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Insurance agents make their money on a percentage commission from the insurance company the larger the premium the more money the agentreceives, or if they are small policies the agent may receive an amount per policy sold.

Basically the more insurance policies that are sold the more money the agent will make.

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14y ago
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15y ago

The biggest factor that effects an insurance agent's income is whether or not you get paid on commission, salary/hourly plus commission, or salary/hourly plus "pay for perfomance." This is my first year as an agent. When I started out, I worked for strictly commission and it proved to be very difficult. Fortunately for me I was able to get hired with a company that pays hourly plus pay for perfomance. In other words, I get paid by the hour then I get bonusues based on how many policies I sell each month. If you are just starting out, try to find a company that will pay you something besides commission only.

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Q: How much money can a insurance agent make?
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