How much does and Allstate insurance agent get paid..like as an average. I don't want %. I want # w/ $ signs.

Question

How much does and Allstate insurance agent get paid..like as an average. I don't want %. I want # w/ $ signs.

Answer 1

It's all based on commission.  One agent could make $20,000/year while the next could make $100,000.  It depends on the policies you sell.  You get more money for life and annuities than home and auto.

Answer 2

Its all about renewals, that is where the money is at in insurance.  I think most agents average 30k.  Not very much money considering they will work alot of hours.  Most sales jobs have a very low hour to $ per hour ratio.  I have been in sales for quite a few years.

Answer 3

OK,  On average, $2,000 a year.  

That's because 95% wash out, and can't even make $1,000.   The ones that don't wash out, will make about $40,000 to $50,000 the first year, except maybe one in a hundred that will make six figures.

It's straight commission, which, of course, is a percentage of what you sell.

Answer 4

They get paid on commission. That's a percent (%) not a number (#) with dollar ($) signs.

Answer 5

all insurance agents get paid by commission which is determined by how many policies they sell and it depends on what type of insurance you are selling - everyone is different and you won't be making a level salary from day one unless they have a program that starts out as a salary (maybe in the $20's , but converts to 100% commissions over time, and most life insurance policies pay most of their commission the first year, so you have to be constantly selling new policies