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Opening An Insurance Agency

Reginald Said:

I'm looking at opening an insurance agency. Wondering whether to go with as an independent co. or brand name

We Answered:

I own an agency and I decided to be independent. The biggest reason that I chose to go independent (which wasn't mentioned above) is that alot of the time if you are a captive agent you don't own your book of business..if you don't own your book you really don't own anything. You're expenses will be higher as an independent, but there is still sub money available to you with some companies and you can write off all of your expenses. Also, as an independent, you're not dealing with your company breathing down your neck to produce. You can go at your own pace, which is exactly what I was looking for. I don't want to be a "door knocker". With good company diversity, I can place insurance for anyone that comes through my door.

Theresa Said:

can anyone help me on the steps i need to take to be able to open an insurance agency in miami ?

We Answered:

call the dept of insurance in florida. they will be able to help you.

Ashley Said:

Where can I find something online about opening an insurance agency?

We Answered:

Insurance NewsNet is a good place to start - http://www.insurancenewsnet.com/

Also, you may find this article useful - http://www.insurancenewsnet.com/article.…

Good Luck

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