I'm going to try and keep this short. I have about 6 years in the insurance industry. One full year of managing an agency on my own while the owner was taking care of other things. P&C and L&H licensed in NY. I'm 26, I think opening an agency now is a good career choice.
I spoke with a Smart Choice rep (30/70 commission split) about starting with them as a cluster. What I don't like is that it takes away from the 'neighborhood agent' feel. People need me for the initial sale, but that is it. From what I was told I can't service their policies for them, take payments, or even get them ID cards. I want to stay Independent for now because I don't have a lump sum of cash to become a captive with a large company. Before I go throwing all of my eggs in one basket I am seeking advice. Anyone's experience with one cluster vs another.
I've looked up potential locations, costs such as rent, furniture, wifi/fax/phone, utilities.
Any help/advice is appreciated. Thank you
Craig
I spoke with a Smart Choice rep (30/70 commission split) about starting with them as a cluster. What I don't like is that it takes away from the 'neighborhood agent' feel. People need me for the initial sale, but that is it. From what I was told I can't service their policies for them, take payments, or even get them ID cards. I want to stay Independent for now because I don't have a lump sum of cash to become a captive with a large company. Before I go throwing all of my eggs in one basket I am seeking advice. Anyone's experience with one cluster vs another.
I've looked up potential locations, costs such as rent, furniture, wifi/fax/phone, utilities.
Any help/advice is appreciated. Thank you
Craig