Title: How to Sell Property and Casualty Insurance
1Property Insurance
2How to Sell Property and Casualty
Insurance Property and casualty insurance
products include home, auto and liability
insurances. Selling insurance products can be
rewarding and lucrative. Many insurance products
pay commissions to the agent for as long as the
bill is being paid by the client.
3Agents with a large number of policies on the
books benefit from a large amount of renewal
income from existing clients. Most individuals
will always need home and auto insurance, so as
long as the agent doesn't lose the client to
another agent he will always be drawing income
from this household because the property
insurance carrier will continue to pay him for as
long as the policy is in force.
4Before working with any insurance product, you
will need to secure the appropriate licenses.
Every state has a department of insurance that
governs the issuance of insurance licenses. There
are several corporations that offer training
materials and classes to prepare future insurance
agents for the exams necessary to receive these
state insurance licenses.
5Once you are licensed you must find carriers to
represent. Some carriers require you to be a
captive agent and represent only their product,
while others will allow any licensed professional
access to their product line. Captive carriers
typically provide benefits, training and contests
to their agents. Brokered carriers tend to offer
fewer of these soft benefits, but they do give
the agents more freedom.
6With a license secured and a product line to
sell, it's time to find prospective clients. Many
captive carriers provide their agents with lead
generation systems but brokers can obtain leads
as well. New agents are always encouraged to
contact their friends, family and acquaintances
and offer their products.
7After a while, it typically makes sense for
agents to find a niche market. Some agents work
strictly with business liability property
insurance while others focus on home and auto
coverage. The career path of an insurance agent
can be whatever they choose it to be. Agents who
focus on a particular market segment tend to earn
better incomes and become experts in their
field. Source http//www.articles.seoforums.me.uk
/Europe-UK-US-Article/how-sell-property-and-casual
ty-insurance
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