Can I work for more than one insurance company?
Can I work for more than one carrier at a time? I recently left my last employer and I am thinking of opening up my own insurance agency.
“Congratulations, starting your own agency will be an adventure!
Yes, you can write policies with more than one carrier, depending on the contract you set up with each carrier. Keep in mind that not all insurance providers allow their products to be sold with other insurance.
GEICO and State Farm are good examples.
They are both considered captive insurance agencies. This means your local GEICO and State Farm agents can only sell and manage their own respective books of business. They cannot sell or service any other insurance carrier.
If you would like to work with more carriers, you will want to become an independent agent or insurance broker. Insurance brokers work for the customer, not the insurance agency.
Some companies will allow their business to be written by an independent agent, such as:
To get started, you will need to make sure that your licenses are in order and you will need to contact multiple carriers to set up a contract.
Also see if buying a book of business is an option. There are times when insurance agencies are shutting down or an agent is retiring. They will sell their existing customers and this will give you a little head start.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry
Browse by topics
What others are asking
Can I be sued for actions my child does outside of the home?
We were at the park the other day and my child pushed another kid off the swing. The other kid broke his arm, and while I do feel bad about that, I don't think I should have to pay for his medical bills. The parents are talking about suing us, can they do that?
Jul 26, 2021
What is supplemental insurance?
I keep seeing all of these commercials for Aflec and supplemental insurance, but what is it for? I already have insurance through my job; do I need to buy more?
Jul 26, 2021
What is subrogation and will it help me?
What does subrogation mean? My car was badly damaged in an accident the other day. I was found not at fault for the accident. However, since the other driver wasn't carrying insurance, I still had to pay my $1,000 deductible. My adjuster said not to worry and that I will get it refunded through subrogation.
Jul 26, 2021