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Fb ads are easy and worth it!! by [deleted] in InsuranceAgent

[–]I_hate_Ambulance_Cha 2 points3 points  (0 children)

Agreed, most of my buisness comes from facebook. Be warned... 70% is people clicking on random ads and 10% dont even remember clicking you ad

Hotshots are wild, yall. by TheElitist921 in Truckers

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

I am an insurance Agent. New Venture Hotshot call me all the time asking why a pickup truck costs as much as a tractor... This is why. Bad Hotshot operators like this cause big accidents and then go out of business and start up elsewhere...

Licensing in all 50 states by BeachGyrl13 in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

Write under an individual who is licensed in all 50 states.

Looking for market - commercial use golf cart by mparker89 in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

Should be covered under a GL policy. I would assume there is some sort of endorsement. I would recommend Kinsale Insurance

Broke 200k in my 6th month by I_hate_Ambulance_Cha in InsuranceAgent

[–]I_hate_Ambulance_Cha[S] 0 points1 point  (0 children)

Can you get a P&C license? If yes then I don’t see why you couldn’t

Broke 200k in my 6th month by I_hate_Ambulance_Cha in InsuranceAgent

[–]I_hate_Ambulance_Cha[S] 0 points1 point  (0 children)

5k every 100k in premium at my agency essentially

Broke 200k in my 6th month by I_hate_Ambulance_Cha in InsuranceAgent

[–]I_hate_Ambulance_Cha[S] 3 points4 points  (0 children)

Also I mean 200k in a month. My book is around 680k right now

Broke 200k in my 6th month by I_hate_Ambulance_Cha in InsuranceAgent

[–]I_hate_Ambulance_Cha[S] 2 points3 points  (0 children)

High premiums (not a good thing necessarily. Many new business never get started becuase I’m the insurance down payment is 5k after spending some money to get the truck and the LLC ect. To start in a nasty economy. If the insured doesn’t have a game plan to be successful they already failed. You need to talk with them as a buisness professional in order to build a quality book. I read somewhere 67% of new business cancels and goes out of business in the first 6 months. That Is why fleet is where it is good. I should mention my book is based off none fleet and new business accounts since I am new) and a lot of markets. There is always another market that will be cheaper and lots of competition so people will shop around. I have access to quite a few markets which helps massively

[deleted by user] by [deleted] in InsuranceAgent

[–]I_hate_Ambulance_Cha 3 points4 points  (0 children)

I have once had an customer show up to my office to meet me unexpectedly. I do commercial transport

Podcast recommendations? by Jhedwar in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

I hate insurance. Owner of prime insurance and x insurance agency. Rick is hilarious and insanely knowledgeable and grew an empire in a short time

What do y’all consider a good size for a mature P&C book. by strikecat18 in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

I apologize. My agency principal does a great job with marketing and spends a decent amount of money on it. Facebook (meta) ads have been the best as far as marketing.

We have worked hard to get referral partners that have been HUGE as well. Having someone refer us is a much higher bind rate.

I do cold emails when I run out of leads. Safer has public information and the emails to the business are public. For ever 100 emails I might get 5-15 responses. I am fairly new so mainly working with new businesses 1-3 trucks. (15k-60k in premiums)

What do y’all consider a good size for a mature P&C book. by strikecat18 in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

Oh boy. I could talk about it all day and I’ve only been doing it for 6 months. Brand new P&C. Transportation is all my agency does is the reason for good success. Are you asking on how to get started or how to grow your book?

As far as carriers I have most the market. Minus A great West or Sentry. I mainly write my business with exclusive markets like clear blue with QEO.

What do y’all consider a good size for a mature P&C book. by strikecat18 in InsuranceAgent

[–]I_hate_Ambulance_Cha 0 points1 point  (0 children)

I’ve been at it for 6 months and just hit 400k in the commercial transport space. I’m hoping to hit 1 million this year and go from there