Insurance Agent Forum

Hi All,

Recently we joined one insuance Affiliate pogramme, and gave a try to Twitter to generate some leads by using our existing twitter channel. The results were great.

If I were to buy an Allstate agent's books for $100,000 of my own cash, how much should I reasonably expect to clear after expenses, assuming I worked alone for the first year and had approxemently $20,000 in overhead a year?

I'm an Independent Insurance Agent in GA and want to know how do you become a Broker?

I've read so many different things for example:

-There is no real difference between agent/broker/producer
-To be a broker you must have been an agent first depending on what state you live in
-Brokers don't have contracts with Insurance Companies

Is it better to be a Broker than an independent agent because you can negotiate the price for clients?

What else is required to become a broker besides a surety bond?

Thanks.

Can please somebody help me with some of the risks involves in captive insurance company loaning back to their parent company?

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Don’t Give the IRS Every Last Drop

January 4, 2010

By Lance Wallach

Have you seen the commercials where certain companies advertise that they can settle an IRS debt for “pennies on the dollar”? Usually the offer is too good to be true. Besides, you never want to have the problem in the first place.

The chances of an individual being audited have approximately doubled since 2000. So you need to be careful with your tax return.

Also any info regarding what percentages would be helpful.



I am new to the business and beginning to think the numbers don't make sense.

is horace mann a good company to work for

do you own your book of business

how much upfront money do you need to become an agent with horace mann

do they have retirement plan

how about seed accounts

do they stress financial services and life insurance

how competitive are there auto and life insurance rates

do you need a series 6 license

I worked in the home office of a life insurance company for almost ten years and loved the business. After fifteen years away from the field I am now a property and casualty agent with an independent agency. I would like to link up to some experienced P & C agents on this site to learn more through their knowledge. Anyone qualifying???

Does anyone know of the name of a system for independent agents that is available that assist with completing applications?
Example: I need a quote from three different companies--in lieu of completing three applications--i would just enter information onto one and it pre-fills it to the other two apps?
Thank you.

I called my agent and got a quote for a lower price than I was paying, so I switched. Now I got a bill in the mail saying the price went up. Can I sue?