insurance company capital requirements
How do I start a business as an independent agent insurane.?
I have an agent's license of P & C. I'd like to open a business that sells automobile insurance policies from different insurance companies. I already have a business tax and a good clientele. How do I start and combine taxes and insurance. What are the requirements in addition to the capital.
You have to get insurance companies to sign up. Does not deserve you sentence unless a large number of companies already. "Captive" insurance companies and is willing to develop an agent because he is "locked" and can not sell insurance to another insurer. The independents are not. You need to buy yourself into the business. In some cases, you can find P & C agency that will sell you some customers. Maybe they have 8 companies that sell, and they will sell all customers of the company 1. Or you may find an agent who wants retire, and buy him completely. Another alternative is to join an independent agent for a while. You sell P & C customers of L & H, and sale of P & C to its own customers. After a year or two, keeping your customers and keep yours. This can get sticky. As you can see, there is no good way to get * * in business, except to purchase a retiring agent.
Structured settlement planning must be the standard for the profession.
