Agency in in CA - sell in IL?

GRCinCA · 10-18-2007, 08:40 PM

I am a young agent in CA - captive - and I do some "outside business" with AMWINS and ALLRISKS when my co will not write a piece of business. I was thinking I might "exploit" some of my personal contacts (family and freinds) in IL and so I applied for and recieved a IL producer license. I plan on slowly building my CA agency on auto-home-life (possible series 6, 63) while also building a commercial business inside and outside my company - habitation, GL, Comm Auto, Restaraunt, few other areas.

Some questions...

Is it feasable to sell insurance in IL when I live in CA? Will companies do business with me although I am out of state?

I think I will stay away from contractors because of the work created by the need for certs....any ideas on what products I might sell which are lower maint? I am not interested in selling health insurance

Any ideas? Suggestions? Did I post in the right area?

Greg

Corey · 10-22-2007, 06:20 PM

PM sent.

GRCinCA · 10-22-2007, 07:57 PM

I am a Farmers agent in CA. I just got my P&C producers license in IL. I do not intend to sell life insurance in IL - I actually would even bother with it in CA if there wasn't this silly little contract I signed. Doh!

Are you in IL?

TXINSURANCE · 10-23-2007, 03:06 AM

Sell wherever you want that is why God created non-resident licenses, just don't bite off more than you can chew.

P.s. IL non resident license is expensive compared to others!!