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AR15.COM
9/29/2010 9:30:47 AM EDT
I have a question. Do you get more of the way of compensation for writing a new policy vs. just a renewal or is it pretty much a wash?

9/29/2010 9:36:44 AM EDT
[#1]
I get the same with most companies.  A few pay less for renewals.
9/29/2010 9:45:34 AM EDT
[#2]
Quoted:
I get the same with most companies.  A few pay less for renewals.


OK, thanks.  I've been trying to figure out why my agent has been pushing me to change. Long story short, they hawked new company as being cheaper, after I gave both policies a close look it ended up that the new one was actually more expensive. Needless to say, I'm not switching.
9/29/2010 9:47:16 AM EDT
[#3]
60-65% of companies pay a little less for renewals.


Example:
non-standard auto insurance generally pays 12-15% for new policies, and 10-12% for renewals.