I'm Completely New to This...some Guidance Would Be Great

[Jimboo]

I forgive your "terminology", but you're NOT going to work for Allstate, you're going to be an Allstate agent's employee.

Neither is a "brokerage".

Ah okay. I see what you mean. It was a wee-bit confusing to me. But thanks for clarifying it for me.

 

[VolAgent]

It's a brokerage I believe. Forgive my terminology if it is incorrect. It is a small Allstate office in nj. So I assume I would be an agent working for a broker who deals in Allstate.
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Thanks a lot for the input CTG.

You will be a producer working for an Allstate agent.

The term broker gets abused quite often, but there is no way to call an Allstate agent a broker as he has only one company to represent.

 

[Advisor06]

What town in New Jersey?

 

[Jimboo]

Sorry advisor06 I'd rather not mention that just yet.
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You will be a producer working for an Allstate agent.

The term broker gets abused quite often, but there is no way to call an Allstate agent a broker as he has only one company to represent.

Thanks, I understand now. I'm extremely new to all of the terms thrown around here so try to stay with me here haha.
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What town in New Jersey?

Sorry if I sound like a jerk. I just don't want to step on any toes possibly. You never know who you can bump into on the internet. I hope you understand where I am coming from.

 

[ctg]

I think you meant they keep *their* clients if you leave

True, in this context, "they'll keep your clients" means "they're not really your clients to begin with."

I even spell checked the post... where's the semantics button?

 

[ewilkins]

I'm new to the industry myself, but that salary sounds good whether you are working as a Producer, Agent or whatever. I had a Farmer's agent tell me that my base would be between $6k and $12k. The only other agency I've seen that offers this type of a base is Liberty Mutual. I've got some apps in at various offices with them. Good Luck!

 

[Jimboo]

Wow, I was unaware that there was normally a substantially smaller base is most cases.

 

[Josh]

Wow, I was unaware that there was normally a substantially smaller base is most cases.

Most of the time an insurance agent gets none.

 

[Jimboo]

Well thanks a lot for the basic info guys and gals. Just got the word that I'm interviewing tomorrow morning. I look forward to learning more from everyone here.

Wish me luck and thanks again.