How Much Money Can A New Insurance Agent Make?

How much money can you expect to make when starting out as an insurance agent?
In this video, I'll show you the steps it takes to make real money your first year in the business & I'll share with you my experiences and describe the opportunity that lies ahead of you.
If you're a new agent or looking to get into the business, then this video is for you!
#NewInsuranceAgent #InsuranceAgent #InsuranceSales #LifeInsurance #lifeinsurancesales
FREE DOWNLOADS:
codyaskins.com/free/
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Would you like to learn more about Cody Askins and what his companies do?
Go to: codyaskins.com/
Who is Cody Askins?
Founder of 8% Nation, CEO of Cody Askins LLC, Co-Owner of Secure Agent Marketing, speaker, entrepreneur, and author of Zero To Six Figures, Creator of the Cody Askins KZbin Channel which has amassed over 80,000 subscribers… Cody Askins owns & operates a bunch of companies that generate TENS of MILLIONS in annual revenue. CA is also the founder of The 8% Movement & The 8% Nation Conference, the industry’s largest event for all insurance agents to attend.
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Thanks for watching this video, please share it with your friends. I enjoy reading comments and answering questions so be sure to leave a comment and...
Subscribe to My Channel: / @codyaskins

[@Divine_ness022]

Doing my pre-licensing now, I appreciate how you broke this down! I will be a successful Life Insurance Agent, I refuse to be that 92%!

[@Sterbann]

You got this!

[@Divine_ness022]

@@Sterbann thank you so much!

[@conorsmith6478]

how’s it going now vanessa?

[@ren6510]

congratulations luv

[@claudiaperezphp5093]

Who are you planning to work for ? @vanessa

[@Real_masontroyadams]

I was crippled for a few years but was determined to walk and get my life back. I busted my ass, rebuilt my body and moved to Oklahoma from NY where it's cheap and I'm studying for my test now. I appreciate all the information. I'm extremely motivated and I believe this field will reward my hard work and allow me to get back on my feet financially in a short amount of time. Thank you very much for the information.

[@Lycan_24_7]

Awesome! Do you have an update?

[@ItsShayy]

This really motivated me because many people dont know much about insurance or how much you can actually make selling insurance and they will discourage you because their lack of knowledge

[@josephsiyanda.5112]

Explain more to me.

[@prolificvisuals7077]

Just passed my licensing yesterday 🙏. Ready to go harder!

[@kingakil777]

If you don’t mind me asking what study method did you use for your pre-licensing course

[@prolificvisuals7077]

@@kingakil777 Kaplans course, about 2 hrs reading/notes each day and another 1-2hrs taking the practice quizzes for 10 days. The test was very similar to those practice questions. Also study to pass the test and not to know every micro detail. You should receive a breakdown of the test structure, make sure you understand which sections have the most asked questions. Don’t stress king you will be fine 🤝🏾

[@elperrocovero]

@@prolificvisuals7077 hi may I ask if you are making any money now ?

[@JesusFernandez-ij6qz]

Hello. It has been a year now. Are you making the money you planned?

[@RashedaF]

LOVE LOVE LOVE YOUR VIBE, YOU ARE A GREAT TEACHER

[@asenita19]

Great video man, you're the first person I've watched in this industry that I felt wasn't super cheesy thank you for this.

[@CodyAskins]

Glad you enjoyed it! Thanks for watching 🙏

[@johnnyripple8972]

If almost everyone you run into in this business is super cheesy and gimmicky…..what does that tell you about this business?

[@Toysandgames4444]

Best video on this topic my guy. I have an interview today with an All-State family owned company. I'd be a Licensed Sales producer and one of the things they ask is are you motivated to bring in 6 figure income. It would be a remote position so I don't know if that's more difficult than the traditional walk in offices.

[@kratiafranco5007]

I just watched this video and got hella motivated!! It;s not too many insurance videos that hold my attention the entire video, YOU ROCK!

[@CodyAskins]

Thanks for watching!

[@king_piratezzz4581]

@@CodyAskins quick question if you were a insurance broker what were you doing smd what type of insurance were you selling.THX FOR READING:)

[@LifeIsTrulyMagic]

I’m completely new to Insurance. I’ve worked factory for 8 years I’m done. My health has declined and I knew I wanted a change. My best friend works insurance she still can’t get licensed but she got me a spot in her agency. I start Monday and I’m nervous as hell! The agent interviews many candidates even more qualified than me. He said I’m the one. Not sure what he saw in me but he’s been doing this for 42 years. Right off the bat he said exactly what you’re saying Cody. “Prospects and getting in front of people “ I’m a very social person and I posses charisma. I’m a hard worker and very ambitious and unsatisfied I want more. I think he sensed that enthusiasm in me. Thank you for this video and introducing insurance to us. Hearing you were once completely new and still having very ambitious goals your first year really motivates me to go in with my head right. I’m 32 but I feel like a 18 year old headed to their first real job.

