How to Get a Job as an Insurance Agent in Atlanta in 2022

Last Updated: 21 January, 2022

How to Get a Job as an Insurance Agent in Atlanta?

Producing quality content may seem like a piece of cake. However, if you are an aspiring creator, you need to see all the details and fill the small cracks, which only become visible when you observe the professionals, take notes, and work hard. If you are wondering how to become an independent insurance agent in Atlanta, GA, and want to start your agency, you need to do the same. 

However, there are some tips if you want to know how to become an independent insurance agent and build a great insurance agency in the shortest amount of time. Using these tips does not mean you will not have to do your due diligence but will help you. 

What’s in store for an independent insurance agent in Atlanta?

Customers usually are overwhelmed by the insurance options and are unsure of what insurance they should purchase. Hence, they seek expert advice. This is where the role of an insurance agent comes into play.

As independent agents offer more choices and are not locked into specific products or carriers, granting them flexibility, they have a higher chance of getting the client’s right insurance and selling insurance. According to Forbes, more and more carriers are adopting the independent agent model over the captive model. Independent insurance agents sell life, health, property, and casualty insurances.

They pay very decently as well. Furthermore, commissions from renewed insurance policies create a stream of good passive income. However, before making money on renewals, it is essential to grow your agency and focus on how to sell insurance.

How to Get a Job as an Insurance Agent in Atlanta, GA?

Traditionally, it would take a lot of initial investment to open an insurance agency, although it seems easy to do so.

However, this article would not be any good if we did not have a way around it, would it? The two options we have for you are:

Buy a book of business

Purchasing a book of business through already established insurance can cost anywhere from $250k to $500k or even higher, which depends on its profitability. Even though you will have your agency ready to go, it is not the optimal way to do it. The other way is.

Agency model to Get a Job as an Insurance Agent

The agency model is amazing because they are designed to provide your independent insurance agency with needed assistance and guidance. As an independent agent, you will target selling insurance policies while your agency provides all the operational guidance and assistance that your firm needs.

You can explore two further options in this model. Getting enlisted in an agent directory can be a good start.

Franchise

This model will help to own your insurance venture, and its growth depends on the work you put in. The agencies provide the operational assistance you need. They will also give access to various insurance companies. Although there will be high fees to the franchisor, your agency will get a chance to be linked with a reputed brand that adds value to your company This model can disappoint in a certain sense due to the non-compete clause.

Insurance FMO Model

Starting your independent insurance agency through a franchise may not be for you. Don't worry, we still have one more option for you. This option will give your insights into how to become an independent insurance agent in Atlanta. The FMO model also gives similar facilities and services provided by the franchise model. In this model, the commission is split with the agents. Overall, the commission split is 70 percent and 30 percent on average. This model is particularly rising in popularity. These tips are equally helpful for a person who wants to learn how to become a licensed insurance representative.

Frequently Asked Questions

Q. What is the job description of an insurance agent?

Insurance agents are in charge of identifying sales possibilities for insurance products as well as managing a client portfolio. These specialists, also known as Insurance Sales Agents, are in charge of creating risk management strategies, administering policy renewals, and tracking claims.

Q. How do I become an independent insurance agent in Atlanta?

  • Obtain your insurance agent's license.
  • Select the insurance product you want to sell.
  • Take a look at the Licensing Requirements.
  • Complete the pre-licensing education requirement.
  • Make an appointment to take your exam.
  • Gather everything you'll need to take your exam.
  • Take the test and get your results.
  • Fill out the Affidavit of Citizenship.
  • Apply for a Driver's License
  • Complete the Fingerprint Registration Form.

Q. Why do insurance agents quit?

The majority of agents leave because they are unable to make enough money to sustain themselves and their families. The only way to fix this is to learn how to generate more and better leads, as well as how to follow up on them.

how to become an independent insurance agent