How about being an Agent for Insurance Company ?

Question

Will be rewarding my career ?

Answer 1

Apply to just companies that sell multple lines like State Farm. Don't go with any Life companies. This advice alone will save you a lot of grief. I did insurance(mostly auto) for over 30 years. Good luck. It was rewarding.

Answer 2

This is what I did and it worked well for me.

I knew that I wanted to be in insurance since my sophomore year in college. I made sure to graduate with good grades and then land a claims job with an established company. I moved up the rank in my three years of claims experience from working small property damage claims to settling large injury exposures. After I felt like I had a superior understanding of the insurance business and how claims are rationalized by the insurer, I felt I was ready to go into selling the products. I quit the company I was with and landed a sales position that offered a salary with commissions. I am fairly new at being an agent and selling the product but I know how to gain and manage relationships which has really helped. No offense to the other insurance agents out there, but I strongly feel that most agents don't know anything about what they are selling. If you can go the route I did you may find it easier to succeed in insurance sales. Your clients will also be better off because you will know a lot more than your competition. Don't get me wrong though, there are plenty of agents out there making a great living and had no experience in insurance when entering the industry.

Good Luck

Answer 3

Property and Casualty Insurance took care of me financially from 1979 to 2005. But I got in before all the credit check criteria on auto and home, the numerous rule changes, and the hardship problems of having a loss history--and there was no internet competition.

It was WAY easier back in the old days It's really hard to solicit and get customers to sign up with all the criteria now in place. Almost all agents are commission based. Back in the 80's, we earned 20 to 25%. Now a day, you're lucky to make 9 & 10%. Renewals are your bread and butter but most customers are shopping around each renewal instead of each 2 yrs. If it was me today making the decision, I would decline. Ask any P&C agent that is seasoned, and they'll give you the same advice. If you go for it, plan on a hard road & lots of hours.

Answer 4

Don't do it. Trust me, its hard work and you will be spending all day harassing people on the phone to get their business. If you succeed, you will prob make a lot of money.

Answer 5

My option. It's pay isn't worth the cost of gas and time you have to put into it.

Answer 6

Is for me!!