Insurance Commission Calculator
Free insurance commission calculator — work out first-year and renewal commission on written premium, including agency splits.
About this tool
Insurance commission is paid on written premium rather than quota attainment, and first-year rates differ sharply from renewals. This calculator takes premium as the basis and lets you apply your agency split.
Frequently Asked Questions
- How is insurance commission calculated?
- Multiply the written premium by your commission rate, then apply any agency split. Unlike quota-based sales plans, insurance commission is paid on premium from the first dollar with no quota gate.
- What is the difference between first-year and renewal commission?
- First-year commission is a much higher rate paid once on new business. Renewal commission is a smaller ongoing percentage paid while the policy stays in force, and it is what turns a book of business into an asset.
- What commission do life insurance agents earn?
- Life products are heavily front-loaded — 40% to 100% of the first-year premium is common, followed by low or zero renewals. Property and casualty pays a flatter rate on both new and renewal business.
- Does the calculator handle agency splits?
- Yes. Set your share below 100% to model an agency or upline that retains part of the commission.