What is the easiest and most profitable insurance to sell?

Is life and health a harder sell than p&c? Also what company is best to work for, Aflac, Farmers, Allstate, etc.?

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  • 9 years ago
    Favorite Answer

    The easiest product to sell actually sells itself, auto insurance. It's required by law. Auto insurance is also the the most profitable line of business for the company and the agent.

    The second easiest to sell is homeowners insurance because the mortgage company requires it and it's usually the largest investment the average consumer makes. It's profitable for the agent, but not nearly as profitable for the company.

    The largest property and casualty company in America is State Farm Insurance. They are extremely selective and it's not very easy to become an agent for them directly. They are always looking though.

    Independent agencies are another way to go, but most of the companies they represent don't have the best products on the market. If you're going to sell insurance, go for the best products and a company with top financial strength and services. You need the most support you can get otherwise, you'll be switching your clients from one company to the next and they will tire of that quickly. Some companies will force you to do everything yourself and there's no real relationship. Be careful and selective when going the full independent route.

    Source(s): Owner of an insurance and financial services agency. Over 21 years experience.
  • 5 years ago

    You can get quotes in just a few minutes at - SALESQUOTES.INFO-

    RE What is the easiest and most profitable insurance to sell?

    Is life and health a harder sell than p&c? Also what company is best to work for, Aflac, Farmers, Allstate, etc.?

  • 3 years ago

    I might suggest one to try this web site where onel can compare rates from different companies: http://INSURANCECOMPAREQUOTES.US/index.html?src=2Y...

    RE :What is the easiest and most profitable insurance to sell?

    Is life and health a harder sell than p&c? Also what company is best to work for, Aflac, Farmers, Allstate, etc.?

    1 following 9 answers

  • Anonymous
    9 years ago

    None are easy. Life insurance tends to pay lump sum commissions upfront in 80-120% of annual premium range. Downside is that there are little to no renewal commissions.

    Other lines of insurance pay smaller commission upfront, but better renewals on the back end.

    Independent agent is best, as most agents will fail anyway especially if you only have one company to work with.

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  • 9 years ago

    The most profitable, is bonds - with a 30% commission, and the lowest claims rate around.

    But if you're looking to break into the business, it's more about you, less about the product or company. 95% of new agents will wash out. It's VERY hard work.

    • Everett3 years agoReport

      What type of bonds? Utilities? Surety? Where can I get more info?

  • Pamela
    Lv 4
    4 years ago

    it is difficult becaust most every mortgage loan officer has an affinity relationship with a credit insurance provider. They are hawking their product hard at closing and will usually include premium with the mortgage pmt. unless you can get some close relationships established with these people, you are fighting an uphill battle. The only way you can make money is if your company has liberal writing policies, and you can underwrite people that won't qualify for term insurance, (cancer, diabities, extreme obesity, chain smokers, etc...).

  • 9 years ago

    Nothing is easy to sell.However,if you sell insurance to your client's needs and that will give benefits you will get referrals.Referrals are a great way to sell insurance.Everybody needs some kind of insurance -generally the highest commissions are on life insurance.

    Source(s): My own personal experience.
  • 5 years ago

    For free insurance quotes

  • 9 years ago

    Group health insurance or home owners insurance.

  • 3 years ago

    Good affirmations, but I'm not 100%

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