How To Make $9,000/Month As A P&C Insurance Agent

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  • Опубліковано 29 жов 2024

КОМЕНТАРІ • 58

  • @jthebox2105
    @jthebox2105 9 місяців тому +13

    So this sounds good in theory until 200 of those cold calls don’t pick up. To get even get 3 quotes/day is a challenge. You need to do more than trying to target random people.
    Look at people you have quoted in the past, do events, get referrals from customers you have closed, invest in live call transfers, create a social media presence and try to partner with local businesses in your community.
    Not trying to dismiss cold calling cause it should be in your sales strategy but don’t make it your only method. To get quotes you need to actually speak with people. The unfortunate part about his method is the likelihood you are going to speak with someone is maybe 1-5 percent depending on the day.

  • @johanbello7810
    @johanbello7810 2 роки тому +6

    Scheduled My P&C Exam for the 15th of this month, Codys got me pumped for the Future of Insurance !

  • @amizzletwo
    @amizzletwo 2 роки тому +20

    Having somebody work 15 hours a week is not feasible especially at $10/hour … and it takes all day to get 5 quotes sometime

    • @D3nMe
      @D3nMe Рік тому +1

      Offer commission

    • @Laheyfinegoods
      @Laheyfinegoods 5 місяців тому +1

      Yeah the way he said that was super sleazy

    • @fittyleben9680
      @fittyleben9680 Місяць тому

      Yeah dude no one is going to do this. What a waste of time. This guy is so detached from reality if he thinks 1. Somebody will do this and 2. It’s okay to have someone do this. Straight scum.

  • @danielmartininsurance9251
    @danielmartininsurance9251 Рік тому +4

    I recently pivoted from Auto to Truck Insurance & Commercial Insurance.

    • @macnificent7100
      @macnificent7100 Рік тому +1

      does that pay the same percentage in commissions?? Just a thought...thanks

    • @danielmartininsurance9251
      @danielmartininsurance9251 Рік тому +1

      @@macnificent7100 The process is a bit more time consuming and the broker fees a lot more lucrative. In my experience commercial insurance has a less canceling ratio.

    • @dagmastr12
      @dagmastr12 8 місяців тому

      ​@@danielmartininsurance9251do you deal with a wholesaler for commercial business?

  • @coachdrew86
    @coachdrew86 2 роки тому +5

    How's it going Cody, you shouted me out on your virtual seminar last Friday lol I wanted to see if you have any videos/training on P&C. Not the money breakdown, how to master trying to convince family & friends to switch their insurance. Cold calling, what to say during cold calls. Etc. I'm studying to take my P&C test in Maryland now. Hoping to take the test in March. Thank you for your dedication in helping people reach their maximum potential.

  • @allinredriskstrategies
    @allinredriskstrategies Рік тому +3

    Is the cost of leads factored into that $100,000 breakdown?

  • @vinnyfazio1381
    @vinnyfazio1381 Рік тому

    Love your channel starting in P & C and very excited.....

  • @jtmag3638
    @jtmag3638 11 місяців тому +1

    Gosh this seems unrealistic. I’m at 80% closing rate, in an office that writes about 5mil a year in premium. I can’t imagine quoting 11 policies a day while prospecting. I send out about 4-5 quotes a day, and write about 60k a month. I don’t make 100k. Y’all are big dreamers. Our office could use a visit from Cody, I bet you could help us double our book! Thanks again Cody, great video

    • @dagmastr12
      @dagmastr12 8 місяців тому

      Curious what state are you in?

  • @LucasCorso91
    @LucasCorso91 5 років тому +7

    Can you be an independent insurance agent broker working from home?? I have been a commercial insurance producer for 3 years and want to start up my own agency

    • @CodyAskins
      @CodyAskins  5 років тому +2

      Absolutely.

    • @tonyaberman3669
      @tonyaberman3669 3 роки тому +2

      You can but in order to get Big Companies to give you an appointment, it’s better to have a physical office. You have to be professional. Some of them send sale managers to visit your office. They won’t give you an appointment if you don’t have that. I write for Chubb, Nationwide, Progressive, CNA, The Harford, Biberk and you have to have an office. How can you grow and hire employees with an home office? If you want to write non admitted insurance, yes work from home.

    • @tonyaberman3669
      @tonyaberman3669 3 роки тому +4

      Ask him about charge backs. Don’t listen to these people. Most independent agents don’t make it due to large chargebacks because they don’t write proper policies. And many get E&O claims because they don’t know what they are doing.

    • @dagmastr12
      @dagmastr12 8 місяців тому

      ​@@tonyaberman3669I have a 220 license and I am happy to split deals just to let someone else do the paperwork. It's hard to be in the field and in the office.... IMHO

  • @jillunderwood6949
    @jillunderwood6949 Рік тому +1

    I have just tentatively been offered a position in Farmers Insurance Protege Program. I will take my p&c test Monday and background. I am so excited and nervous. To be successful I need to sell 100,000 in premium within a year. I am willing to work like crazy to reach this goal. I have never sold Insurance and have only been in sales a limited time in my career. I want you to know, I have been soaking in all the advise I can from your channel. So thanks!!! Any pointers on how to get to that end goal?

    • @dagmastr12
      @dagmastr12 8 місяців тому

      Do you only sell p and c or are you going to take a general lines, so doing commercial also? I'm in Florida so I don't know what you have to do in your state.

