7 Responses

1. oldcorps

   February 9th, 2010 at 5:07 am

   1

   The problem I see in your field is that the internet sales of auto and home insurance is rapidly replacing insurance agents. Maybe consider real estate brokerage( a broker can have their own agency and the agents do all the leg work), college loan brokerage, brokerage of prepaid funeral services, brokerage of dental/vision care insurance, farm crop insurance, general liability insurance, brokerage of tax preparation(you get the clients, someone else prepares the returns), or consider learning finanical planning and becoming certifiated CFP(however this field is rapidly becoming overloaded. .

2. Heavy Metal Bands

   February 9th, 2010 at 9:42 am

   2

   Independent insurance sales is a challenging field, isn’t it?
   Have you considered financial planning? As you write financial plans for people, it often points out insurance needs in their portfolios.
   You could also expand into brokerage products…..get your Series 7, so that you can sell stocks, bonds, mutual funds, etc. This will give you the ability to deal with your clients’ entire financial picture, rather than just their “insurance” needs.
   Not really a “quick” fix, but a longer range career expansion.

3. butch

   February 9th, 2010 at 2:53 pm

   3

   if you cater to farmers – crop insurance

4. tel

   February 9th, 2010 at 3:13 pm

   4

   Please try http://www.jointalkfusion.com/1001410 for a work at home opportunity .I have a family, and i find this works for me.I have a church minister rodger, from crestview south florida amongst my group, and we all work together to build up the business and make money.Please have a look, and feel free to contact me at telmealing@yahoo.co.uk, or you can skype me at telmealing.My profile is also on yahoo.
   Best wishes
   Terry Mealing

5. mbrcatz

   February 9th, 2010 at 3:21 pm

   5

   Premium financing. A lot of premium finance companies make arrangements to kick back some of the interest to the originating agency.

6. Insurance MAN

   February 9th, 2010 at 9:53 pm

   6

   I’d agree with the premium financing answer. You can often see pretty decent returns from finance comopanies. Just please dont become one of those hospital indemnity and travel insurance sliders, that sticks their clients with a 39% APR and gives all insurance agents a bad name. Unfortunatley they still exist and make us ethical agents look bad.
   Another idea is property management. Depending on the laws in AR, i’m sure you insure investment properties for clients, what about managing their properties for them? normally that requires marketing, lease agreements, collecting rent and coordinating repairs. you get a percentage right off the top of the rent. Just an idea.

7. Sue

   February 10th, 2010 at 3:26 am

   7

   In my current agency, there is a department of financial advisors that go along with life & health insurance. In my last agency, they used to do taxes. I have also seen real estate offices with insurance offices but usually they work out of a different location but have the same owner.