{"id":138,"date":"2023-10-22T06:29:29","date_gmt":"2023-10-22T06:29:29","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=138"},"modified":"2023-10-22T06:29:31","modified_gmt":"2023-10-22T06:29:31","slug":"how-to-start-an-insurance-company","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/uncategorized\/how-to-start-an-insurance-company\/","title":{"rendered":"How to Start an Insurance Company: Easy Step-By-Step"},"content":{"rendered":"<p>Starting your insurance company in California or Texas with little or no money requires a <a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/how-to-become-an-insurance-broker\/\" target=\"_blank\" rel=\"noreferrer noopener\">license<\/a> from the Department of Insurance and strict adherence to state mandates. Although starting an insurance company can be a herculean task in some states, such as Texas, California, and Florida, it is possible with the right knowledge and perseverance. Getting it right requires paying attention to several specifics, but these are all teachable skills.\u00a0<\/p><p>This article will detail the steps necessary to start an insurance company in the United States, specifically in the states of California, Texas, and Florida.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-start-an-insurance-company-nbsp\"><span id=\"how-to-start-an-insurance-company\">How to Start an Insurance Company&nbsp;<\/span><\/h2><p>The availability of insurance is a major driving force behind the need for safety nets in the face of uncertainty. If you are starting an insurance firm, you will eventually have to think about everything from prevention to risk management for your clients. Following these guidelines will help you start a stable and successful insurance company. Let\u2019s get started:&nbsp;&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-1-choose-an-insurance-niche\"><span id=\"1-choose-an-insurance-niche\">#1. Choose an Insurance Niche<\/span><\/h3><p>Most insurance companies focus solely on one particular line of coverage. This is not always the case, however, as there have been cases of insurance providers providing coverage for more than one risk. You should first decide what kind of insurance you want to sell before launching your insurance agency.<\/p><h3 class=\"wp-block-heading\" id=\"h-2-create-a-solid-business-plan\"><span id=\"2-create-a-solid-business-plan\">#2. Create a Solid Business Plan<\/span><\/h3><p>The next thing to do if you want to launch an insurance firm is to map out how you will operate. A successful insurance agency begins with a well-thought-out business plan that lays out a course to profitability. All possible parties, such as investors, employees, and insurers, can use this as evidence of your commitment to them. A business plan serves as the cornerstone of any successful startup. It helps you find customers, zero in on your niche, and settle on a prime spot to set up shop.&nbsp;<\/p><p>To begin with, your business plan must:<\/p><ul class=\"wp-block-list\"><li>Outline the insurance products and services you intend to provide, as well as your plan to bring in customers.&nbsp;<\/li>\n\n<li>Research the customers, distributors, and competitors in your industry.<\/li>\n\n<li>List the qualities that set you apart from the competition.<\/li>\n\n<li>Take the risks into account.<\/li>\n\n<li>Include preliminary spending that thinks about startup costs and cash flow projections.<\/li><\/ul><h3 class=\"wp-block-heading\" id=\"h-3-choose-a-structure-for-your-company\"><span id=\"3-choose-a-structure-for-your-company\">#3. Choose a Structure for Your Company<\/span><\/h3><p>How your company is structured will determine how much responsibility falls on your shoulders. Thus, determining your company&#8217;s structure is the next step in launching an insurance agency. There is a wide variety of structures to choose from:<\/p><ul class=\"wp-block-list\"><li>Sole proprietorship<\/li>\n\n<li>Partnership<\/li>\n\n<li>Limited liability company (LLC)<\/li>\n\n<li>Corporation<\/li><\/ul><p>An <a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/llc-business-insurance\/\" target=\"_blank\" rel=\"noreferrer noopener\">LLC<\/a> is the best legal structure for your business. When forming an insurance company, opting for an LLC status can reduce owner liability. Which is favored over various alternate forms of corporate structure.<\/p><h3 class=\"wp-block-heading\" id=\"h-4-pick-a-name-for-your-company-and-register-it\"><span id=\"4-pick-a-name-for-your-company-and-register-it\">#4. Pick a Name for Your Company and Register It<\/span><\/h3><p>Choosing and registering an official name for your insurance firm is the next step. If you run a business as a sole proprietor, the company will be registered under your name. One alternative is to use a &#8220;doing business as&#8221; (DBA) name. It&#8217;s just as essential to select a name that:<\/p><ul class=\"wp-block-list\"><li>Simple to say and spell.<\/li>\n\n<li>Fulfills your state&#8217;s requirements.<\/li>\n\n<li>Explains your agency&#8217;s benefits.