Investor · Chicago, IL · Member since 2014 · 64 posts · 8 votes
Hello:
I am considering venturing into starting a business that provides property insurance and other types of insurance related to real-estate. Any ideas on how easy or difficult this is? Is this a saturated area or are there opportunities? is the initial investment a lot?
Also how would I go about doing this. I am assuming I would have to get a franchisee license from Allstate or StateFarm. Any help/advice would be greatly appreciated.
Insurance Agent · Nationwide · Member since 2014 · 2k+ posts · 1k+ votes
8y
@Zulf H. I would suggest calling both State Farm and All State. they would be happy to talk to anyone willing to go through the training process and put down the $25k-$50k to open an office.
once you talk with them, you will get a true feel if it's an opportunity worth pursuing.