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This question is about health insurance agent jobs, life insurance agent jobs, and insurance agent jobs.
Do insurance agents make good money?
Yes, insurance agents make good money. The national average pay for an insurance agent is $79,730 a year. However, it can vary widely, starting as little as $20,000 a year to as much as $174,000 a year.
Relative to the educational or other credentials, which is nothing more than a high school diploma, the pay rate for an insurance agent is pretty good. To be a good insurance agent, it all comes down to how much effort you put into it. The vast majority of life insurance sales jobs are straight commission meaning no base salary and no benefits.
For this reason, more than 90% of new insurance agents quit the business within the first year. However, for those who succeed, there is decent money to be made. Regardless, Insurance sales agents rank #2 in the best sales and marketing jobs.
Top Five Highest Paying States for Insurance Agents:
New York - $89,872 a year of $43.21 an hour
New Hampshire - $87,121 a year of $41.89 an hour
Vermont - $82,353 a year of $39.59 an hour
Wyoming - $80,242 a year of $38.58 an hour
Maine - $80,085 a year of $38.50 an hour
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