Auto Insurance Companies

Dec 11, 2015

  1. Simple105
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    Simple105 New Member

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    Hi we opened up a P&C brokerage in NY about a year ago we get are auto quotes true .. But we're not direct
    We got told we need about 2 years to get direct with companies like progressive Safeco travelers
    Is there any truth to that in is there any way to speed up the proses??
    (Cause are rates are higher than are competitors cause there are 2 middle guys who chip commission)
     
  2. BlockO
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    BlockO Guru

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    every company has their own criteria as far as appointing agents. a lot of companies will be more interested in what amount you've written in premium vs. how long you've been in business.

    my advice would be to visit each carrier's website and apply. the worst they can tell you is "no"..... most sites have a link that says "become an agent". it usually only takes a few minutes to apply to each carrier. just make sure to have someone edit your spelling and grammar before you send it off.
     
    BlockO, Dec 11, 2015
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  3. HCCIA
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    HCCIA Expert

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    Make an agency resume. Mine is about 20 pages. Include agency philosophy, marketing plans, history, current markets, production & loss ratios, income statement, balance sheets. Etc.

    You need to sell yourself and stand out from the competition. Most markets are looking for $1M books and low loss ratios. But for an eager, hungry, growing agency - they make exceptions. Hope this helps.
     
    HCCIA, Dec 11, 2015
    #3
  4. ABAInsurance
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    ABAInsurance Super Genius

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    Progressive should be easy to get a direct appointment. Where in NY?
     
  5. Simple105
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    Simple105 New Member

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    Thanks guys for all the information.
    We're located in Brooklyn & upstate.
     
  6. QuotePie
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    QuotePie Expert

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    Progressive or Berkshire
     
    QuotePie, Dec 28, 2015
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  7. Zaphat
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    Zaphat Expert

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    I think a Berkshire
     
    Zaphat, Jan 11, 2016
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  8. Heather
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    Heather Guru

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    Are we talking about Berkshire Hathaway, like the people who own Geico or is there another Berkshire?
     
    Heather, Jan 12, 2016
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  9. benben
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    benben New Member

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    Hi, I plan to buy a car in SF and I need a full coverage to lower risks. My question is simple: how there specifics for foreign people when subscribing to a car insurance? Ben
     
    benben, Jan 21, 2016
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  10. benben
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    benben New Member

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    For example, if I choose a full coverage (physical damage, liability, collision) will I be charged additional fee as a foreign worker?
    Hopefully it's the right place to ask.
    Thanks, Ben
     
    benben, Jan 21, 2016
    #10
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