Since the outbreak of the coronavirus pandemic, many businesses have closed their offices and have asked their employees to work from home. With the need for social distancing and lockdowns, it has become a challenge for insurance agents to conduct face-to-face sales meetings like they used to be.
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In general, you can sell insurance from home as long as you are licensed to do so in your state. The average annual income for a “Licensed Insurance Agent Work From Home” in the US is $64,435. The most common insurance to sell is auto insurance, home insurance, life insurance and health insurance.
Why selling insurance from home?
COVID-19 has forced a lot of us to stay american phone numbers list home. People are getting more used to having online interaction and buying online. Carriers are also ramping up their online systems to cater to remote selling.
Selling insurance from home has these benefits:
Save you time from commute or traveling to and from the client’s location
Save you gas by driving less
Save you mileage on your car insurance (if you use UBI insurance)
Let you serve more clients who may be far away from you
Who could sell insurance from home?
Although there is no educational requirement for being an insurance agent/broker, you may do better than the others if you like to compare prices, read online reviews, and interested in promoting business online.’
People magnets: Obvious enough, you draw people’s attention and they listen to you. And if you have topics to talk about life, health, or pets, you are a good fit. I can imagine you will be telling stories or sharing experiences they people love to hear – over the phone, via video calls, with videos and the like.
Veteran insurance agents/brokers: Your knowledge and background in insurance, as well as your life experience, will certainly differentiate yourself. Young agents may not be able to identify the insurance need beyond their age group. That’s where you can become more relatable in your pitch.
Online niche experts: If you are already in a niche, such as health and fitness, sports, pets, cars, travel, or life coaching, your followers will need insurance too. And why not leverage this relationship you already have and create a new stream of income with insurance?
What kind of insurance can I sell from home?
There is literally no differentia Saudi Arabia phone number tion for the insurance that you can sell from home or in person. Here are the most common insurance categories for individuals you may consider.
Auto insurance
Homeowners / Renters Insurance
Life insurance
Annuities
Medicare
Health insurance
Cancer insurance
Pet Insurance
Business insurance
What kind of license do I need to sell insurance from home?
You will need a license to sell insurance whether you are working purely from home or not. Different lines of insurance products will require different licenses.
