The 2017 median yearly 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 representatives make less than $27,180, while those with years in the service can make upwards of $125,190. Together with a base income, captive representatives also get an employer-sponsored advantages bundle, as well as supporting staff, office equipment, marketing and marketing efforts.An agent's base commission depends several aspects like: The line of insuranceThe number of new policies soldThe number of renewing policiesThe commission structure, if any, of the insurance business or company Captive agents normally make a 5% to 10% commission for each automobile and house insurance policy they sell. Each time the policy restores, they receive a recurring commission, which is normally less than the initial commission.