Conehatta
New Member
.............what is the difference between a "Direct Writer" and a "Captive Agent"?
"Direct Writer" Vs "Captive Agent"............
- Thread starter Conehatta
- Start date
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Captive is like working for one company only..IE farmers, state farm or Allstate. IA agent is being a broker that you contracted with many companies.
They both have there advantages and disadvatages.
They both have there advantages and disadvatages.
Well, shucks...
Direct writer is like Geico, 21st Century, e-surance, etc, where the company actually writes the policy. You are an employee if you work for these companies.
A captive agent is where you are an agent, usually for a single company, but tend to be an independent contractor. You tend to be 1099 with a commission, rather than an employee with a salary (and maybe a small commission).
Some carriers tend to be hybrids.
Dan
Direct writer is like Geico, 21st Century, e-surance, etc, where the company actually writes the policy. You are an employee if you work for these companies.
A captive agent is where you are an agent, usually for a single company, but tend to be an independent contractor. You tend to be 1099 with a commission, rather than an employee with a salary (and maybe a small commission).
Some carriers tend to be hybrids.
Dan
