10/24/2025
We are hiring agents. Consider these numbers. Strong sales skills needed.
Assuming $30,000 in monthly production with 90% retention
Total office commission projected at 15%.
First $5k at 50% (7.5%), Second $5k at 60% (9.0%), Over $10k at 70% (10.5%)
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First year is all new business – no renewals yet
First $5000 premium x 15% office commission =$750 x 50% = $375
Second $5000 premium x 15% office comm = $750 x 60% = $450
$20,000 above $10k x15% office comm = $3000 x70% = $2100
Total Monthly commission = $2925
Total for 12 months = $35,100
Second year renewals at 90% hypothetical retention = $31,590
2nd year New business = $35,100
Total 2nd year comp = $66,690
Third year renewals at 90% hypothetical retention = $60,021
3rd year New Business = $35,100
Total 3rd year comp = $95,121
Fourth year renewals at 90% hypothetical retention = $85,608
4th year New Business = $35,100
Total 4th year comp= $120,708
Fifth year renewals at 90% hypothetical retention = $108,673
New Business = $ 35,100
Total 5th year comp = $143,737
Things to think about
-Nothing is limiting the agent to $30,000 premium per month. The sky is the limit.
-Retention can be higher than 90% - Especially in a rising rate environment
-Make your own hours – (this can be part time but not spare time)
-Game plan for a $100k income within a little over three years
-A fast start increases the renewal base and the overall projections
Chestnut Hill Insurance Group is a full-service insurance brokerage in the New England Region. Learn more.
