How much does an auto insurance agent make per year?

How much does an auto insurance agent make per year?

I am thinking about getting a job at an auto insurance agency, and would like to know a salary range.


Average for someone who LASTS a year, is probably around $50,000 that first year - working 80 hour workweeks.95% can't earn $500 in six months.It's very hard work, with a very high washout rates.


There is no salary. Insurance agents make money on a commission only basis. You get paid only when you make a sale. This means that you will not get a regular paycheck and cannot count on earning a certain amount of money to pay bills. Many agents wash out in the first year because it is a very difficult job. You may want to think about whether this is the type of job you want to pursue. Personally I would not want a paycheck based on the number of sales I can make in a failing economy. Your regular bills will need to be paid by the due date whether you make a sale or not.


Most agents are paid on commission and not a salary. It depends on how much insurance you sell!Source(s):I'm an agent



Popular Q&A

I just moved and am looking to find some cheap Massachusetts Auto Insurance. Can anyone recommend a place?
You should research patiently, and get quotes from different insurers -take your time. A used car, and a clean driving record will definitively help you have lower rates. I had to do a lot of research and estimates because my old car broke, so I ended up leasing a new Honda, and insurance in...

What are you paying for ur car insurance?
That sounds like a bargain for a new $31,000 dollar car.I'm 41, have a clean record in Missouri and pay $118.00 a month for full coverage on a 2001 Town Car, '69 Camaro and 2007 car trailer and liability on a 1987 Suburban 4x4. Total value minus the truck is about $30,000. The Camaro is actually...

Do auto insurance companies in Ohio get your license suspended if your insurance lapses?
They won't automatically report your lapse in coverage unless you have been suspended for no insurance, in which case, by law you are required to have no lapse in insurance for 5 years (and there is an extra charge on your insurance that they charge in order to monitor your policy). With that...

What does full coverage auto insurance cover?
You're probably out of luck as far as the GPS and watch. Car insurance ordinarily doesn't cover the contents of the car unless you have a rider for valuable equipment. While it might be covered under your homeowners/renters insurance I suspect their value would is less than your deductible...