Monthly Archives: | January, 2014

Why You Should Look Before You Leap Into Selling Insurance

Being an insurance agent is not all that easy. There are hundreds of insurance companies around the U.S. with thousands of agents trying to compete for a client’s business. With so many options open to people, there is no guarantee that someone will buy from you. Here are a few other things to keep in mind as you think about entering this profession. Most Americans do need to have insurance to own a car, and the car insurance industry produces about $178 million in revenue, according to IBIS World research. Without car insurance, you are not allowed to purchase a car, but there are other ways of getting a car second-hand. This perpetuates the number of drivers on the road without insurance, as about 16% of drivers currently do not have any type of health insurance coverage. This is often due to the fact that it is hard to find cheap auto insurance, and many people cannot afford the payments. The same applies to life insurance. A little less than half of all life insurance that is purchased in the U.S. is event related, which leaves a large number of Americans uninsured. While about 40% of Americans do not think