Starting Out in P&C

[CaptiveGuy]

If you want to own your own agency and make more money.....

We need to stop helping everyone or else every producer is going to want to own an agency .

 

[djs]

You can do whatever your contract says you can....

There are a multitude of reasons for people to be producers rather than agents. Truth is, producers, because they have far lower expenses, frequently make more money than an agency/owner, especially in the early years.

Running a business is not for everyone.

Sales71 - No, not part of SIAA, though I'm considering it. There are some markets here that a cluster is the only way to get access with binding authority. Outside of that, I either use a different carrier or write through a GA, such as Superior Access.

Dan

 

[Guest]

for the upteenth time in this post, YOU CAN DO WHATEVER YOUR CONTRACT SAYS, getting the agency owner to go along with what YOU want is a different thing!

YOU CAN DO WHATEVER YOUR CONTRACT SAYS

YOU CAN DO WHATEVER YOUR CONTRACT SAYS

YOU CAN DO WHATEVER YOUR CONTRACT SAYS

 

[jhplat5685]

It's a close family friend

There is no contract.

 

[Guest]

It's a close family friend

There is no contract.

I DONT CARE who it is, YOU Better have a contract.

 

[Sales71]

It's a close family friend

There is no contract.

Close family that how things go wrong. Just remember business is business.

 

[jhplat5685]

What should be in the contract?

What are the consequences of not having one?

 

[Bertolinoins]

What should be in the contract?

What are the consequences of not having one?

Talk to an attorney. Be very clear with the agency what your expectations are and they are either OK with that or not. For me, I have little interest in acting as an incubator for future insurance agency owners. I don't know why any agency owner would.

 

[Guest]

What should be in the contract?

What are the consequences of not having one?

WOW,

Future burger flipper in the making......