[@heavenbradley8110]

How have things been so far?

[@dariolinan3029]

How are you doing currently?

[@MrKP-fp9zb]

Mr. C, You're the MAN on the Job, thanks for sharing this amazing teaching video. Mr. KP

[@CodyAskins]

You are very welcome! Have you registered for the 8% Virtual Insurance Conference coming up? Would love to have you on there, you can register for free here: bit.ly/3rnGJtg

[@coltonshelow1033]

Love the very down to earth info

[@CodyAskins]

Glad you enjoyed it..I'm here to help 🙏

[@ramonzakia]

I was the 1,000th like and for some reason it’s conformation for me to continue with my Insurance journey 🙃

[@divinebred]

Thanks cody!

[@coltonshelow1033]

Keep up the very educational videos good job and thank you

[@CodyAskins]

Will do! Thanks for watching Colton 🙏

[@Ayoodynasty]

Currently in the interview process for allstate and now im extra motivated!!

[@choyceingram7351]

How is it going?!

[@Ayoodynasty]

@@choyceingram7351 got in with all state but then left for a better company that pays hourly with commission

[@Rick_402]

What considered better? If you don’t mind. I’m an agent right now and left a high paying job to try this not going good 3months in.

[@Ayoodynasty]

@@Rick_402 preference is up to you. Do you like creating your own leads and feeding your own pipeline? Or do you want stability

[@reecethatruth]

Just started my journey to become a life insurance agent! This video was awesome and a great breakdown!

[@HotBoxTheCoupe]

I would like to start. I’m 21 with no college degree. Is this something I can even do?

[@jermaineking8777]

@@HotBoxTheCoupe you don't need a college degree to get an Insurance license

[@ladydede88]

Very helpful thank you

[@CodyAskins]

You're welcome!

[@hashembeitvashahi405]

Thank you Cody

[@indigomarine91]

Its only a matter of time bro

[@CodyAskins]

No problem! Thanks for watching

[@bdgaming7785]

very good video

[@shaniyajulie629]

I’m 19 I take my test next month, I’m pretty excited

[@terelljones9729]

Me too

[@Clasmin]

i hope you passed and if you didnt keep trying until you do!! im not in the business yet or studying quite yet, but i will be soon blessed be!!

[@JJ-de8hg]

Did you pass? I'm very nervous is it hard?

[@shaniyajulie629]

@@JJ-de8hg no i didnt pass im studying as we speak, and its not hard atall you just have too understanding the concept !

[@srockafella78]

@@shaniyajulie629 Keep grinding. I didn’t pass the first time but I passed it on June 15th

[@dhayden1981]

Cody you are AMAZING! Im gonna have to buy your book. I'm intrigued.

[@CodyAskins]

Thank you! Here's the link to my book: www.amazon.com/Zero-6-Figures-Broke-Earning-Figures/dp/1641846623/ref=sr_1_1?crid=2QPXCE1T0G8O9&keywords=cody+askins&qid=1695647635&sprefix=cody+askins%2Caps%2C105&sr=8-1

[@drizzythagod6730]

Currently Doing my Pre licensing ! doing my test Jan 10th wish me luck!!!

[@troystephens5735]

Hey Cody what's your opinion on captive companies, or starting captive in the insurance business?

[@aaronyoung64]

I was a "captive" Farmers agent for 8 years. I personally didn't like it but the one good thing was was the subsidy they paid me for the first 2 years which helped me get started. I sold my Farmers BOB and am now a truly independent Medicare, Health & Life insurance agent and I love it! It is way better than being a captive agent for sure and the commissions on life insurance is around 95 to 100 percent rather than the 40 percent Farmers paid me.

[@prophetmathis9436]

Thanks for in info, video, and motivation. I just pass Florida Life Exam. I'm ready to for the next step and make money!

[@CodyAskins]

You got this!

[@alexspicer6043]

How's it going so far?

[@prophetmathis9436]

@@alexspicer6043 Actually its going pretty good!

[@zehell777]

@@prophetmathis9436 tell us about it :D

[@jayfrz7567]

I’m in Florida too how is it going for you?

[@PsychicX720]

The 15 people that disliked this probably failed lol

[@CodyAskins]

Most likely! 😂 thanks for watching

[@PsychicX720]

@@CodyAskins I really appreciate your videos! I just started a couple weeks ago as an agent at all state but I’m still in the process of getting my property and casualty license. I’ve never done this kind of work before so I’m definitely Open to as much as I can get!

