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Become Insurance Broker

Dora Said:

How do you become an Insurance Broker?

We Answered:

If you are a resident of the US, you first have to get an Insurance license. That can be done by taking and passing courses. The state Insurance Department can direct you to the persons giving the courses.
When you are licensed, you have to get a job selling insurance. You then become an Agent for one or more insurance companies.
Get experience, take and pass some more courses, get licensed as an Insurance Broker. In this case you become a representative of the policy holder rather than an agent for an insurance company. The difference: you place insurance with any company as a broker.

Denise Said:

How to become insurance broker in IL?

We Answered:

Your next step, technically, is to find insurance companies willing to let you sell their insurance.

But with no experience, and no idea how the business works, this probably isn't going to happen. You REALLY need to contact a few local agencies, and see if they'll take you on as a producer - an insurance salesperson. They'll teach you how the business works, and you'll find out if you can actually sell insurance or not - and you'll get to use their contracts.

Gregory Said:

After I receive my fire and casualty license, how do i become an insurance broker? Thank you.?

We Answered:

My advice - go work for another broker, build up your book, learn how the business works.

The next step after getting your license, is getting companies to give you contracts. With no experience and no book to roll over, it's almost impossible to do this. You'll need to build a book and get a few years insurance experience under your belt.

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