How much do SelectQuote agents make?

Where is SelectQuote located?

SelectQuote headquarters is located in Overland Park, KS, but there are also offices located in San Francisco and San Diego, CA, Denver, CO, Jacksonville, FL, and Des Moines, IA.

Is SelectQuote a good place to work?

Is SelectQuote a good company to work for? SelectQuote has an overall rating of 3.2 out of 5, based on over 962 reviews left anonymously by employees. 52% of employees would recommend working at SelectQuote to a friend and 50% have a positive outlook for the business.

Can insurance agents make millions?

Insurance agents can make more than a million dollars per year, but most don't because they focus on marketing to people they know and rely heavily on referrals. Insurance agents that obtain online insurance leads open the door to becoming financially free.

Why do insurance agents quit?

Most agents quit because they can't get enough sales to support themselves and their families. The only way to change that is to learn how to get more leads, better leads, and follow up on them. People go on fact-finding missions online. They don't care who answers their question, as long as they get answers.

Do insurance agents make good money?

According to that data from the Bureau of Labor Statistics: The median annual wage for insurance agents was $48,150. The highest paid 10% of insurance agents earned more than $116,940 annually. The lowest paid 10% of insurance agents earned less than $26,120 annually.

Is SelectQuote a legit company?

Is SelectQuote legitimate? The answer is yes! SelectQuote is very reputable and has been in business since 1985 and has helped thousands of people buy life insurance and plan their estate.

What is it like to work at SelectQuote?

The company provides great training and gives you every resource you need to be successful. If you are self motivated and have a good work ethic, this is a very good job and has great benefits. SelectQuote takes care of its associates that do their job.

Is SelectQuote captive?

As an independent agency, SelectQuote is not a captive of any one company. When you shop with them, you're getting access to a wide range of quotes from top insurers.

How much do insurance agents make per policy?

Annual commissions for auto insurance range from 10 to 12.5 per cent, although a few firms pay up to 13.5 per cent. Property insurance offers commissions of 20 to 23 per cent. So if you use an insurance broker and pay $1,000 annually to insure your home, upward of $200 a year would be going to the broker.

Is selling insurance hard?

On the bright side, selling life insurance offers a few benefits difficult to find in other careers. First, life insurance sales jobs are abundant and easy to find. ... However, even when you locate a good prospect, the product itself is hard to sell. People are loath to discuss or even acknowledge their own mortality.

What is the most profitable insurance to sell?

Can you get rich selling insurance?

There's no limit to how much you can make selling insurance provided you have the passion and commitment to put in the extra work. However, insurance sale is a lucrative business that can earn you substantial profit margins once everything is up and running.

Can you get rich selling life insurance?

Like any profession, it takes time to gain experience and build up your income. With that said, the top life insurance agents earn over $100,000 per year. Many make a lot more than that! You can expect to earn $2,000-5,000 per month starting out.

Where do insurance agents make the most money?

Does SelectQuote pay training?

$950 for two weeks of paid training, depening on what class you are in. $12/hour plus you can make bonuses depending on your scores during training.

Is SelectQuote a pyramid scheme?

SelectQuote is not a multi-level marketing (MLM) business opportunity or pyramid scheme. The company doesn't have multiple layers of agents, mentors, and trainers and is not suitable for agents who are primarily looking to recruit.

Is SelectQuote a buy?

SelectQuote has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.

Does SelectQuote sell insurance?

Founded in 1985, SelectQuote is an insurance sales agency that helps customers find the best rates on life insurance policies. Along with life insurance, customers can also use SelectQuote to purchase auto, home, and disability insurance. It also sells Medicare Supplement insurance and Medicare Advantage plans.

What is SelectQuote senior?

SelectQuote Senior is a one-stop marketplace for comparing Medicare Supplement and various types of Medicare Advantage plans. The service shops up to 21 insurance companies and makes it faster and easier to compare rates.