[@DanielPerezVidz]

Goal setting in sales? No way! Never heard of such a thing lol

[@mixel8950]

Any recommendations of company's from rhode island? I just won my test and was hired by Fisher but just found out it's AIL and I'm not sure and worried!

[@nickalvarado1692]

Are these commissions reflecting agent who owns an agency or just an agent who works for an agency

[@theunpopularmillennial3413]

So say they agree to a monthly premium. Do you get half of that monthly payment at 50%? Compared to them paying in full? How many people actually pay in full?

[@jordinhassen]

It depends on the comp level your at depending on if your captive or independent.. life ins can pay you in advance, so they pay you 9 months of prem , some is as earned as well which means your going to get paid every month as long as client pays that month.

[@auntjossy4161]

I have a question about WFG. Is this a good captive agency? All I hear in the morning meeting is recruit even without any clue about what am doing. I just passed my exam so I need to know what am getting into. Anyone been with WFG/WSB before? What’s your experience? Pls help a sister.

[@johnwhitmore85]

Health and Medicare is mostly done remote right? as far as the 50k year where do you get the leads etc ??

[@CodyAskins]

It can be yes. I know many agents making good money selling remotely. My company produces some of the best leads in the country, give us a call at 833-402-4368 and we can talk more about how it works!

[@gunNyou1212]

Hello Mr. Atkins. I just had a few questions. 1. With covid being so active now can you explain how I would able to communicate with others? I noticed that it was one of the key things to being successful in the video. 2. Could you give some advice on how to do tele sales? and be successful remotely 3. Some tips on how to pass the licensing exam?

[@ItsShayy]

People are doing it over the phone which I think is way better

[@terraspurlock]

I’m doing my license now. I’m scared but I am determined

[@LifeIsTrulyMagic]

Girl I’m scared too. I just passed my test. The agency Ill be working at won’t even let me work there until I had my license. I start Monday and right off the bat he said he’s getting me in front of people. Lmao I’m nervous as fudge but fuk it life is too short for mediocre jobs !

[@indigomarine91]

**Leads**, personality, salesman vs serviceman, company

[@sarabailey-la2022]

I’m studying for Life Insurance!!! Did you say 6 figures 😊

[@OneLightYearAway]

Hey guys! We get you confirmed appointments! We have 25 go getters appointments setters ready to help you!

[@fb510m]

"the whole trick to this is".....number of work hours / week. you're talking 80 hours per week. average people want to work 40 hours per week, and they earn 50K. want 100k? sure work 80 hours/week.

[@silvestrecontreras8078]

What is your opinion on primerica ? 🤔

[@Dahmer_Jeff]

Garbage. Cult vibe. Run.

[@ivancazares1294]

How much did you spend on leads?

[@juicylyricstv1640]

can you send all of this from board to microsoft word?

[@PcfulSol]

Im 73% done with my pre licensing

[@jordinhassen]

Yess best decision! Keep pushing, as long as you have the basics/concepts down you WILL pass! I believe in you and wish you the best in your journey 🔅

[@PcfulSol]

@@jordinhassen omg Thank you!!! I failed it…but i just wasn’t studying as much plus i had a lot going in. Im preparing to take it again but this time i been studying way more. Hows its going for you?

[@jordinhassen]

@@PcfulSol who are you doing your prelicensing with? im still new, but i was in your shoes i kept putting in back burner, wasnt studying/ taking the full prelicensing with xcel and they really help imbed concepts and the questions for you! you will pass thisnext time :D

[@PcfulSol]

@@jordinhassen Xcelsoutions…. The insurance company that got me on was first family life. Im crossing my fingers

[@paultexasusa1366]

WHATS THE BEST COMPANY FOR CAPTIVE AGENTS?

[@johnsunday6508]

How can I get insurance job in Canada?

[@markanthonyborde7159]

I just signed up with the PHP’s Agency. Have you heard about them? Any suggestions would be much appreciated! Thanks!

[@CodyAskins]

Yeah definitely.. Patrick Bet David is actually speaking at my conference 8% Nation later this summer. Would love for you to be there! www.8PercentNation.com or call 833-402-4368 and we can give you a good deal on tickets 🙏

[@CodyAskins]

Also, I just released an insane offer for new agents if you're interested in fast-tracking your success in this industry. I'm giving away my 7 best training courses (retail value is $3,300) for only $99.. this is a limited-time offer so let me know if you'd like to learn more or take advantage of it today... Here's the page where you can learn more about it: bit.ly/3ac6yGF

[@richardmelendez2]

Is auto insurance on its own (no home insurance) lucrative as well?

[@jamesoncollins8931]

crazy my commission is 70% with advance commission with health.

[@jamesoncollins8931]

also no cold calls all leads

[@POSSLLC]

Where do you work?

[@selenearteaga6865]

So you gonna tell us or?

