Typical Insurance Broker Commission Rates

Typical Insurance Broker Commission Rates. While the actual compensation totals earned by property and casualty agents is nearly impossible to determine, the size of the commissions for various insurance types is relatively easy to assess. Captive agents who work for insurance companies only get 5 to 10% of the first year’s premium, while independent agents usually receive 15%.

canonprintermx410 25 Luxury Average Insurance Broker Commission from canonprintermx410.blogspot.com

Captive agents who work for insurance companies only get 5 to 10% of the first year’s premium, while independent agents usually receive 15%. Here we have provided the information about the commission that an insurance agent gets. While the actual compensation totals earned by property and casualty agents is nearly impossible to determine, the size of the commissions for various insurance types is relatively easy to assess.

Typical Insurance Agent Commission

Typical Insurance Agent Commission. Commissions are paid out as a percentage of the premium you pay. Other factors that determine the commission for an independent insurance agent include the type of policy and whether the policy is new or a renewal.

How much does a life insurance agent make a year, from iammrfoster.com

In case of pension plans, the commission is limited. The position's pay can vary drastically, with the lowest 10% earning less than. This depends on the size of their current book, where the agency is located, etc.