Search found 4 matches

by Colonel
Wed Mar 21, 2007 12:01 pm
Forum: Hard-to-Place Accounts
Topic: Claims on residential property owned by trusts, LLCs, etc
Replies: 4
Views: 4753

In my State (Ohio) most preferred market companies have an endorsement for adding a Trust an the NI. Moving the house into an LLC makes a corporation the owner and most preferred companies restrict corporate owners on personal properties. There are several standard market companies that will list an...
by Colonel
Mon Mar 12, 2007 1:20 pm
Forum: Opinions
Topic: Newbie
Replies: 16
Views: 11716

We must not be in the same business; I've never seen or heard of P&C that pays a 30 - 40% commission and never heard of an agency that doesn't eat a huge chunk of your margin with overhead (office, utilities, employees, supplies..) is this a California thing or was I and all other producers I wo...
by Colonel
Mon Mar 12, 2007 12:19 pm
Forum: Opinions
Topic: Newbie
Replies: 16
Views: 11716

Newbie, I don't hate insurance, I work in the industry (hence me getting the email link to this board) but let's examine the start from scratch angle of this business: You either a) work for a captive type producer and get 10 - 15% commission and a percentage of renewals OR b) work for a broker and ...
by Colonel
Fri Mar 09, 2007 12:42 pm
Forum: Opinions
Topic: Newbie
Replies: 16
Views: 11716

Newbie,

I've always said insurance contracts are like sex in prison:

What you want, you can't get

What you get, you don't want

Get out of P&C while you still don't have too much invested in your sales career. If you like selling, there are more lucrative professions.