Independent
Insurance Agency Guide
Everything you need to know about
independent insurance agencies.

How to Start your Independent
Insurance Agency?
• Create a strong business plan
• Find a team
• Choose your legal structure
• Choose a catchy name
• Get your licenses and permits
• Buy commercial insurance to protect your new business

Pros of Opening
Your Independent Insurance Agency
• Higher payouts in commission
• You own your business
• Adding reliable insurance help to your local community
• A great way to create attainable jobs for people

Cons of Opening Your
Independent
Insurance Agency
• Higher losses
• Instead of 9-5, you’ll work 24/7
• New tech puts agents at risk
• Less support from larger insurance
companies

Some Great Independent Insurance
Agencies to Draw Inspiration From
• Encompass Insurance
• Erie Insurance
• Farmers Insurance
• Liberty Mutual
• National General Insurance
• Markel Insurance
• Progressive Insurance
• Covered by SAGE
• Selective Insurance Group
• The Hanover Insurance Group
• West Bend Mutual Insurance Company

Hope these tips help you gain the motivation to take
your next huge step as an Independent Insurance
Agency owner!
To learn more, visit our website today!

Let us help you find the right auto insurance.
Contact us today!