The 2017 typical annual wage for an insurance coverage representative 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 Stats, New representatives earn less than $27,180, while those with years in business can make upwards of $125,190. In addition to a base pay, captive agents likewise get an employer-sponsored benefits bundle, in addition to supporting personnel, workplace devices, advertising and marketing efforts.A representative's base commission depends a number of aspects like: The line of insuranceThe number of brand-new policies soldThe variety of restoring policiesThe commission structure, if any, of the insurance coverage company or company Captive agents usually make a 5% to 10% commission for each car and house insurance coverage policy they offer. Each time the policy renews, they receive a recurring commission, which is typically less than the preliminary commission.