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Roberto Said:

Would corporate auto insurance be less expensive/cost effective than personal/consumer auto insurance?

We Answered:

OK, here's the scoop. I've done this from both points of view. For a while, about 10 years ago, "youthful operators" and bad drivers were trying to avoid surcharges by putting personal use vehicles on a commercial policy (because commercial policies don't use "points" to surcharge drivers).

Nowadays, a company isn't going to offer a commercial auto policy to you, a primary youthful operator, unless 1. you have a minimum of five vehicles, and four of them have primary, over 25 operators 2. you've got a spotless record and 3. all the vehicles are owned in the name of a corporation. You flat out are NOT going to be able to get a private passenger type vehicle, owned by an individual (aka, sole proprietor) insured on a commercial policy.

Residency doesn't matter - vehicle garaging location is what matters, AND your driver's license, AND the state that the company is domiciled in.

Now, you're going to have to call an agent for sure, but in my experience, the ONLY companies willing to write a commercial policy on a 20 year old operator (assuming non- fleet policy) with NO commercial prior policy, are Progressive and Tico. Oh, you can find nonstandard carriers, they will NOT be cheaper. But BOTH these companies surcharge HEAVILY for operators under 25, exclude ALL coverage for ALL nonlisted operators, and ALSO will use your personal credit score for rating purposes.

So the bottom line is, companies arrange things so it's NOT cheaper for a youthful operator to get a commercial policy, and second of all, I seriously doubt you're going to get anyone to offer you the policy in the first place. But you should go to whatever agent writes your general liability policy, and ask them to get you a quote.

Alvin Said:

What kind of a world are we living in where cartoons are selling some of the most important things?

We Answered:

Yes - this really is the way that advertisers see the general public...

Here's why:

Because it works - and that's our faults. They wouldn't spend all that money advertising if it didn't work, so who's to blame?

I don't buy anything because of a cartoon - but if it works on everyone else, what do you expect them to do?

Tracy Said:

Is my first insurance payment free if the company makes a mistake?

We Answered:

The broker company will eventually realize their mistake when they do their accounts at the end of the quarter ( or half yearly or whatever )..then they will ask you for the payment. A similar incident involving a bank transfer to a private party had happened to me.

Kathleen Said:

About Auto Insurance?

We Answered:

In this site you can get quotes from the best companies in your area, its the best way to get your insurance.

ginsurance.notlong.com

good luck

Melvin Said:

I would like to open my own auto insurance brokerage, but I dont even know where to begin?

We Answered:

You would need to be affiliated with an insurance company authorized to underwrite in the state in which you desire to start a business. You would contact them and seek to become an agent. You will need to get a license to sell insurance, usually a General Lines license for P&C (property and casualty). Continuing education is required by the various states to maintain your license. Some agents later become claims adjusters and underwriters.

I would start by doing some research. Perhaps talking to someone who owns their own agency and finding out how they made their first contacts, etc. I would also use the resources of your state's workforce commission to research the job, compensation, and industry.

Before you jump in and invest your own money in starting your own agency...try becoming an agent for someone else, first. You may like it, you may not. Get a little experience and do well, the insurance company may approach you with the opportunity to open a new office...and help you down that road.

Good luck!