What is the average commission an insurance broker gets for every person signed up under insurance?

Depends on the type of policy! Life insurance is darned close to 98% of the first year’s premium. Workers compensation can be as low as 3%. Most auto is 10% to 15%.

It depends on the type of insurance as well as several other factors. $$$ is talking about life insurance, and that commission would only be for one year, afterwards it would drop down to 5% or so.

Some policies could be as low as 4% while others are over 1% of the first year. Other companies give you a flat $ amount per policy no matter what the premium.

Source(s): Independent Ägent

65% of the annual premiums. For example, if they sign up for a policy where they pay $1 per month, their annual premium would be $1,2. 65% of $1,2 is $780. With insurance, the policyholder usually has to have the policy for at least three months otherwise it will come out of your next check.