Qualification means how we classify the state for independent and semi-independent agents who negotiate insurance cases. California obtains and deserves the top grade of 2nd. What a great marketing opportunity this offers not only for recruiting, but also for external product sales targeting agents with considerable income!
California insurance agents were investigated and analyzed beyond normal limits in preparing this direct marketing insurance report. We closely assess our vast insurance database, looking for trends, statistics and figures. We analyzed the records of 140,000 California Department health, annuity and life insurance agents. We then put them through a series of numerous computer data programs. Only then was it determined how many of the 140,000 trading brokers. By brokerage, this means agents who want to place business outside of their main company as semi-independent agents or as fully independent intermediaries.
The first step is to match this information with the demand of our clients: insurance company recruiting directors, regional recruiters, brokerage firms, wholesalers, independent marketing firms, state-run general agents, and other insurance marketer ratings. demographic and educational data. Last, and certainly not least, we evaluated feedback received from recruiting companies that recently marketed their products to California insurance agents.
California is a great corridor close to Florida as the ideal recruiting state. California insurance agents rank as champions in this category. That’s the ratio of fully licensed agents to those who independently negotiate insurance products. California insurance agents are overwhelmingly open-minded to offers from insurance advertisers. Experienced California insurance agents are interested in higher-than-ordinary products to offer top products to their clients. Just over 53,000 insurance brokerage agents call California home.
The number of large professional life agencies with 50 to 350 agents is surprisingly small in California. Especially when comparing it to other larger states. In particular, the New England area states. The smaller career agency factor keeps agent turnover clearly lower than normal. Also in the metropolitan areas of Southern California, traffic congestion plays a role. This directly affects the distance an agent will reasonably travel to reach a customer. It also affects the location of your offices, attending a seminar or fueling your gas tank.
This has a bounce result. The number and percentage of general home-based personal production agents in California far exceeds all other states. This distinctive feature is especially true in the greater Los Angeles area. Most of California’s small office general agents have worked their way into the higher-earning tranches of insurance sellers across the country.
For hiring California insurance agents, there are two areas in which top agents are not relentlessly pursued. The first is the Central area, which we distinguish as zip 930-939 sectional centers. Second, there is less competition in hiring California insurance agents in the northern part of California. The northern area encompasses the zip 940-960 sectional centers. These California insurance agents don’t get the extensive intrusive telemarketing, spamming, irritating faxes, or boring emails that their southern counterparts are overwhelmed with and constantly criticized with.
However, to retain your producer, your product must remain strong. In turn, this requires that your sales marketing letter to get leads to recruit agents is superior to any competitor. Of course, maintaining a strong relationship with agents is unmatched in retaining agents when your smartest competitors relentlessly go after your best producers.
Here’s a unique but overlooked reason that California agents make you more money. Look at the average cost of owning a home in almost any up and coming area of California. Compare these housing costs to some luxury cities in the southern states, or even Texas. The price is usually triple! Currently, it is estimated that 1/3 of the homes in the Los Angeles metro are selling for a million dollars or more. This means that California insurance agents need to be more open minded to improve ways to increase their insurance income. It is a simple matter of survival. California agents need to make money and a lot. Translated into production, it provides an unmatched need to issue powerful premiums and policy after policy.
California is a treasure chest for hiring marketers looking for profitable rewards.
On the flip side, look at the less experienced and mostly captive California insurance agents. If the newly hired California insurance agent ends up making $ 40,000 or less during his four years, count it long ago. In the vast majority of states, real estate agents wanting higher incomes make the transition to selling insurance. The opposite is true in California. Just selling a million dollar home every 3 months would translate to $ 60,000 minimum. How many California insurance agents do you know who had a net income of more than $ 50,000 in the first year? (You won’t need a calculator to find out.) That’s the best reason to forget the rookies and go for the pros.
With more than 50% of agents residing in the 5 largest counties, concentrating recruiting in the other counties will increase your results. TIP: Greater Los Angeles, Zippers 900-919, receives over 65% of agent marketing listing order requests. Get out of Los Angeles The exception is when your sales marketing letter to California insurance agents is not for hiring agents, but to sell other products to them. Segmenting your list to reach only the richest areas, direct targeting that is tailored to your marketing audience.
Some important statistical information on licensed California insurance agents.
State population 2005 – 36,135,000, Population change 2000-2005 + 6.5%.
Agents per thousand residents is 3.0 (ideal), People per square mile is 217.
The median household income is $ 58,330.00. The income range for all states is 13.
High school graduates are 76.8% and college education is 26.6%
The elderly population is only 10.7%.
The largest counties in California are Los Angeles, Orange, San Diego, San Bernardino, Santa Clara, and Riverside, and the top 5 counties comprise 50% of the population.