Hi,
I currently sell Medicare Supplement Insurance (just started), and have always wanted to sell auto insurance. I was just looking for someone to give me some "rough numbers" on auto insurance...
How many policies does the "average" agent sell per week?
What is the average annual premium of an auto policy?
Are first year commissions higher, then they decline? OR are they just a level 12 or so percent for the life of the policy?
The average med supp annualized premium is around $1,620 per year... And they have "step commissions". Years 1-6 = a %, 7-10= a %, and 11 on there are no commissions.
I just started selling insurance not long ago, and I just want to see the possibilities of auto insurance.
Also, do auto clients take a lot of time and effort to "service"? That is another factor I would like to compare...
Thanks,
Craig
I currently sell Medicare Supplement Insurance (just started), and have always wanted to sell auto insurance. I was just looking for someone to give me some "rough numbers" on auto insurance...
How many policies does the "average" agent sell per week?
What is the average annual premium of an auto policy?
Are first year commissions higher, then they decline? OR are they just a level 12 or so percent for the life of the policy?
The average med supp annualized premium is around $1,620 per year... And they have "step commissions". Years 1-6 = a %, 7-10= a %, and 11 on there are no commissions.
I just started selling insurance not long ago, and I just want to see the possibilities of auto insurance.
Also, do auto clients take a lot of time and effort to "service"? That is another factor I would like to compare...
Thanks,
Craig