In the auto industry can you make great money if you are a auto insurance agent?

Question

thinking of making career move. I've worked in the mortgage industry, which is not doing so well. But alot of empolyers in the auto insurance world have been contacting me. Can you make great income.

Answer 1

If you make the move to insurance, you can make a great deal of money if you are willing to work hard.  You will want to make sure that any producer agreement you enter into spells out exactly what your responsibilities are and what split of commission you will receive, both on new sales and renewals.  I made exponentially more money on renewals than on new sales.  That is because I treated my clients with respect and they stayed with me.  When I retired, I had clients that I had had since the first year I was in the business.  I can't even imagine how much money I made from their loyalty to me.  

Your income will start out low, but it will build if you are a good agent and will not give up.  The most difficult years are the first five.  After that, your renewals and referrals will keep you going.

Answer 2

Probably.  Especially if you work for a money gouging company like Farmers.