Travel insurance is one of the most important parts of planning a trip – it gives travelers peace of mind before they embark on their trip. So, for travel agents who earn money by helping their clients plan once-in-a-lifetime vacations, you’re probably wondering: Do travel agents get commission on travel insurance?
This answer can vary depending on several factors. But first, it’s important to understand more about what travel insurance is, how an independent contractor travel agent works and other ways to earn commission.
How Travel Agents Make Money
What travel agents do can involve a variety of tasks: planning travel, coordinating with vacation suppliers, answering questions from your clients, posting about your business on social media and doing research on exciting new places to travel.
Whether you have the goal of being a full-time travel agent or if you just want to work a few hours for some extra pocket money, this career can be extremely rewarding. So, in what ways do travel agents earn money from this career?
It’s pretty simple: When a travel agent sells a vacation to their clients, they earn commission off that sale. For example, if you sell a Caribbean cruise or guided tour, you’ll earn a commission from that sale, paid by the cruise line or tour operator.
How Much Commission Do Travel Agents Make?
Industry-wide, commission percentages can vary. But the Dream Vacations commission for our independent contractor travel agents is one of the best rates nationwide: a minimum of 60% of the supplier commission on each sale.
Depending on how many clients you work with and how many hours you decide to work, those commissions can add up quickly!
What Do Travel Agents Sell?
As a travel agent, you’re the crucial coordinator piecing together someone’s ideal vacation. Here are some of the pieces that your clients will likely purchase from you:
- Transportation
- Lodging
- Entertainment
- Tours or admission tickets
- Travel insurance
What is Travel Insurance?
Just like other types of insurance, travel insurance protects someone’s investment after they’ve paid for a trip. It’s there for peace of mind, just in case something unexpected happens: illness, injury, flight delays, lost luggage and more.
It’s always a good idea to travel with travel insurance — which means it’s an important piece of a vacation to sell to your clients!
Do Travel Agents Get Commission on Travel Insurance?
Yes! Since this is another piece of your client’s vacation that you’re helping them purchase, you will earn commission. The percentage and terms will vary based on type of insurance, length of trip and other factors. But selling travel insurance will be another way to earn money as an independent contractor travel agent.
On top of that, you’re providing peace of mind to your clients who are setting off on a vacation they’re excited for — and that’s priceless!
Plus, as a Dream Vacations travel advisor, you’ll be able to sell travel insurance handled through our in-house Leisure Care department – providing the best value for your customer and top-notch support for you as their agent.
Join the Dream Vacations Family Today
Planning other people’s once-in-a-lifetime vacations can be one of the most rewarding, lucrative and fun ways to make money on the weekend – or any time that fits your lifestyle. To get started on your journey of being an independent contractor travel agent, register for a free webinar or contact the Dream Vacations team at 888-400-9827 to get started!