How much money does an insurance broker make?

Question

How much money does an insurance broker make?

Answer 1

There is a limit on what they can make. In Jersey all fees can not exceed 4.5%. Most lenders cap them off at 2 points on the back and on the front most charge anywhere from 0-2 pts.

If your being charged more then that your being ripped off and i suggest you go somewhwere else.

Answer 2

As a life insurance broker who travels - I can make $900/day

If you need a place to start try:

naadavies.com

It's where I started out - they provide leads & training if you need it. And no - I make no commission for sending you - I'm no longer with them - I built up my book of business & went out on my own

Answer 3

I assume you mean insurance broker.  Brokers that specialize in commercial property/casualty insurance can easily make over $200,000 or $300,000.  I know many brokers that make over a million per year.

Answer 4

There is no limit. It depends on your ability to convince people about the advantages in volved in it.& the long term gains he is going to gain & his family in case of any mishap happens to him.

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