Starting an Insurance Agency in Massachusetts

rg_deus

New Member
2
I am an insurance agent with prior experience in insurance. I would like to get into a business of my own by starting an insurance agency. My first choice would be to buy an established agency which is up for sale. However I am not able to find many for sale in MA itself.

Can someone advise me on where to find agencies for sale within MA?

How can I find and contact the brokers who deal with such sales?

For those in this business already, can you please share the wisdom and pitfalls of this business? Is it worth it? What is the future market outlook? Earning possibilites?

If I were to start on my own - what licences and clearances would I need? and from where?

I understand that all of this information may not be available with one person but I will be greatfull for any of your contribution.

I am especially eager to hear back from existing insurance agency owners throughout the country.

Thanks in advance
 
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