Most insurance agents receive a commission on the sale of policies. No secret there.
If your agent doesn't get paid a commission (some are on salary), certainly your agency (the employer of your agent) gets a commission. Workers' compensation pays among the lowest commission rate of any insurance policy. It isn't uncommon for agents to get 2%. Average commission on business auto, property and liability insurance policies are closer to 15%. Many professional liability policies pay the agent 8% or 10%.
If your agent doesn't get paid a commission (some are on salary), certainly your agency (the employer of your agent) gets a commission. Workers' compensation pays among the lowest commission rate of any insurance policy. It isn't uncommon for agents to get 2%. Average commission on business auto, property and liability insurance policies are closer to 15%. Many professional liability policies pay the agent 8% or 10%.
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