I'm looking to start an independant auto insurance firm. What are the things envolved?
I like to create a new insurance firm where the firm's policeis are independant.
What legal blocks and or issue are there if any?
2006-07-17 10:01:14 · 5 answers · asked by PayPer 1 in Cars & Transportation ➔ Insurance & Registration
Your best resource is to go to your state's Dept of Insurance Web Site. You will need to be a licensed agent, financial stability, state bond, merchant bank account, fast internet connection, "know" people within the business, experience and a high enough bond amount to gain company appointments, etc. etc. Not easy but can be rewarding if done right.
2006-07-23 19:07:58 · answer #1 · answered by Carl Parker 2 · 0⤊ 0⤋
1
2016-09-24 23:38:58 · answer #2 · answered by ? 3 · 0⤊ 0⤋
You need tons of MONEY and very good ATTORNEYS. Go sit down with a lawyer and ask what is required in your state. You will be amazed. I put off my small business venture for another year to save up the capitol I am going to need to move this forward with no debt.
Good Luck
2006-07-17 10:05:08 · answer #3 · answered by ubet426 4 · 0⤊ 0⤋
see if there are any franchises availible in your area
thats about it unless your rich as bill gates the first clain of 10 mill will kill ya
2006-07-17 10:16:30 · answer #4 · answered by mobile auto repair (mr fix it) 7 · 0⤊ 0⤋
I will like to know the some thing, if anyone know the answer to this send it to me at
Nogme@yahoo.com
thank you...
2006-07-20 06:38:16 · answer #5 · answered by Nogme 1 · 0⤊ 0⤋