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But these same guys drank the koolaide for 5 or more yrs . Now that they got nailed sl is suddenly trash .Price is on All the big Facebook groups and knows many Indy Fmo's . It's prosperous to think he didn't know all the pitfalls with his contract . This is a lesson of being all in with one carrier . It's no different than having all your money in one stock . Even an Independent agent should have his contracts with 2 Fmo's . Business relationships are no different than marriages . Things can go bad
Yeah I bet it sucks for someone to have to put their foot in their mouth. Happens all the time. People love their companies and even imo then when something goes bad they hate them. I'm sure they will be fine. It only takes a couple of days to pick up a new carrier. David price posted on Facebook he already wrote more than 200k with his new carrier lineup.
I think going all in on one carrier is the same as someone going all in on any one job or business.
It's only in the insurance business that people think diversifying in the same market will bring you higher job security.
We're all just one department of insurance investigation or major lawsuit away from losing all of our company appointments regardless of how many carriers or imos we have.
Maybe even a bad bankruptcy or a political Facebook post going viral