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It all depends on the commission structure and the total sales and total premiums. In car insurance, typical commissions range from 7% to 15% first year and renewal.
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∙ 13y ago
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How much does an insurance broker make?
How much can a insurance broker make
How much money can a good NYC commercial insurance broker make in real estate insurance?
look in a book, NOT on the computer
How much money does a food broker make?
50 bucks a year.
How much does an life insurance broker make in NY?
It depends on their work ethic and personal goals. Ballpark, about $200,000.
How much money does insurance company's make?
nipples
How much money does a stock trading broker make a year?
The average starting salary for a stock broker is $17000. But this can increase with experience and time spent trading.
How much do car insurance agents make?
typically, the broker or agent's company will get 10-15% of the total premium. So it all depends on how much he or she sells. Commision for homeowner's insurance is usually a bit higher- 15-20%....
How much money does a insurance agent make?
over 20,ooo dollars
How much money does an insurance agent earn?
== ==How much DO insurance agents make? Depending on whether you are in the US or AUS, they make about 15% and 12% respectively off the quoted price.
How much money will I have to pay in taxes if I don't have insurance next year under Obamacare?
How much money a person has to pay in taxes if they don't have insurance depends on how much money they make and how big their family is. Obama Care will decide the amounts.
Why banks are selling insurance products?
To make money of course. Taking out insurance is a sensible precaution. If you are going to do it then the banks would much prefer that they make money out of it than some other organisation.
What is the best place to get business insurance quotes?
Focus on finding the best insurance broker, not the best insurance company. The insurance broker will help you identify, understand, and insure your company's risks. If they just try to sell you a policy then find a new broker who focuses on understanding your needs. The broker should automatically place you with one of the best insurance companies for your operations and should also help you customize the coverage. Many brokers work with 100+ carriers so you really don't need to sweat the carrier as much as the broker. Also, make sure the broker explains the carriers strength to you. How are they rated by AM best? Do they pay out claims cleanly?
