Should I Become An Auto Insurance Agent?
Should I Become An Auto Insurance Agent?: Auto insurance is a lucrative field. As an auto insurance agent, your job would be to compel customers to buy auto insurance. Auto insurance is a good career choice if you have good persuasion skills.
If you choose to work for an insurance carrier, you are confined to sell the insurance of that particular carrier; however, if you work for a brokerage, then you will be selling various insurance policies.
Auto insurance is not a very tough job to have, but it is not necessarily a piece of cake. There are minimum educational requirements although people from all educational backgrounds can opt for it. Some companies offer on-the-job-training while some require prior experience in the field.
How to become an auto insurance agent
Educational Background
The first thing to know before choosing the auto insurance field is that some companies require the candidate to have a degree in business or finance related four-year program.
However, you don’t need to lose hope if that is not the case because many other companies do not require a degree as a prerequisite. These companies prefer that the insurance agents deal with the clients the way the company wants them to. Therefore, these companies make their employees pass a several months long training period so that they can learn all the predefine tactics and methodology they are required to apply on the field.
Licensing
You are required to have a license provided by the state to perform your duties as an auto insurance agent. Prerequisites for the license can vary from state to state. Usually, a 4-year degree is required, or the candidates are required to pass a test related to insurance laws. This test can be passed by taking a pre-licensing course.
Career Prospects
According to the Bureau of Labor Statistics (BLS), employment will increase by 10% between 2012 and 2020.
Sales agents after gaining enough experience are usually promoted to managerial posts with a higher salary and better incentives. You can also sell insurance independently and earn a handsome amount by starting your agency.
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