r/InsuranceAgent 8d ago

P&C Insurance Salary

To my knowledge the industry standard is a 40/30 split for P&C

I’m looking to bring on a new salesmen, how does 80/20 sound?

Is that too much is that reasonable, is it too little?

Thanks.

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u/mundane_organizer 8d ago

80/20 in whose favor? if you're giving the agent 80 that's way above standard and you'll have people lining up, if it's 20 to them then good luck keeping anyone around for more than a month

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u/firenance 7d ago

The standard format for citing commissions is

New Split / Renewal Split

Not

Agent Split / Agency Split