How Do You Start A Car Insurance Company?
According to the Bureau of Labor Statistics, the auto insurance business is expected to grow 16% by 2016. Approximately 26% of auto insurance agents are self-employed. These professionals evaluate driver’s insurance needs and select the best policy for their situation. But before launching your car insurance company, it’s important to get licensed with your state and determine what types of auto insurance policies you want to sell. Here’s a guide to starting a car insurance company. Get an insurance license with your state. Most states require those selling auto insurance to attend a prelicensing course and to take a state exam. To find out if your state has this requirement, contact your state department of insurance. Apply for a business license. Before selling your first auto insurance policy, you need to obtain a business license with you city. This can be secured by requesting an application from the city business office; typically located at the city hall department. Purchase ins
