Which states are best to get licensed in?

[Travis Price]

OH and MI are totally reasonable.

I looked at GA and balked at the price.

Thanks everyone!

IL and CA are insane

 

[DHK]

Just keep in mind that California is for two years, not one.

 

[lukifer]

Yeah... I'm staying away from CA and IL for now.

 

[rousemark]

Yeah... I'm staying away from CA and IL for now.

You are looking at it backwards.. The question is not how much the license costs.. That is just a normal business expense.. The question is how much business will you generate if you license in a state..

 

[lukifer]

Looking at it from both sides, actually.

Given the pure economic nightmare CA and IL are in, I'd rather not incur those costs without a level of fair confidence there would be a solid ROI. P&C alone in Southern CA is not something I even want to entertain while being remote.

A $40 license I am sure I can recover easier than a $300 one while building a book of business. Also have to look at the costs involved in servicing those clients.

 

[helgaemines]

Start with the states that are cheap to get a non-resident license in.

Hello;
This is what I am doing... begin with cheaper states...

 

[Tahoe Ray]

Looking at it from both sides, actually.

Given the pure economic nightmare CA and IL are in, I'd rather not incur those costs without a level of fair confidence there would be a solid ROI. P&C alone in Southern CA is not something I even want to entertain while being remote.

A $40 license I am sure I can recover easier than a $300 one while building a book of business. Also have to look at the costs involved in servicing those clients.

I don't know anything about P&C but just keep in mind that you also have 40 million people in CA so it's great for life/health leads. They are also one of the few states that require non-res fingerprints so you can't just write them on the fly like other states.

 

[myinsurebiz]

Non-Res:

Start with these States:

MI = $10

OH = $20

SC = $25

TX = $50

VA = $30

WV = $50