Insurance agents and brokers

Is selling auto insurance a good career?

Due to the low barriers of entry, insurance sales is a good career choice for people who are transitioning into a new career following a major life change. A college degree is preferred but is not required in many insurance firms. Unlike many other finance-related positions, prior experience is also not required.

Is working in insurance hard?

Life insurance agents enjoy a lucrative career, but it does involve a constant hustle, networking, and sales in evenings and on weekends and general hard work. Many agents start out with a small salary but are mainly dependent on their commissions from their sales to make a living.

What do I need to get an insurance license?

You need to complete prelicensing education for your line of authority, which is determined by each state. The number of hours you’ll have to complete and the cost also varies by state. You need to pass the state insurance licensing exam for your line or lines of authority. A prelicensing exam preparation package can help.

Where can I get a life insurance license?

Contact your state insurance department to find out the requirements for obtaining an insurance license. States issue insurance licenses for life, health, or property and casualty lines. Often, life and health lines are bundled together; ask if that is the case in your state.

Do you need a degree to become an auto insurance agent?

In some states, you only need to take the written exam and then you can receive your license. However, some states require a bachelor’s or associate’s degree in addition to completing the exam. Without the proper education, you will not qualify for a license.

How to get an insurance license in multiple states?

Although it sounds complicated, with an active insurance license in your residential state, you can apply online for a non-resident license for every state except Massachusetts and Washington and the Commonwealth of Puerto Rico. Contact your state insurance department to find out the requirements for obtaining an insurance license.