Commercial insurance within California?
I got couple of business looking for insurance, retail, and restaurant and mechanic shop. I am currently with farmers, but farmer’s charges bit of sophisticated side for premium. Which are the other company, I can get appointed with, my experience within insurance industry about 6 months.
Thanks
Answers:
Farmers is a captive, final I checked. You're going to cancel your Farmers contract to go independent?
What size book do you own to roll over, and what's the loss ratio?
You're not likely to get an appointment next to six months under your belt, unless you have a million dollar book to roll. You're better past its sell-by date just going to a wholesaler. But you might not be able to do that while keeping your Farmer's contract valid.
That's the key drawback of being a captive agent . . . if you can't write it next to that one carrier, you can't write it. Source(s): agent, 21+ years
Related Questions:
Thanks
Answers:
Farmers is a captive, final I checked. You're going to cancel your Farmers contract to go independent?
What size book do you own to roll over, and what's the loss ratio?
You're not likely to get an appointment next to six months under your belt, unless you have a million dollar book to roll. You're better past its sell-by date just going to a wholesaler. But you might not be able to do that while keeping your Farmer's contract valid.
That's the key drawback of being a captive agent . . . if you can't write it next to that one carrier, you can't write it. Source(s): agent, 21+ years
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