[@casanovacasanova5464]

I am about to get into insurance, but I have doubts now, why, I think one of the person has taken a policy out without my permission, trying to see How can I verify it, he said ge wouldn't do it, yet I overheard him saying that he has 3 policies he's paying on and the person's do not know.I don't know if he was joking or not, BUT, You ever get the feeling that something is not right with someone? My guts turning everytime I see dude, How do I find out if he falsely took a policy out on me and my child without permission

[@graceintore1071]

Is exam x recommended ?

[@CodyAskins]

Yes

[@chasestevens3478]

I just stated working at State Farm is this possible to be as successful as you ? I just started studying for my state license

[@CodyAskins]

Yes definitely. Here's an interview I did with a State Farm agency owner, you might find some value in it: kzbin.info/www/bejne/Z6OkioJmpbyiqJY

[@chasestevens3478]

@@CodyAskins thank you so much

[@CodyAskins]

@@chasestevens3478 No problem!

[@lastchocoltatedrop492]

How are you working fir then without being license

[@Montes88r]

What are your sources

[@bsocool100]

what a way to start a video lol

[@alonzogomez9390]

Any good companies to work for in Florida

[@themartinchonicles2544]

New York Life

[@shannonlove1739]

Primerica

[@MultiDashing123]

What’s the math? If I work for insurance company that does 100% Commission

[@jasonk7903]

Can this be done with just FB leads? Or, are these numbers based on a mix of DM and FB leads?

[@CodyAskins]

This can be done with just FB leads.

[@DagnirRen]

@@CodyAskins What are FB leads? I'm currently working on my license course and have no idea XD

[@CodyAskins]

@@DagnirRen FB Leads are simply leads that are generated with Facebook Advertisements... I have several programs for new agents to learn and grow in the industry. Let me know if you're interested in any of them!

[@jordansmith1932]

Cody Askins I’m interested! I’m in Missouri and looking for as much training and help as I can get. Getting licenced next month and have a job lined up with agency.

[@emil2580]

car insurance or life insurance?

[@CodyAskins]

I train more on the life insurance side but many of the trainings I do can easily be applied to both.. we also have some P&C specific content as well. Thanks for watching!

[@sk8eracl]

Can I work for you please? Lol

[@sammyv9167]

I live in a somewhat small town, what happens when I run out of leads?

[@CodyAskins]

You can always get leads to the closest city to you. Sometimes you may have to drive an hour or two to make this happen but if you know the numbers you need to hit, it can be financially worth while.. Also, you could look into telesales and selling policies completely over the phone. Let me know if you need any additional help or tips!

[@CodyAskins]

@Rafael 💥💥💥

[@johnnyripple8972]

A 50% close rate? Sure sure. Someone selling Girl Scout cookies outside a weed dispensary wouldn’t have a 50% close rate.

[@davidtonche2860]

It’s not about the money spider man

[@bobdobbs7828]

Great video but the way you wave your hands around is very distracting.

[@carpit1000]

Second month on the job and I feel like I’m losing my self mentally. I need help or I fear I’ll be back to a regular job soon.

[@pedropichardo866]

Don’t give up trust the process

[@healthiswealth77711]

How are you doing? My suggestion is choose a target market you'd like to work with. If you're trying to help everyone you won't get many leads. Narrow it down to a couple groups of people who you want to help.

[@jumperman1962]

Sick and tired of these so called expert and there “systems”. … Especially those that sells something…

[@TheDirtylacesTv]

Is the test hard??? Everyone keeps telling me the test is crazy hard

[@TheRacy]

it's hard

[@SandraFernandes621]

I JUST PASSED THE LIFE EXAM ON SATURDAY AND I DIDNT THINK IT WAS THAT BAD.

[@auntjossy4161]

I just passed my exam on Monday. It’s doable. Just commit to studying and passing. You got this. Breathe and say “I passed”.

[@IgnacioFlores.]

He lost me at "WHY NOT".

[@eliteshooter989]

He had me until this guy thought there were only 50 weeks in a year. Not a reliable source of info.

[@hunterstandard3611]

You’re never gonna work 52 weeks a year that means you worked 365 and that don’t happen

[@PHAToregon]

Not a bad video, however the stench of Kool Aid permeates it terribly.

[@SoftOceanBreeze]

Making this much money through merely selling insurance shouldn't even be a thing, 50000 sounds like what they deserve, they don't deserve as much money as MDs

[@davepazz580]

Commission-based jobs are much different from salaried positions...

[@SoftOceanBreeze]

@@davepazz580 ya they require less hard work

[@toofunny7318]

@AFMJC exactly

[@mets23232]

Can a convicted felon do this type of work?

[@marieclay1981]

I'm glad I came across these videos 🥰 been getting insurance companies responses from monsterjobs about speaking with me