How to Start an Independent Insurance Agency

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A business plan is the key to starting an independent insurance agency. Start an independent insurance agency with help from a dedicated insurance professional in this free video clip.

Part of the Video Series: Insurance Help
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Video Transcript

Hi, I'm Doug Levi, principal agent owner of Strategic Insurance Services and today I'm going to talk to you about how to start an independent insurance agency. This is something very near and dear to my heart. About five years ago, my business partner and myself started our own independent insurance agency, Strategic Insurance Services. The first thing I'm going to tell you and the most important thing you want to do, is you want to have a business plan. I see so many different business owners in a wide array of businesses that don't do a business plan at all. There's some great resources online, I would probably point you to the Small Business Administration, you can go online at and get a lot of good info on a business plan. The second thing you obviously need to do, is you need to find an office. Even though a lot of things transpire online and via email and via the phone these days, most people still want to be able to know that their insurance agent is in a local office. And in fact, most carrier requirements are going to require you to have an office, so for people who are thinking, oh I could be an independent agent and not have an office, that's probably not gonna, not going to fly. The third thing that you're going to need to do is, you're going to need to get carrier appointments. You're obviously going to have to have insurance companies to represent. The best thing to do there is to look up some of these carriers online, so for example if you wanted to be appointed with Progressive, I'd recommend going to their website and there's probably going to be somewhere on there about how to become an agent. I'm Doug Levi with Strategic Insurance Services and I just spoke to you about how to start an independent insurance agency.


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