Comparing Different Insurance Agency Location Types

Should you buy a store location?

What are the pros and cons of a storefront vs. a home office vs. a rented “virtual” office/shared space? One of the biggest questions you’ll need to answer as you formulate plans to start your business is where you will locate it. Will you work from home or set up an office, storefront or other … Read more

How to Purchase Your Independent Insurance Agency Domain

There are a ton of website domain providers out there. Pick the one that offers you the best combination or price, service, and security. We have used GoDaddy, Network Solutions, and Google Domains. I am going to use GoDaddy for the visuals below, but the steps are pretty much the same for all three sites: … Read more

Register Your Business + Obtain Federal & State Tax IDs

Getting official IDs and registering your agency

Once you settle on a name you like, you will need to protect it. First, you need to register your entity name at the state level. Typically, the information you will need to file with your state agency includes: a. Business Name b. Business Location c. Ownership/Management Structure (for LLCs, this is typically your Articles … Read more

Three Places to Check if Your Agency Name is Available

Check these places to make sure the name of your business is available!

Before you start registering your independent insurance agency, you want to double check that your chosen business name is even available for you to use commercially both in your state and online. State Level The first place you need to check if an entity name is available is at your local Secretary of State or … Read more

Tips for Your Business Plan

Making a business plan

Putting together a business plan when starting your own independent insurance agency helps you to: Think through the key planning elements as you develop your new agency Create a roadmap for how to structure, launch, run, and grow your business Get carrier appointments and set strategic goals for sustainable and successful carrier relations Communicate your … Read more

Example Email About COVID-19

Example communication to insurance clients during COVID-19

If you are an insurance agency owner and you are unsure of what to say to your clients regarding COVID-19 don’t fret. Below is an example generic email you can spice up and send out to your clients regarding COVID-19. Navigating COVID-19: Services Will Continue In the weeks ahead, the uncertainty over COVID-19 will only increase. … Read more

How to Prep Your Agency and Communicate with Your Staff During COVID-19

How to Prep Your Agency for COVID-19

Well, it looks like COVID-19 is only getting worse and worse. Here are a few tips you can utilize to help prep your agency and communicate with your staff during COVID-19. Read CDC’s recommendations for how to prepare for COVID-19 Restrict all non-essential travel Stop all in-person meetings Offer virtual meetings instead. You can use … Read more