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Insurance Agents And Brokers
Sheila Said:
All Agents and Brokers....?We Answered:
No big deal. Most people don't care about the words we use and there are better ways to describe the differences.http://www.clarifinancial.com
Eva Said:
How can I find an independent health insurance agent/broker in Virginia?We Answered:
www.NetQuote.comI am an independent agent. They email me people needing my products and services as soon as they complete an online questionairre. Be ready to answer the phone or check your email within a half hour..
Raul Said:
How to get bonded as an insurance agent/broker?We Answered:
I've never known any life/health agents or brokers who have needed a bond. Depending on what kind of bond you are looking for, the cost would vary.I think you're confused, though.
In order to sell insurance, you have to pass a knowledge test, pay for the license, and not be a convicted felon. THEN, you have to talk an insurance company into letting you sell their products.
Lots and lots of people can't pass the test.
Edith Said:
How do I get my auto insurance broker license in CA??We Answered:
Insurance is run by Departments of Insurance in each state, so do a dearch for California Insurance department and it will give you the requirements for a license.Good luck!
Jessie Said:
How do insurance agents make money?We Answered:
Insurance agents are compensated by a percentage of the premiums they write with the company. Depending upon the type of insurance that percentage can be anywhere between 7 and 20%. You won't be making a living on 10 clients.In property and casualty you receive commissions on new business as well as renewals. Life insurance is quite different in that you can make from 40 to 90% on the first year premium and 0 to perhaps 2% on renewal premiums.
Nellie Said:
How do I file a formal complaint against an insurance company's agent whom hosed me over? Based in CaliforniaWe Answered:
You would do that on the California State Insurance Department website.