Hey guys,
So I'm thinking about charging fees for certain carriers or "clientele" such as the dealership auto insurance lapse-o-matics and things like that. Obviously this is while being compliant with state laws.
Here is my question:
When you are charging a fee and the people agree to it, how do you collect your fee? Do you have them write the check directly to you and then you do an agency sweep? What if they use a debit card? I can't imagine saying the client has to pay it in cash or give a check when they probably just have a debit card.
What do you do if you sell the insurance over the phone? How do you charge your fees then?
I looked at some merchant accounts but they are making it cost-prohibitive to take a debit card or check over the phone.
I'm thinking of doing this a little bit and see how it works. This is mainly for some people where I think chargebacks might be an issue but it allows the agency to make a little bit of money.
So I'm thinking about charging fees for certain carriers or "clientele" such as the dealership auto insurance lapse-o-matics and things like that. Obviously this is while being compliant with state laws.
Here is my question:
When you are charging a fee and the people agree to it, how do you collect your fee? Do you have them write the check directly to you and then you do an agency sweep? What if they use a debit card? I can't imagine saying the client has to pay it in cash or give a check when they probably just have a debit card.
What do you do if you sell the insurance over the phone? How do you charge your fees then?
I looked at some merchant accounts but they are making it cost-prohibitive to take a debit card or check over the phone.
I'm thinking of doing this a little bit and see how it works. This is mainly for some people where I think chargebacks might be an issue but it allows the agency to make a little bit of money.