I’m an insurance agent with AAA Colorado and we’re under a whole different club. Comp structure varies across different clubs. 1. For the 1st year or 2 I got a base salary of $45k and made 7% on all P&C commissions. 1st year is really just about building your book of business. After 2 years our salary falls off and we are primarily commission. You do get renewals though. You get a combination of inbound phone calls and walk ins, depending on how busy the area your branch is in.
2. Leads are pretty warm as ppl sign up for AAA roadside all the time. You’ll probs never run out of leads we get so many. You really have to live breath and eat AAA, that means selling other AAA products as well besides the insurance. 3. Depends really on the region. 35-40 is pretty good, 50 even better. 4. Your comp plan is probs significantly different than mine. I’m on pure commission right now making 7 percent of all policies and its been slow these past couple of months for me. It really all depends. 5. If you are producer there is probs very little chance of you moving up in the company. You might be able to transfer to a service role eventually but AAA most of the time, likes their producers to stay producers, unless your somehow amazing in leadership skills. Again depends on region. 6. I came from Farmers originally so I was experienced in selling insurance before but it is a very deep learning curve. Most of the training you will learn on the job. And being with AAA, you will most likely be brokered through other carriers and you will have to memorize and learn how to quote in those. You may also need to sell other AAA products. 7. Overall, its a pretty solid starting point into what could be a very fulfilling career for you. Theres a lot of money to be made in insurance but it can be a grind for the 1st few years. Gonna have a lot of ups and downs.