How do insurance agents make money?
- AnonymousLv 71 month ago
By selling policies and collecting commissions.
- fcas80Lv 71 month ago
A portion of your premium, such as 15%, goes to them and is called commission. They perform some of the duties that otherwise the insurance company would have to perform.
- Anonymous1 month ago
They take your money. If you make them have to pay any of it back by filing a claim they charge you more money from then on.
It's more of a racket.