Dating insurance agent

Dating > Dating insurance agent

The examples and perspective in this article deal primarily with the United States and do not represent a of the subject. You maydiscuss the issue on theoras appropriate. Property and casualty insurance agents sell that protect individuals and businesses from financial loss resulting from automobile accidents, fire, theft, storms, and other events that can damage property. For businesses, property and can also cover injuredproduct liability claims, or claims. Independent agents typically are very well trained and knowledgeable of the complexities of the insurance market and. Their expertise allows them to advise their clients about appropriate amounts of and insurance coverages for their particular needs. Often, independent insurance agents will work with insurance intermediaries, who obtain quotes from multiple insurance providers and pass them off to the independent agent. Working with an insurance intermediary service allows the independent agent to review many quotes and offer their clients the best policy options available. For their efforts, independent agents are paid a. In addition to insurance policies, agents often sell, and products that address wealth management, and. Independent agents must be licensed by the states in which they sell insurance and financial products. Independent agents are for the insurance companies they represent. Several companies may authorize the agent to sell for them, but the agent remains an independent businessperson. While the agent collectsthey do not collect a salary from the companies they represent. On average, independent agents work with thirteen property and casualty and six life and health insurance companies on a regular basis. Independent agents own and control their accounts, policy records, and renewals. Competition exists between exclusive agents and independent agents. Exclusive agents, who are dating insurance agent employees of the insurance company, write a majority of the personal lines business. However, because of the complexities dating insurance agent in commercial risks, independent agents capture approximately 80 percent of the commercial lines market. It is having access to multiple markets that gives independent agents a competitive advantage in commercial lines.

Last updated