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allstate
Posted: Sat Jan 06, 2007 8:19 am
by foofin
as an independent agent can you look to buy a book of business from agencies such as allstate?
Posted: Sat Jan 06, 2007 3:49 pm
by Porter
If Allstate approves you can. If you are an independent now, they won't approve you.
Posted: Sat Jan 06, 2007 8:41 pm
by sanddog1
NO way....farmers no way statefarm no way
Posted: Mon Jan 08, 2007 6:46 pm
by CATHIEA
If you are located in a rural area that doesn't have an Allstate agent it is possible to become appointed with Allstate and purchase a book of business - and still be an independant.
it's possible....
Posted: Tue Jan 09, 2007 11:55 am
by wenwic
Some independent agents do have Allstate books. Typically they were appointed in rural areas where it didn't make sense to have an exclusive contract. However, with Allstate's ownership of Encompass (the old CNA personal lines book), they are no longer appointing new independent agents to write Allstate biz - they are writing only Encompass business. As far as buying an Allstate book, you're taking a chance -- I imagine it would be up to the discretion of the sales director for your area. First, make sure Encompass writes in your state. Talk to the local sales rep and get a feel for their position there. It's certainly possible to buy an Allstate book, but be prepared for the possibility of a book transfer to Encompass.