How do you start an insurance copmany?
I’d like to only do motor vehicle insurance for myself and known friends.
Tags: copmany, Insurance, StartI’d like to only do motor vehicle insurance for myself and known friends.
Tags: copmany, Insurance, Start
There are several questions you will need to consider.
1. What type of company (Mutual or Corporation)
2. How much starting capital do you have. There are minimum requirements that vary by state.
3. What state do you want to write in?
Check the appropriate Department of Insurance web site for the licensing requirements.