With allstate you buy the economic value of the book of business. You don't own the book Allstate does. I am sure they sell their economic interest.

Thanks for the replies. Let me give you some more information. I live in a small central Georgia community(25k pop). I want in this business, so which is the best and right way to get started?? MGA, buy a financial interest(Allstate), etc.. If I want to find MGAs in Georgia where should I look? Shou...

I am relatively new to the p&c side of the business and would like some input. I have an opportunity to buy an existing Allstate agency in a location where rates are competitive and loss ratios are good. However, there is a lot of negative press surrounding Allstate. I also have the opportunity ...