Insurance Blog

Archive for the ‘Casualty Insurance’ Category

I have the book I have been studying, but there is SO much information! Was the test hard? Should there be areas I should focus on? I should have taken a course huh..

Honestly, that course doesn’t help you, until you’ve studied the book.

The test isn’t hard, IF IF IF you know all the information. If you’re taking it cold, with no Insurance experience, you’d better be sure you can pass the practice exam, HONESTLY, with 90%, or you won’t pass the real one.

Sadly, it does no good to focus in only one area. There will be questions from every section, including things like, what’s the penalty for impersonating an agent in TX. You’ll have to be able to calculate a coinsurance penalty, and figure a deductible on a hurricane claim. You’ll need to know if that washing machine in the basement (as if there was a basement in TX) is covered under flood – and if so, building, or contents?

Take the practice tests. Know why the right answer is right, and more importantly, why the wrong answers are wrong. And take MORE practice tests. You can find a free one here: http://www.insurance-schools.com/free_insurance_exam.asp

I’m thinking of working as a insurance agent in las vegas. I’m not sure I qualify. I need information from a insurance agent in Nevada as to what is required to be licensed. What dose the state do exactly with my application? Do they run your credit? Dose the state do a background check? Do they take fingerprints? Please direct me to sources that will allow me to obtain intimate detail on this process.

An agent likely isn’t going to be able to give you CURRENT information.

To GET the license, you need to go to the Nevada insurance website – where you’ll find out that you have to pass a test, and not be convicted of a felony. That’s IT.

Now, to get a COMPANY to let you sell their Insurance, yes, they’ll run your credit, and the COMPANY will do a backround check, and may take fingerprints.

Most larger agencies do the same.

BUT, the licensing is the ONLY part that’s public record, what everyone else does is PRIVATE INFORMATION. They have to disclose it to you before they do it, but they aren’t going to publish it on a website.

I have licence to sell in the State of Texas

Do you have a license to sell Insurance? If so, in which states? You have to be licensed to sell in the state. Very few companies actually sell ON LINE. They just MARKET on line, but do the actual sale through resident agents.