Can someone help me in providing necessary information on how I go about doing this? I know I need to get a license, but I can’t find any info regarding auto insurance. Also, do we need a franchise or can I do without one? Please help and with links regarding info about auto insurance in Texas. Thanks!
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You go to the texas insurance department website, to get the information you need to take the test and buy the study materials.
THEN, you have to call around to auto insurance companies, and convince them to let you sell their insurance policies. With no track record or experience, not having any idea how to actually write a policy, you’re going to have a very, very hard time getting an insurance company to let you write their policies.
You don’t need a franchise, but, of course, a lot of people buy them.
95% of new agents wash out – which is part of the problem, as odds are, you won’t be doing this a full year.
Your best bet, is to go to a local agency, local to you, and ask them if they’d hire you as a producer. For a commission split, you’d get to use the agency contracts. As a bonus, they’ll help you fill out the applications and show you how the industry works. If you can get a couple of years of that under your belt, then you’re much more likely to get an insurance company to appoint you to sell their policies.