NLIC.org

Erin Said:

I am a commercial insurance producer. What are the most profitable industries to go after?

We Answered:

Commissions are all about the same, except for workers comp which stinks for the work you have to put into it.

The big key is, finding a niche where you ALSO have a market happy to write it. Many carriers won't touch a hotel/motel. Many won't do gas stations. Pizza shops are too small, manufacturers can be high hazard. Printers are high fire hazard. Governmental entities are hard to place, and there's extreme competition, plus they get shopped out every year.

It's hard for someone ELSE to suggest a niche market that you can work in. What has worked for ME, is the video/televison production area. LOL DON'T ask me to share my markets with you!! You'll have to dig up your own, and build your OWN relationships with the underwriters.

Catherine Said:

Commercial property Insurance?

We Answered:

Allstate will write up to 15 landlord policies per policyholder, b4 switching to commercial.

Any type of commercial insurance is expensive, I'd avoid it if possible.

Matthew Said:

I am renting a commercial property - who pays the building insurance - the landlord or me?

We Answered:

Usually yes, as your business id the biggest threat. Read your lease for details, it should be specified in it.

Sheila Said:

Do I need commercial property insurance on a commercial property if I used it only as a residence.?

We Answered:

The answer depends on what type of property it is. I recommend you contact an independent insurance agent and discuss it with him or her. An independent agent represents numerous companies and with an unique circumstance like you have, they will have options with the different companies. There will be no obligation and they will be able to provide you with the correct answer when they have the details.

Shannon Said:

What are the best career paths in Property Casualty /Commercial Insurance? i am a claims analyst?

We Answered:

How do you define 'best'? Someone who starts out as a claims analyst, can end up running the company.

But the BEST one, is usually finding a position you LOVE doing.