The 2017 typical yearly wage for an insurance coverage agent is $49,710 and the per hour wage is $23. 90 per hour, according to the U.S. Department of Labor's Bureau of Labor Statistics, New representatives make less than $27,180, while those with years in the company can make upwards of $125,190. In addition to a base salary, captive agents also receive an employer-sponsored benefits package, along with supporting staff, workplace equipment, marketing and advertising efforts.An agent's base commission depends a number of factors like: The line of insuranceThe number of new policies soldThe variety of restoring policiesThe commission structure, if any, of the insurance coverage company or company Captive agents typically earn a 5% to 10% commission for each automobile and home insurance coverage policy they sell. Each time the policy renews, they receive a repeating commission, which is generally less than the preliminary commission.