Slow Eddie
New Member
- 14
Hello all. Cool forum. My wife has her own business doing paperwork and renewing permits for semi truck drivers that haul coast to coast. These guys usually come to her at the beginning stages of going solo because they need certain permits before they can start hauling for themselves.
They also need insurance at that point. We've been referring all of her clients out to insurance agencies and I feel that we are sending money out the window. That is why I'm here. We would like to start writing these policies ourselves and making a commission.
I've read the california insurance web site and its very confusing, or at least not tailored to someone not already in the business. From what I gather a business entity needs a license, as does each individual selliing insurance on behalf of the agency. But who exactly needs to $10,000 bond?
We've looked up the licenses for the companies that sell truck insurance, and they all posess fire and casualty licenses. I assume this is what we need. We plan on keeping this very speicialized, only offering commercial truck, general liability, and cargo insurance.
Also, how do I go about looking for insurance carriers that will let me sell their insurance? Do I need to have this set up before I get the license? What kind of software do I need for real time insurance rate quotes?
I realize this is alot of questions and I'm prepared for the wise ass replies. I can take it.
Thanks in advance. We're located in Bakersfield, California.
Eddie
They also need insurance at that point. We've been referring all of her clients out to insurance agencies and I feel that we are sending money out the window. That is why I'm here. We would like to start writing these policies ourselves and making a commission.
I've read the california insurance web site and its very confusing, or at least not tailored to someone not already in the business. From what I gather a business entity needs a license, as does each individual selliing insurance on behalf of the agency. But who exactly needs to $10,000 bond?
We've looked up the licenses for the companies that sell truck insurance, and they all posess fire and casualty licenses. I assume this is what we need. We plan on keeping this very speicialized, only offering commercial truck, general liability, and cargo insurance.
Also, how do I go about looking for insurance carriers that will let me sell their insurance? Do I need to have this set up before I get the license? What kind of software do I need for real time insurance rate quotes?
I realize this is alot of questions and I'm prepared for the wise ass replies. I can take it.

Thanks in advance. We're located in Bakersfield, California.
Eddie