P&C Carriers

[quamz0]

Is P&C similar to life as far as the appointment goes? Also what are some good companies to get started with? (Just got licensed for life and I want to learn as much as I can about the insurance business a whole)

 

[djs]

No.

P&C is much more transactional driven. Life is desire driven.

With some exceptions, people don't buy life insurance because they have to, they buy it because they want to. Different sales process.

P&C is bought because something happened, such as got a license, got married, bought a home, bought a car, got divorced, etc. Some of this lines up with life opportunities, but the mindset is different.

Dan

 

[quamz0]

No.

P&C is much more transactional driven. Life is desire driven.

With some exceptions, people don't buy life insurance because they have to, they buy it because they want to. Different sales process.

P&C is bought because something happened, such as got a license, got married, bought a home, bought a car, got divorced, etc. Some of this lines up with life opportunities, but the mindset is different.

Dan

Thanks for the response Dan, I was referring to getting appointed by a carrier to sell p&c. I was just wondering if the process is the same, get a license send in a contract start selling kinda thing or if there are production requirements or anything along those lines.

 

[CaptiveGuy]

Thanks for the response Dan, I was referring to getting appointed by a carrier to sell p&c. I was just wondering if the process is the same, get a license send in a contract start selling kinda thing or if there are production requirements or anything along those lines.

P&C is much more difficult to get appointed. You need experience, a book, or join a cluster to get the preferred carriers you need to be successful long term.

You can get the non-standard companies easily but it's not like life insurance where the carriers sign up almost anyone.

 

[quamz0]

P&C is much more difficult to get appointed. You need experience, a book, or join a cluster to get the preferred carriers you need to be successful long term.

You can get the non-standard companies easily but it's not like life insurance where the carriers sign up almost anyone.

Can you point me in the direction of a good "cluster" or more information regarding this?

 

[xrac]

The site below has information on P&C clusters:

Insurance Agencies for Sale | AgencyEquity.com

 

[djs]

In short, there is no such thing as a good cluster. There are some that are better than others, but it tends to be a very regional thing along with your personality.

You have to do the research.

Dan

 

[BearNorris]

Global Green, goosehead, the woodlands financial group, etc.... There are a lot out there. Each one has its good and bad. Take about a month and talk with atleast 5 firms or clusters.

 

[xrac]

The state you are located in can make a difference as to what clusters or aggregators are available.

 

[quamz0]

The state you are located in can make a difference as to what clusters or aggregators are available.

located in arizona if that helps.