The national average salary for an insurance agent in the United States is 79965 per year with a salary range between 17000 per year and 188000 per year although salary rates by profession and region throughout this article will always be. Stewardship Insurance is here to help.

The positions pay can vary drastically with the. For example if your annual policy costs you 700 per year your insurance agent earns between 105 and 140 for your policy. There is not one payment method that is better than the others for the insured.

IIABA independent agents generally earn the following range of commissions on these policy types. Home or Auto Insurance Between 8 and 15 of a new policys first year premium and between 2 and 15 at the policys renewal. Health insurance on the other hand grants up to 7.