The 2017 mean annual wage for an insurance agent is $49,710 and the hourly wage is $23. 90 per hour, according to the U.S. Department of Labor's Bureau of Labor Statistics, New agents make less than $27,180, while those with years in the business can make upwards of $125,190. In addition to a base wage, captive agents likewise get an employer-sponsored advantages package, as well as supporting staff, workplace devices, marketing and marketing initiatives.A representative's base commission depends numerous elements like: The line of insuranceThe variety of new policies soldThe number of restoring policiesThe commission structure, if any, of the insurer or agency Captive agents normally make a 5% to 10% commission for each vehicle and house insurance plan they sell. Each time the policy renews, they get a recurring commission, which is usually less than the preliminary commission.