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 Statistics, New agents make less than $27,180, while those with years in business can make upwards of $125,190. Together with a base income, captive agents also receive an employer-sponsored advantages bundle, as well as supporting staff, office devices, marketing and advertising initiatives.An agent's base commission depends numerous elements like: The line of insuranceThe variety of brand-new policies soldThe number of renewing policiesThe commission structure, if any, of the insurance coverage business or agency Captive agents generally earn a 5% to 10% commission for each auto and home insurance coverage policy they offer. Each time the policy restores, they get a repeating commission, which is usually less than the preliminary commission.