Thinking of changing careers

Jul 30, 2008

  1. cathead
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    cathead New Member

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    Have been a lumber salesman for eight years, we all know where that line of work has went too. I have read some threads and some of people really like the L&H, but I feel like I would be better suited for P/C? Will the internet take over the "Insurance Agent" in the future? I live in IN 10 min from louisville, KY is this a good state to sell insurance? Should I try to get licenses in both IN and KY? Thanks for any good advice


    Steve
     
    cathead, Jul 30, 2008
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  2. xrac
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    xrac Guru

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    You will definitely want to work both states is my guess.
     
    xrac, Jul 30, 2008
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  3. cathead
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    cathead New Member

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    Why does so many people dislike p/c?
     
    cathead, Jul 30, 2008
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  4. gradyinsurance
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    gradyinsurance Super Genius

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    I wouldn't say that we "dislike" P&C. Simply put, it's harder for an independent agent to get into P&C than Life and Health, due to the cost of the E&O, having to have a retail storefront/office, the stringent appointment requirements of most carriers, etc. All of us would like to offer products that individuals are required to buy (i.e. Homeowners, Liability Automotive Insurance), but, that is contrasted with the smaller commissions that P&C products pay, at least initially.

    Anyway, thats my opinion.

    Dave
     
  5. saieddie
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    saieddie Guru

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    Who dislikes p/c? This is just a health insurance sales heavy board.
    That and health agents just have more time on their hands to post and are more likely to post all day, every day.
     
    saieddie, Jul 30, 2008
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  6. Crabcake Johnny
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    Crabcake Johnny Guru

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    It's health insurance heavy because we can make great money without killing ourselves. You won't find too many P&C agents here - they're busy working twice as hard to make half:-)
     
  7. cathead
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    cathead New Member

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    What is the ballpark price for e/o insurance :Indiana:
     
    cathead, Jul 31, 2008
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  8. gradyinsurance
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    gradyinsurance Super Genius

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    For P&C, probably 450.00/month, at least. Not to mention, if you are a freshly minted agent, it will be practically impossible for you to get a company.

    I tried to break into P&C once, and nobody would even consider giving me an appointment, until I had spent some time (i.e. 3-5 years) in an agency. Which, I couldn't do, because I'm unwilling to give up my business. The only possible way you could do it, would be to go through an aggregate, like Potter Group, but, it has its drawbacks, too.

    Good Luck,

    Dave
     
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