MSchreur
New Member
- 13
Hi there! I am looking to get started selling life insurance in all 50 states via my website/phone. I will only be operating as a DBA for now. It seems too expensive for me right now to set up an LLC in every state. Especially considering I do not know how successful I will be obtaining online leads in each state and which states will be more profitable or useful for me to keep my licenses.
Based on my research so far many state insurance depts want to have you DBA name on record. Some of them also require proof the DBA is on filed with either the state itself or counties operating in. This seems like an extremely tedious and expensive process.
I've already got my domain name and DBA idea established and want to be sure I am in compliance with advertising in that name verses my own.
Does anyone have any input on this? How big of a deal is this to be in compliance? Especially since I am not technically operating in each/state or county until I receive a prospect from that state/county.
Any suggestions on how to make this process simpler? Thanks in advance
Based on my research so far many state insurance depts want to have you DBA name on record. Some of them also require proof the DBA is on filed with either the state itself or counties operating in. This seems like an extremely tedious and expensive process.
I've already got my domain name and DBA idea established and want to be sure I am in compliance with advertising in that name verses my own.
Does anyone have any input on this? How big of a deal is this to be in compliance? Especially since I am not technically operating in each/state or county until I receive a prospect from that state/county.
Any suggestions on how to make this process simpler? Thanks in advance