Running Clock Rant: “Run Like Your Butt Is On Fire”
To the poster that is thinking of starting a scratch agency. Run like your butt is on fire. You can’t make it with Allstate today as a scratch agent. Unless, you have enough money to live on for 5 years and take nothing from your business during that time. Otherwise buy an existing book and see if the current agent will finance. RFG, executive advantage, and co-op and geared to help the larger offices and harm the smaller agencies. TC wants you to fund their success. You open scratch and dump your life savings in to write as much as you can example: friends, family etc. They will raise rates causing you to loose customers and new business and when you are out of money they will be glad to boot you take your policies for TPP and then sell them or give them to the larger agents. RUN!!!
Related Information
Best Ways To Save Money On Your Auto Ins
1. Drive Less for and get a discount
Some carriers will discount your premium with a low-mileage discount if you drive less than 7,500 miles per year. Also ask your agent if you can receive a commuter discount for using public transportation.
Get the answers you need.
Personal Injury Protection Coverage:
Personal Injury Protection (PIP) covers, within your limits, the medical or funeral expenses of you, passengers, or pedestrians injured in your accident. This coverage is only available in certain states, so always check with a licensed auto insurance agent.