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Andrea WellsAgency Compensation Playbook: 2013 Agency Salary Survey -
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Terrible company, just another example of taking money from their workers so the exec’s can line their pockets.
I worked there for 12 years (leaving in 2005) and this practice was rampant then. Not only were you paid substantially less, but you were discouraged by local management to write the business. If you did write the business you had to explain why you wrote the account. In addition if you did write the business you were encouraged to request payment in full in lieu of payment options. A horrible way of doing business.
You worked for a company that paid substantially less the the marketplace? FOR 12 YEARS?
Your clients were encouraged to pay in full rather than installments? Oh the humanity.
Neither the article, nor the comments convince me that Auto Club is in the wrong. Why wouldn’t they want insureds with a proven history of good driving and timely payments? Offering less commission for higher risk taking makes sense. As an agent, make up for it in volume if those are the only clients you can get.
Neither the article, nor the previous comments convince me that the company is in the wrong. Why wouldn’t you encourage business that is lower risk through higher commissions?
Building up a clientele so that you don’t have to take on low pay commissions = $250K a year
Suing your employer cuz you can’t hack it = Priceless
Harvey Rosenfraud again?? Can’t this guy find a real job?
Wait a minute!! Since when is it unlawful for an Insurance Company to decide how much they want to pay in commissions? Isn’t it their money? What about free enterprise? Does Harvey now want to control how an Insurance Company spends it money and control commissions? Does he think that the USA is North Korea? What about all the money Harvey has made as a result of Prop. 103? This the real crime!! Harvey needs to go to work for an Insurance Company and an Independent Insurance Agent to find out how the world of insurance actually works. Better yet, he should form his own Insurance Company and do all the crazy things he thinks are right. He would be broke in less than 3 years!!
Fact AAA charges 18% interest if you pay in installments. It is in writing but most people have no idea. Agents filed a lawsuit against AAA and are NO LONGER PAID RENEWALS which MEANS ALL AGENT which sold you the policy of its merits will NOT service it past the SECOND year UNLESS you bring it up during the sale then he will just promise and not deliver…COMMON PRACTICE !!!!! FACTS !!!!