How much commission can I make selling car and homeowners insurance?

Question

How much commission can I make selling car and homeowners insurance?

Answer 1

The more you sell the more you make.

or..

The less you sell the less you make

Basically if you are good they'll want you, if you are bad they'll want ... to get rid of you.

I think aaron p's observation is right on the spot as well, lol but don't give up trying :)

Answer 2

In the 10% range.  These products are mostly level commissions so volume is the key.  But, you get paid every year they keep their policy.

Jeff

Answer 3

most likely not that much, unless you're a very confident sales person - in which case you still make less $$$ than you skills applied in salary based job.

best sales people are company's executives.

Answer 4

Car insurance averages 10% of the policy premium.  Homeowners probably averages about 17%, for standard, and 10% for nonstandard.

That's how much.

Answer 5

$0 to a lot.

Not being able to use the search feature on Y!A indicates you might not be a self-starter.  If that's the case, I would guess you'd be on the lower end of the spectrum.

Good luck.

Answer 6

Not much.  Commercial insurance brokers make a lot more money.  If a personal auto policy costs $1,000 a year you'll make about $100.  Following are examples of rather small commercial policies:  If a commercial business package policy costs $10,000 a year, the commission would be around $1,500.  If a workers' compensation policy costs, say, $25,000 a year, the commission would be about $2,500.  A professional liability policy with a premium of $50,000 would pay about $6,250.