what is the commission structure for a California Insurance Agent?
Posted on May 27, 2008 under Insurance Information |I am wanting to see some kind of chart or calculation of how earnings will be calculated in regard to working on commission as a P&CInsurance Agent in Californis
May 27th, 2008 at 4:29 am
there is no structure each company pays a percentage of a policy to the agent. Like auto is norm 10 percent. BOP policys range from 15-20 percent. Also they pay incentives for meeting lost ratios and production levels met.
May 27th, 2008 at 4:29 am
Depending on the type of insurance agency you go to work for, they are all different. You stand a better chance at a higher commission structure if you go to work for a broker at an independent insurance agency. There you have more negotiating room as opposed to working for an agency such as Farmers, State Farm, Allstate, Auto Club. Insurance companies pay a certain commission to insurance agencies and it will depend on what split a broker is willing to pay YOU from his received commission. LOL
December 10th, 2010 at 1:06 am
Nice blog post, thank you. Can you explain on the 2nd paragraph in a little more detail please?
December 27th, 2010 at 4:06 am
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December 27th, 2010 at 8:24 am
I was been searching the WWW for such info and i wanted to say thanks to u for the post. By the way, just off topic, where can i find a version of this theme? – 10x
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