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There are classes to become an insurance agent. Each state offers liscensing classes to obtain your producer liscense.
I would assume its 80/20 or 60/40, that would normally mean that you pay a minimum of 20 or 40 percent of each accident/ hospital visit. Contact your agent for a full explaination.
There is a great range of prices for each insurance policy, I would call a local Allstate insurance agent for a rate.
exponential
Yes you will need a license to sell in Texas. Insurance Agent Licensing is regulated by Texas Department of Insurance and other state departments. Each state departments has its own insurance agent licensing requirements and examination procedures. Texas Department of Insurance does not authorize pre-licensing coursework for both Life & Health and Property & Casualty licenses, however there is a mandatory requirement for the Insurance Agent license.
You should check with your insurance agent how you should carry the insurance on a car not financed in your name. Each of the 50 states in the United States has its own insurance regulations. Each state requires its agents to know the insurance regulations.
Immediately after an accident, you should call your insurance company and they will tell you their responsibility in that particular state. Your agent should have given you that information when you purchased your policy. Each state has slight differences. An insurance agent in this state is not licensed to comment on the insurance policies of another state.
exponential
It depends on the type of insurance? Yes, it depends on the type of insurance. Life insurance generally pays a first year commission of 50% of the annual premium, to the writing agent, and a trail renewal of 5% each year for the next 9 years. Disability insurance generally pays a 40% commission the first year . Car insurance pays a 15% commission, etc. So, as you can see, the agent's compensation varies, depending upon the type of insurance written.
There are 50 States in the United States. Each one has its own insurance laws. Call an insurance agent and ask him. He had to learn the law to pass the state examination to become a licensed agent.
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exponential