What insurance company should I work for….Allstate,Farmers,State farm ,Shelter or BlueCross BlueShield?
July 16, 2010 - 10:45 pm
I just got my property & casualty life & health license….I want to be a insurance agent….I dont have any preferences on what I’d rather sell.
Pretend your me……Who would you rather work for???
It’s always better to go multi-line. In addition to the companies you named, you may want to try Nationwide. You might have to work as an associate, but you’ll get the experience.
After you get about three to five years experience, you may be able to purchase an agency from the company, if someone has retired, died or quit.
If that doesn’t come about, with the experience, you may be able to start your own independent agency from scratch, or purchase one from a retiring agent.
I built an independent agency, and sold it in 2006, when I retired.
July 17th, 2010 at 4:09 am
State Farm, or Farmers.
References :
July 17th, 2010 at 4:26 am
I don’t know about Shelter, but the other ones you mentioned like CAPTIVE agents – that only sell for one company, them.
I prefer being an independent . . .
But if you work for BCBS, you’re ONLY going to sell health. For the most part, if you work with the others, you’re mostly going to sell P&C.
YOU pick.
References :
agent, 21+ years
July 17th, 2010 at 4:32 am
Just because you have your license doesn’t mean you’re just going to go be an agent. It takes lots of time and hard work.
For State Farm, you must also have a college degree, go through multiple interviews, work up a business plan, and then wait for an agency to become open.
State Farm helps you greatly!!! They do a lot for you and are always there if you have problems. But, when you start, you have only a 1 year contract. If you don’t meet your "numbers" ( a certain # of applications) then they will not renew your contract.
It’s competitive and well worth it if you’re in it for the long haul.
GOOD LUCK!
References :
Work for State Farm
July 17th, 2010 at 5:14 am
It’s always better to go multi-line. In addition to the companies you named, you may want to try Nationwide. You might have to work as an associate, but you’ll get the experience.
After you get about three to five years experience, you may be able to purchase an agency from the company, if someone has retired, died or quit.
If that doesn’t come about, with the experience, you may be able to start your own independent agency from scratch, or purchase one from a retiring agent.
I built an independent agency, and sold it in 2006, when I retired.
References :
Retired agent, 30 years service.