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Independent Insurance Broker? Independent Insurance Broker?
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Old 06-29-2013, 10:30 PM   #1
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Independent Insurance Broker?
I've noticed a couple old threads on insurance brokers, but I am looking for more info.

I have an acquaintance that sells/renews auto plan insurance himself, is this what is an independent insurance broker? How do you go about becoming one after the fundamental/CAIB 1 test?

What would be the pros of working independently in contrast to with a firm/company?
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Old 06-30-2013, 04:00 PM   #2
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Old 07-05-2013, 05:34 PM   #3
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A brokerage will typically hire brokers on a per hour basis, then if they show that they bring in a lot of their own clients and are proficient, may negotiate a percentage on the commission - that's probably what your buddy does.

I have a few friends that got exclusive business from dealerships and their own personal clients, working on commission. After years of hustling, they saved up and opened their own brokerage.
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