An auto insurance agent can make MILLIONS of dollars if he can sell MILLIONS of policies covering MILLIONS of automobiles.....
No, actually, like most insurance products....an agent's income is based on commission sales. The more policy count an agent can sell, the more commission he/she should be able to make.
And now you wonder....what commission percentage should an agent make? Well, that depends on the deals you can work out with your companies and/or MGAs.
Then, depending on your State laws...you may or may NOT be able to charge additional fees....but that is a completely different questions to be answered.
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No, actually, like most insurance products....an agent's income is based on commission sales. The more policy count an agent can sell, the more commission he/she should be able to make.
And now you wonder....what commission percentage should an agent make? Well, that depends on the deals you can work out with your companies and/or MGAs.
Then, depending on your State laws...you may or may NOT be able to charge additional fees....but that is a completely different questions to be answered.