I love my commission. I get 70% advance commission on an annual premium. So if I sign a person up for an $80 a month policy, I make $672. The downside is I have to get my own leads. I really don't care lol. I make around 12k a month on a lazy month.
There is a correction on this video. I mentioned a policy that is $2,000/yr will give you commission of $2400. Pretty sure that's bad math!! The commission would be $240 Not $2,000.
I think a big thing here is how good you are and how your agency is set up. This comment is from a point of view of a producer working for a an agency that does sales and service. I get anywhere from 12-15% of what I sell plus a nice salary because I've been doing this for 7 years. If you can produce 40k + a month that will hit you at 15% where I'm at. 6k just on that plus base. I'm on track for 100k + per year. Know your worth as a sales staff. An agency the size of mine 5500+ policies should gross 500k+ - overhead,taxes and salary. Netting roughly 250-300k. The average insurance producer at a reputable agency not a 1800 number sells about 12-18k per month. If you sell more than that then get to know your worth. A good agency will pay you more than double what google says the average producer makes.
Hi, thank you for your content. I'm a double State insurance agent for MO and CA but I work as a captive sub agent for a CA agency. I'm really good at quoting and servicing policies. But low pay. What do you suggest are my best options to move forward more independently and get paid what I'm worth. Of course the down park is getting own leads. Would have to learn to do that. Which I have ideas
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I love my commission. I get 70% advance commission on an annual premium. So if I sign a person up for an $80 a month policy, I make $672. The downside is I have to get my own leads. I really don't care lol. I make around 12k a month on a lazy month.
could you help me get started maybe? i’m 18 and i’m really interested in this type of stuff
hi taking my exam today for life accident and health insurance license any advice if i pass the exam on how i can make 12k a month?
You get with a company like agent equity group and work like no other
What company you work for?
Where ? Pls
There is a correction on this video. I mentioned a policy that is $2,000/yr will give you commission of $2400. Pretty sure that's bad math!! The commission would be $240 Not $2,000.
I was just about to ask...I thought I was missing something. thanks for clarifying
GREAT CONTENT! I just started my own insurance company 6 months ago and it's been a journey where I keep learning......
AMAZING VIDEO. You were very detailed on the income breakdown. I SUBSCRIBED.
I think a big thing here is how good you are and how your agency is set up. This comment is from a point of view of a producer working for a an agency that does sales and service. I get anywhere from 12-15% of what I sell plus a nice salary because I've been doing this for 7 years. If you can produce 40k + a month that will hit you at 15% where I'm at. 6k just on that plus base. I'm on track for 100k + per year. Know your worth as a sales staff. An agency the size of mine 5500+ policies should gross 500k+ - overhead,taxes and salary. Netting roughly 250-300k. The average insurance producer at a reputable agency not a 1800 number sells about 12-18k per month. If you sell more than that then get to know your worth. A good agency will pay you more than double what google says the average producer makes.
What is a producer exactly? So did you do the sales for an agency?
I am thinking that I might pursue insurance as a career so any feedback you give me would be greatly appreciated!
Great content! would you be able to make an updated episode of this topic? Thank you
I do have an agent focused channel @markwflockhart
Great information, thank for sharing it with us!! 😊
You’re welcome
With insurance isn’t it what your buying?? That’s the most important thing!! Like LOS in a home, IE 76000$ paid in LOS needed
Hi, thank you for your content.
I'm a double State insurance agent for MO and CA but I work as a captive sub agent for a CA agency. I'm really good at quoting and servicing policies. But low pay. What do you suggest are my best options to move forward more independently and get paid what I'm worth. Of course the down park is getting own leads. Would have to learn to do that. Which I have ideas
I am starting to make videos for agents as well, search Mark W Flockhart on RUclips and you’ll find me there.
We sell 50 policies a day :)
Does agents gets paid for selling pensions and retirement plans? Or is it solely for life insurance
Financial advisors make good $ for handling your retirement accounts
Hi : ) amazing content, I wanted to know which payment processor is the best to use for home/auto insurance?
If by payment processor you mean company, I need to know what state you are in.
Florida
@@yungvlad State Farm and Chubb are the two I would check into
I sub to your channel bruh. Thanks for info
I make $0 per policy!! But I work for USAA!!
Insurance: An algorithm based salary fund.
Good idea
We make 2 dollars per policy and a base pay 😢
Bro talk to me I think your completely wrong with the better insurance agencies!!
sounds like your just a telemarketer to me
It can feel like a telemarketer job depending on what type of agency you work for.