Worker's comp commission
Moderators: Josh, independent guy
Worker's comp commission
What are the pros and cons of selling workers comp insurance? Is there a lot of follow up admin for the. Poker? What commission % would the broker earn?
Re: Worker's comp commission
The pros to "selling workers comp" is that you're providing a coverage that almost every business (except for one person sole proprietorships) needs. Providing this coverage can also help in account retention. As to the "follow up admin", unless it's a large complex account that either has a high SIR/deductible or on some sort of retrospective rating basis.
Commission level varies by carrier and premium level. On average, it's around 15%.
Commission level varies by carrier and premium level. On average, it's around 15%.
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Re: Worker's comp commission
Wow-In many years of writing in CA, have yet to get 15% . Most in CA seems to be 12% down to as low as 6% (I do not include SCIF)
Big Dog-lead me to the promised land of 15% -which carriers are offering that? (and are they competitive?)
Big Dog-lead me to the promised land of 15% -which carriers are offering that? (and are they competitive?)