A business owner’s policy (also businessowner’s policy, business homeowners policy or BOP) is a special kind of business insurance designed for small and medium-sized businesses. An E& insurance protects you, the agent; from any errors or omission that you’ve got performed that brought on a major loss to your purchasers. Commonplace policies start at $1 million of liability coverage, and insurance firms that you just wish to work with will count on you to have that amount of coverage.\n\nNever really thought of selling insurance, but after reading your hub, seems like a fantastic thought in these instances!! Very nice data disclosed are priceless and will help so much to all insurance fields personnel. I’m ready where my wife is being thought of to take over a State Farm Agency that is 1 of 5 in a town of 60k folks.\n\nI have been selling auto insurance for 9 years now and have at all times wished to venture out by myself but taking that threat has at all times been a huge factor. Like I acknowledged earlier anything with a rough thought of what it will price to get an agency set up as I do reside in CA as nicely.\n\nNow I am attempting to get out of the insurance business and not as a result of the business isn’t good but as a result of I am transferring forward in my passion of Social Work. The placement has been there for 12 years and is in need of someone who can write more than auto insurance.\n\nThank you very much for having taken the time to put in writing this page up for those of use seeking to improve ourselves. If you’re undecided about been an exclusive agent or not then just go along with a MGA, start writing your corporation plan to present it.