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Frequently Asked Questions

What does AgentCo do?

AgentCo provides Independent Insurance Agents and Independent Insurance Agencies access and appointments with top rated Property and Casualty Insurance Companies.

Is there training available?

Yes, working in conjunction with the insurance carriers we train all Agency Partners to effectively quote and sell each company’s products.

We also offer additional agency tools that offer technology discounts, sales training and  process and procedure practices.

I need commercial lines carrier access – are they available or do you only have personal lines carriers?

Yes, commercial insurance access and appointments! AgentCo provides access to top rated commercial lines insurance companies as well as personal lines insurance carriers.  

Who owns AgentCo?

AgentCo is owned and managed by independent insurance agents!  We’ve successfully started scratch property and casualty insurance agencies! We  are dedicated to the Independent Insurance Agency channel and we understand the struggles a new or smaller insurance agency faces.

Let’s face it, captive insurance agents, insurance company employees and venture capitalists just don’t bring the same perspective and knowledge to the table.

What is the cost to use AgentCo?

Because AgentCo’s mission is to help independent insurance agents, we have a low initiation fee.  AgentCo has one of the best commission splits when compared to other insurance industry market access providers.  As your book of business with us grows, you may also qualify for profit sharing and contingent commission payouts.

How many insurance carriers can I access through AgentCo?

While it seems that the market access provider with the most insurance companies would be the best option, in reality, agencies that are more profitable choose their insurance carriers strategically.

At AgentCo, we use a proprietary custom market selection process to provide you with the best mix and number of carriers for your agency, giving you the best opportunity to qualify for a direct contract quickly and to realize higher income and agency profits.

How are commissions paid?

Commissions are directly deposited to your agency’s bank account by AgentCo.  In addition, you have full access to your insurance carrier’s production and commission reports so you always know where you stand and what commissions have been earned.

How soon can I get a direct contract with an insurance company?

Faster than you might expect! As soon as you have met the agreed upon book of business size and quality with a carrier you can go direct.

If I’m using AgentCo for access to several insurance companies can I go direct with one and keep my access to the others?

Absolutely! This is one of the big advantages of AgentCo – you can go direct with one or more carriers and still use us for additional markets.

If I qualify to go direct can I opt to stay with AgentCo?

Yes, some agents decide that the increased level of profit sharing and support they receive with AgentCo is worth forgoing a direct contract. It’s always your choice based on what is best for you and your agency.

How much of my book of business will AgentCo own?

Zero. Zip. Nada!! You will always own 100% of your book of business. And every policy you sell will show your agency name, not AgentCo on the declarations page.

In what states is AgentCo available?

AgentCo is currently active in North Carolina, South Carolina , Arkansas and Tennessee. If you’re in another state, give us a call, we may be able to help there also.

Have more questions? Contact Us Online or Give us a call at 888-243-6826

 

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