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Michelle Said:

i would like to start a insurance broker agency, i have 4 years experience working in insurance agency.?

We Answered:

I have a few alternatives...
1 Have you considered partnering up with another like minded ambitious individual? or....
2 - have your considered a business within a business... for instance work for an insurance brokerage as an insurance producer, getting a moderate salary as your bring in business equal to the salary agreed upon. This allows you to have your overhead & liability covered while you build your name...not to mention health insurance. This is a much smarter way to start your own business.. your production with the company is directly related to the amount of business your bring in. and one more thing...if you leave the company arrange for an on going commissions for at least 3 years until your get your business up and running. always leave on good terms and at your own recognizance - never burn bridges.. the insurance industry is very big.. but very small.

and one more tid bit of advice... comming from someone who has been there done that...
don't use your savings... build your name with a reputable company as an insurance producer in an insurance brokerage.

Louise Said:

home owners insurance chosen by mortg broker??

We Answered:

No, that's not normal. They should give you the option of using their insurance person or your person. I bet their rate is much higher than what you could find, too! You may want to try a website that compares multiple companies at once to get you the best price. I am paying less than ½ after I did.

Go to: http://www.insureme.com/landing.aspx?Ref…

Take care,
Casey

Clyde Said:

How do I find out if an insurance broker is someone reputable before I pay?

We Answered:

Contact your state's Department of Financial Services or Commissioner of Insurance Office. They keep complaint records.