Unlock Your Earning Potential: Why Becoming an Insurance Agent is the Ultimate Side Hustle
March 24, 2023
Author: Deena Gallo

Are you looking for a side hustle that can help you earn some extra cash? In today's world, having multiple sources of income has become a necessity. One way to achieve this is through a side hustle. Becoming an insurance agent might just be the answer you're looking for!

Here are four reasons why:

One of the biggest benefits of becoming an insurance agent is the flexibility it offers. As an agent, you can work on your own schedule and from anywhere with an internet connection. This can be a huge advantage for those with other commitments such as a full-time job or family responsibilities. You can work in the evenings, on weekends, or whenever else works best for you. Plus, you don't have to worry about commuting to an office every day, which can save you time and money.

Earning potential:

Another advantage of becoming an insurance agent is the earning potential. Agents typically earn a commission on each policy they sell, so the more policies you sell, the more money you can make. Plus, many insurance companies offer bonuses or other incentives for agents who reach certain sales targets. This means that there is a lot of potential for earning a good income as an insurance agent, especially if you're good at selling and building relationships with clients.

Helping others:

As an insurance agent, you have the opportunity to help others protect their assets and financial security. You'll be able to guide your clients through the sometimes complicated process of choosing the right insurance policies, and help them understand the benefits and risks of each option. This can be a very rewarding aspect of the job, as you'll be able to see the impact of your work in the lives of your clients. Plus, you'll have the satisfaction of knowing that you're making a difference by helping people protect what matters most to them.

Personal growth:

Finally, becoming an insurance agent can also help you grow as a person. You'll learn valuable skills such as sales and communication, which can be useful in other areas of your life. Plus, you'll have the opportunity to meet new people and build your professional network. As you become more experienced, you may even have the opportunity to mentor other agents or take on leadership roles within your organization. All of these experiences can help you become a more well-rounded and confident individual, both personally and professionally.

So, how do you become an insurance agent?

There are a few different paths you can take.

One option is to contact insurance companies and agencies directly to inquire about training opportunities.

Many companies offer training programs for new agents, which can help you get up to speed on the industry and the products you'll be selling.

Another option is to take a course or get certified in insurance sales.

There are many courses available online or in-person that can teach you the skills you need to become a successful insurance agent. You can also attend industry events and conferences to meet other agents and learn more about the industry.

Getting a 2-20 license and becoming a subagent is a great way to start a career in the insurance industry.

A 2-20 license is a license that allows you to sell property and casualty insurance in the state of Florida. To get a 2-20 license, you'll need to complete a pre-licensing course and pass a state exam. Once you've obtained your license, you can then become a subagent by working under a licensed insurance agency.

As a subagent, you'll have the ability to sell insurance policies and earn commissions, while also receiving support and guidance from your sponsoring agency. This can be a great way to gain experience and build your client base, while also learning from more experienced agents. Plus, as a subagent, you'll have the ability to sell a variety of insurance products, from auto and home insurance to commercial and liability insurance. Overall, getting a 2-20 license and becoming a subagent can be a great way to start your career in the insurance industry and build a successful business.

Finally, you may want to consider a franchise opportunity.

Many well-known insurance companies and agencies offer franchise opportunities for individuals who want to become agents under their brand. This can be a great option if you're looking for the backing of a well-known brand and the support of an established network.

Becoming an insurance agent can be a great side hustle for those looking to earn extra income while helping others and growing personally. With a bit of training and networking, you can start building your client base and earning commissions in no time. So why not give it a try?

Interested in becoming an insurance agent with us?

Getting appointed with Rocket MGA is a straightforward process that can open up a world of opportunities for aspiring insurance agents. Rocket MGA offers a wide range of insurance products from top-rated carriers, as well as comprehensive training and support for agents. This means that agents can offer their clients a wide range of coverage options to meet their unique needs. Additionally, Rocket MGA provides agents with cutting-edge technology and tools to streamline their workflows and increase their efficiency. Overall, Rocket MGA is a trusted partner for insurance agents who want to build successful businesses in the insurance industry.

To get appointed with Rocket MGA, simply fill out an online application form and submit it for review. Once you're approved, you'll be able to start selling insurance policies and earning commissions right away. Rocket MGA also provides ongoing training and resources to help you grow your business and increase your sales. With Rocket MGA, you'll have the support and guidance you need to build a successful career as an insurance agent.