How much do insurance agents make?

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PostPosted: Thu Sep 23, 2010 9:23 pm   Post subject:   

what sort of education does someone need? Is a 2 year college program in isurance enough to get you started?


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PostPosted: Sun Sep 26, 2010 3:53 pm   Post subject: Insurance  

What are the average quotas required by insurance companies of their agents in the first year?


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PostPosted: Tue Sep 28, 2010 3:56 am   Post subject:   

Quote:
What are the average quotas required by insurance companies of their agents in the first year?




Impossible to answer. Each company is different. Many have no quotas, because they pay what you're worth. No business, no commissions. Simple.



If a Series 7 securities license is part of the equation for a newly licensed agent, then the answer is definitely ZERO! Quotas can cause agents/Registered Representatives to do things they should not be doing. For those with a Series 6, there can be a requirement to do one new trade every three months, but again, that is strictly company-dependent.


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PostPosted: Fri Oct 01, 2010 3:03 am   Post subject:   

Why would there be a difference between 6 and 7 and a quota? 7 does not change the Representative from having a suitability requirement to a fiduciary requirement. That would require Investment Advisor (Representative) status (65 or 66)

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PostPosted: Tue Nov 09, 2010 6:09 pm   Post subject: state farm agents  

Do all State Farm agents ignore their customers e-mails and phone calls? Mine gets money from my premiums but he can't be bothered with my problems, which are problems brought on by my being cheated by my agent. He just had a big fine office building built, guess that is all the cares about, sorry just wanted to vent!


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PostPosted: Wed Dec 01, 2010 5:14 pm   Post subject: insurance agent  

where would i start if i want to become a licensed insurance agent. Are there any classes that i can find out in my area. Where would i start?


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PostPosted: Wed Dec 01, 2010 5:18 pm   Post subject: insurance agent  

How can i become a insurance agent. what school should i attend to get licensed?

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PostPosted: Sun Dec 19, 2010 12:59 pm   Post subject: Want  

Hi. I want at lease 10 members agents to work a famous impurence company


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PostPosted: Sun Dec 19, 2010 12:59 pm   Post subject: Want  

Hi. I want at lease 10 members agents to work a famous impurence company


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PostPosted: Wed Dec 22, 2010 8:52 pm   Post subject: insurance  

what if you work for an agent, but it's not your office. You do all the quotes, write the business, etc. You are licensed in both P & C and life. You pretty much are the office manager as well. How much should you make in California to do that?


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PostPosted: Thu Dec 23, 2010 6:56 am   Post subject:   

Quote:
How much should you make in California to do that?


Are you being employed as an agent or a solicitor? How much prior experience do you have? Are you working outside the office to develop a book of business?



The answers to these questions will help.


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PostPosted: Tue Jan 18, 2011 12:28 pm   Post subject:   

Hi,

Agents do great job. Providing insurance is a good job. Agents having good income but any one can explain me how much they get?







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PostPosted: Wed Jan 19, 2011 8:13 pm   Post subject: what would you say if a high school student came to you and   

I'm a high school student and becoming. Health insurance agent has come across my my and I decided i would like to persue with it what is your advice on how I can achieve this goal


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PostPosted: Thu Jan 20, 2011 6:07 am   Post subject:   

stay in school, while working towards your degree, go work for a local agent part time and gain some good experience; best way to see if insurance is for you.

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PostPosted: Tue Feb 01, 2011 8:52 pm   Post subject:   

There have been plenty of great comments. To recap on what most have said, making a quality income in insurance is completely dependant on one's ability to work and see as many people as they can. Insurance is a game of numbers. Those who have made it in the business have done so because they networked. Starting out in insurance is very difficult and I am a big believer that you have to give it at least a year or two before you truly know whether or not it is for you. I have heard people tell me that P&C agents make more money, and others say Life & Health agent's make more money. You will make what you believe you are worth if you take the steps to make sure that's true. I have a friend who started as a captive agent with me in the same company five years ago. We both made around $34-$40k our first year. We each split and started our own insurance businesses and he know makes around $300k a year, while I made 1.9 million in 2010. I'm not a better agent than he is, I just believe in what I do more. Do what you need to do and take the necessary steps to obtain names and you will do fine.


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