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Hi all - I'm new so please pardon me if this is not an appropriate question. I'm so new I haven't even started yet! I ...


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Old 10-22-2008, 07:21 PM   #1
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State: Charm is an Insurance Agent from Minnesota
Start up cost ie book of business             Go to Top


Hi all - I'm new so please pardon me if this is not an appropriate question. I'm so new I haven't even started yet!

I was wondering if you could give me a ballpark estimate on what a book of business (P&C) would cost. I understand there are oh, so many variables but was hoping to get a general idea (if there is such a thing!)

Thank you in advance and thank you all for all of the information I have been absorbing on the boards!

Charm
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Old 07-28-2009, 01:13 PM   #2
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State: akohler is an Insurance Agent from Alabama
Re: Start up cost ie book of business             Go to Top

About 1.5 times the existing book of business. This is a average. You will want to consider other factors, line of business, how long the average client stays, turn over rate, available markets etc...

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