  • @timrobson8171
    @timrobson8171 Рік тому

    This is amazing. As a broker, would he continue to make 17.5% commission with renewals, or would he need to sign it with a new carrier? Is that wrong to do? I don't have my license just looking into this as an entrepreneurial path

  • @eros5556
    @eros5556 2 роки тому +4

    17 percent commission is crazy im only getting 3%

  • @tylersample7286
    @tylersample7286 2 роки тому +1

    Doesn’t he have to be careful with having other people representing him as an agent no matter what channel of communication they’re utilizing? What boundaries should s P&C agent set for those individuals who help during those part-time hours? -P&C agent in San Antonio, Tx. Thanks!

    • @D3nMe
      @D3nMe Рік тому +1

      They may be SOLICITORS: no license required.

  • @melissabartlett-c2d
    @melissabartlett-c2d Рік тому +2

    What company pays 17.5? never in over 30 yrs have I made that much on P&C bundle

    • @moko1485
      @moko1485 11 місяців тому

      Nat gen

    • @kathleenanderson7512
      @kathleenanderson7512 4 місяці тому

      I agree. Companies are dropping the commission rate on new business as well as renewals. Lucky if the average NB commission is 10%

  • @lukky7nupe
    @lukky7nupe Рік тому

    What is zen call n how does it work

  • @samkurtu9150
    @samkurtu9150 Рік тому

    I want to start in a career In pc where do u start

  • @sarahpalacios1920
    @sarahpalacios1920 5 років тому +6

    This was fantastic!! Love these breakdowns. Thanks Cody, gets me excited for the future.

    • @thesituation8514
      @thesituation8514 5 років тому +2

      What are you waiting for?

    • @CodyAskins
      @CodyAskins  5 років тому

      I'm glad! Love the enthusiasm, Sarah!

    • @sarahpalacios1920
      @sarahpalacios1920 5 років тому +1

      @@thesituation8514 my license. ⏳I passed my exam. 🙌 But am now waiting for the state license # to contact with carriers. Trying to study marketing, scripts, closing as much as possible during my wait.

    • @thesituation8514
      @thesituation8514 5 років тому

      @@sarahpalacios1920 Nice, congratulations. I can provide resources and tools that will help you hit the ground running. Email me your contact info wehaveasituationhere@gmail .com

  • @sarahpalacios1920
    @sarahpalacios1920 5 років тому +1

    Where are the 200 numbers he's calling daily coming from? Also will have to look up Zen call. 🤔

    • @CodyAskins
      @CodyAskins  5 років тому +2

      Cold data lists and Cole Information Data Lists.

  • @greghill7412
    @greghill7412 3 місяці тому +1

    No agent is going to work 15hrs/wk for $10/hr. thats ridiculous

  • @colinmaddox8567
    @colinmaddox8567 Рік тому

    I'm working for a captive agency. I get 5 auto leads a day provided from my agency.
    Really want to become a broker. How much money should I save up yall think? I'm about to sell my damn car. Lock myself in my room. Go ham.

  • @thefinnlife
    @thefinnlife 3 роки тому +1

    Thank you!

  • @tonyaberman3669
    @tonyaberman3669 3 роки тому +16

    Stop the crap. Selling insurance takes brains and critical thinking. It’s not about just making money. I know independent agency owners who make $10,000+a month. That take years of experience to get to that. You have to know how to write policies and you have to know the right way. Don’t listen to these people. I had to work for a State Farm agent for a minimum of two years before I was competent enough to become independent. Any Insurance Administration will pull your but in and have you under investigation for f’ing up. You are a fiduciary when you become an Agent and you are held to strict regulations. Don’t follow these people. They are just trying to be UA-cam famous on trash advise.

    • @francollinz
      @francollinz 2 роки тому +3

      Writing insurance is not quantum physics 😂😂 calm down. I started writing policies a month after I got my license

    • @Alchemymasta
      @Alchemymasta 2 роки тому +9

      @@francollinz I don’t think that’s the point she’s making. She’s saying it’s not as easy as they say it is. Which I can say is true because I used to sell life insurance and the ones running around to every house door knocking can make it seem like that’s all you have to do but you don’t learn about the chargebacks until you really get into it. Yea the idea is the more people you get the more you make but not all policies stick!

    • @tylersimpson2937
      @tylersimpson2937 Рік тому

      I know a low performer when I see one, don't put your lack of work ethic on other people.

    • @screamersnsp4229
      @screamersnsp4229 Рік тому

      @@Alchemymasta p and c makes more than your life ins license crap I made my first 6 figures with p and c within 3 years stfu

  • @AdafooMN
    @AdafooMN 2 роки тому +2

    2 years later have you bought a $150 steak yet?

  • @Trippopolis23
    @Trippopolis23 7 місяців тому

    Sound impossible finding a part time hustler that has the drive to call that many people for $10 an hour.

  • @Nihil0s
    @Nihil0s Рік тому

    Insulted by the suggestion that the agent pay someone $150/wk to help him make $2000/wk. That's 7% of the income for doing 50% the work of getting the sales. Go pound sand.

  • @alexlapiana9307
    @alexlapiana9307 Рік тому +1

    god he could have explained this in 2 minutes instead of 10. Im upset for giving him my watch time

  • @D3nMe
    @D3nMe Рік тому

    More realistic numbers 6 quotes per week. With pt help.