I would resembling to stretch out my own auto insurance brokerage, but I dont even know where on earth to commence?

Answers: Getting a license in P&C would be a start. Then you obligation to be able to produce a certain volume of business for chief companies to give you a contract AND yes... a big wallet would help. Source(s): Insurance Agent 8 yrs
You have to be licensed within your state to do so.
You would need to be affiliated with an insurance company authorized to underwrite within the state in which you desire to start a business. You would contact them and seek to become an agent. You will call for to get a license to sell insurance, usually a General Lines license for P&C (property and casualty). Continuing training is required by the various states to maintain your license. Some agents subsequent become claims adjusters and underwriters.

I would start by doing some research. Perhaps talking to someone who owns their own agency and finding out how they made their first contacts, etc. I would also use the resources of your state's workforce commission to research the job, compensation, and industry.

Before you bounce in and invest your own money in starting your own agency...try becoming an agent for someone else, first. You may close to it, you may not. Get a little experience and do well, the insurance company may approach you near the opportunity to open a new department...and help you down that road.

Good luck!
http://www.freewebs.com/any-insurance
With a large wallet.

Related Questions:
I gain offered a position lower than the intelligence I must gain auto insurance. The 2nd of work they fire me!?   Auto Insurance?   PLEASE HELP! i ned auto insurance sublease   Auto Insurance rate - is here a instrument to shop around !?   Auto catastrophe within California-if I sue insurance co. and insured surrounded by small claims, can I database separate claims for?