How Much Do Allstate Owners Make That all depends on the size of your agency and how much money you are willing to invest up front to grow your business The harder you work the more you can potentially make The majority of Allstate Agents generate between 200 000 and 600 000 gross annual revenue The top 10 earn 800 000 or greater in gross annual revenue
How much does an Agency Owner make at Allstate Insurance in the United States Average Allstate Insurance Agency Owner yearly pay in the United States is approximately 237 304 which is 97 above the national average Salary information comes from 28 data points collected directly from employees users and past and present job advertisements In my experience the average Allstate agency with 350k in commission revenue will net 60 to the owner s pocket whereas an independent agency of the same revenue will net 40 45 A small agency of this size will generally sell for 3 5 to 4 0 x the net due to limitations of cash flow after debt service
How Much Do Allstate Owners Make
How Much Do Allstate Owners Make
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Open your doors you can do things your way You re more than an insurance agent you re an Allstate Agency Owner It takes a special kind of person to become an Allstate Agency Owner Successful candidates are equal parts dedicated and driven They aren t afraid to take risks and turn them into rewards They are passionate about helping The estimated total pay range for a Agency Owner at Allstate is 69K 124K per year which includes base salary and additional pay The average Agency Owner base salary at Allstate is 93K per year The average additional pay is 0 per year which could include cash bonus stock commission profit sharing or tips
Allstate is No 3 in our rating for customer loyalty with 4 4 out of 5 points The average is 4 2 USAA is in first place with 4 9 points while Amica has 4 6 points in second place 89 of people How much does an Allstate Agency Owner make As of Jul 26 2024 the average annual pay for an Allstate Agency Owner in the United States is 114 182 a year Just in case you need a simple salary calculator that works out to be approximately 54 90 an hour This is the equivalent of 2 195 week or 9 515 month
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The average Allstate salary ranges from approximately 39 760 per year estimate for The average Allstate hourly pay ranges from approximately 18 per hour estimate for Allstate employees rate the overall compensation and benefits package 3 3 5 stars What is the highest salary at Allstate The estimated total pay range for a INSURANCE AGENCY OWNER at Allstate is 53K 91K per year which includes base salary and additional pay The average INSURANCE AGENCY OWNER base salary at Allstate is 69K per year The average additional pay is 0 per year which could include cash bonus stock commission profit sharing or tips
How much does an Agency Owner make at Allstate Insurance in Texas The estimated average pay for Agency Owner at this company in Texas is 62 290 per year which is 48 below the national average Disclaimer List of the Pros of Owning an Allstate Agency 1 There are no franchise fees to pay when you own an Allstate agency Unlike other national brands Allstate does not charge business owners a franchise fee when they join the company s family There are no royalty fees charged for your sales activities either
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How Much Do Allstate Owners Make - The estimated total pay range for a Agency Owner at Allstate is 69K 124K per year which includes base salary and additional pay The average Agency Owner base salary at Allstate is 93K per year The average additional pay is 0 per year which could include cash bonus stock commission profit sharing or tips