2 answers
Pete
Student
Grundy Center, Iowa
4
Questions
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How much do you get payed as an agent for insurance?
is there different forms of insurance
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2 answers
Joseph Mason
Sr Specialist Project Manager
8
Answers
Grayson, Kentucky
Updated
Joseph’s Answer
Hello Pete!
Working in insurance has several pay variables because of the several types; automotive, home, health, life, etc. Other than selling insurance, there are also insurance claims adjusters that go out and assess damages for disasters that can be deployed all over the United States. One of my neighbors was deployed by her company to assess damages of Hurricane Helene and Hurricane Milton victims, and earlier this year was sent to assess damages of the California wildfires. Average Insurance Sales Agent salary in Iowa is almost $49,000, whereas a Traveling Claims Adjuster is $59,000-$69,000.
https://iid.iowa.gov/
Working in insurance has several pay variables because of the several types; automotive, home, health, life, etc. Other than selling insurance, there are also insurance claims adjusters that go out and assess damages for disasters that can be deployed all over the United States. One of my neighbors was deployed by her company to assess damages of Hurricane Helene and Hurricane Milton victims, and earlier this year was sent to assess damages of the California wildfires. Average Insurance Sales Agent salary in Iowa is almost $49,000, whereas a Traveling Claims Adjuster is $59,000-$69,000.
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Avinash Chandran p
Career Exert
19
Answers
Bengaluru, Karnataka, India
Updated
Avinash’s Answer
How much you get paid as an insurance agent can vary quite a bit depending on factors like the type of insurance you sell, your location, and whether you're working for an agency or independently. In Grundy Center, Iowa, for example, an insurance agent might earn an average base salary between $30,000 and $60,000 annually, with commissions often making up a big part of the overall income.
Many agents earn a percentage of the premiums on policies they sell, which means your earnings can grow as you build up a client base. For life insurance or specialty insurance like auto, home, or health, commissions can range from 5% to 15% of the policy premium.
If you’re considering becoming an insurance agent, remember that your income potential is often tied to your hustle. The more policies you sell and the better your customer service, the more repeat clients and referrals you’ll get. In smaller towns like Grundy Center, building strong relationships with clients can make all the difference!
Many agents earn a percentage of the premiums on policies they sell, which means your earnings can grow as you build up a client base. For life insurance or specialty insurance like auto, home, or health, commissions can range from 5% to 15% of the policy premium.
If you’re considering becoming an insurance agent, remember that your income potential is often tied to your hustle. The more policies you sell and the better your customer service, the more repeat clients and referrals you’ll get. In smaller towns like Grundy Center, building strong relationships with clients can make all the difference!