<\/li>\n\n<li>It is easy to search<\/li><\/ul><p>Once you have decided on a name, submit a registration form to the state&#8217;s administration. There might be a small registration fee.<\/p><h3 class=\"wp-block-heading\" id=\"h-5-obtain-an-irs-tax-identification-number\"><span id=\"5-obtain-an-irs-tax-identification-number\">#5. Obtain an IRS Tax Identification Number<\/span><\/h3><p>Per IRS rules, all businesses, whether they be sole proprietorships or publicly traded corporations, must include their FEINs when filing their tax returns. This is a crucial factor in starting an insurance agency, as the EIN is also needed to open a business checking or credit card account. Those who run businesses as sole proprietors or one-member LLCs can use their SSNs.<\/p><h3 class=\"wp-block-heading\" id=\"h-6-obtain-the-necessary-permits\"><span id=\"6-obtain-the-necessary-permits\">#6. Obtain the Necessary Permits<\/span><\/h3><p>The state registration process is a crucial step in starting an insurance company. After obtaining your federal tax ID, it is time to get in touch with the insurance commissioner&#8217;s office in your state. For state and local taxes, you typically have to register as a \u201cresident business entity.\u201d<\/p><p>Obtaining the appropriate permissions is also important if you want to start an insurance company. It is possible that, even though you have your agent&#8217;s license, you will need some other kind of license to legally operate your business. Choosing &#8220;resident business entity&#8221; status when filing for state and local taxation is standard practice.<\/p><p>Acquire all necessary permits and licenses, such as those for collecting sales tax and operating a business, from your state and local governments. Your company may need a license from the state insurance department.<\/p><p>Contacting state and local governments is another option for obtaining the information you need and ensuring legal compliance.<\/p><h3 class=\"wp-block-heading\" id=\"h-7-take-out-an-insurance-policy-to-safeguard-your-business\"><span id=\"7-take-out-an-insurance-policy-to-safeguard-your-business\">#7. Take Out an Insurance Policy to Safeguard Your Business<\/span><\/h3><p>Depending on its size, location, and assets, a company&#8217;s insurance needs will vary. It is common knowledge that liability insurance is a necessity for self-employed agents. However, as a business owner, you should also keep in mind several other potential threats.<\/p><ul class=\"wp-block-list\"><li>In the event of property damage or personal injury to a customer, general liability insurance will cover the costs.<\/li>\n\n<li>Cyber liability insurance safeguards financial institutions against financial loss resulting from computer hacking or data breaches.<\/li>\n\n<li>Professional liability, or E&amp;O, insurance protects you from lawsuits over mistakes or oversights. Having E&amp;O insurance is a prerequisite for business registration in some states.<\/li><\/ul><h3 class=\"wp-block-heading\" id=\"h-8-promote-your-new-insurance-company\"><span id=\"8-promote-your-new-insurance-company\">#8. Promote Your New Insurance Company<\/span><\/h3><p>Unless you actively promote your insurance agency, no one will know about it. Promote your business using a wide range of advertising channels, from billboards to email to social media. Boosting your clientele is as simple as increasing your advertising reach.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-start-an-insurance-company-with-no-money-nbsp\"><span id=\"how-to-start-an-insurance-company-with-no-money\">How to Start an Insurance Company with No Money&nbsp;<\/span><\/h2><p>In most cases, running an agency can provide you with a reliable source of income for many years while also helping people safeguard their valuables and savings. It is possible to start a successful insurance company from scratch, even if you have no money. <\/p><h2 class=\"wp-block-heading\" id=\"h-steps-to-start-an-insurance-company-with-no-money-nbsp\"><span id=\"steps-to-start-an-insurance-company-with-no-money\">Steps to Start an Insurance Company with No Money&nbsp;<\/span><\/h2><h3 class=\"wp-block-heading\" id=\"h-1-get-a-business-plan\"><span id=\"1-get-a-business-plan\">#1. Get a Business Plan<\/span><\/h3><p>Starting an insurance company from scratch with no money in either Texas or California requires\u00a0a business plan, which is essential when launching an insurance agency. Business plans typically require a lot of time, energy, research, writing, and reviewing. A well-documented strategy can be useful even for well-established businesses. Your strategy can also help you get loans and make personal connections. Also, it is a good idea to revisit your business plan regularly so that you can better understand your company&#8217;s direction and the steps you need to take to get there.\u00a0<\/p><p>Other processes you can use to start an insurance company with little or no money include:<\/p><h3 class=\"wp-block-heading\" id=\"h-2-choose-a-business-structure\"><span id=\"2-choose-a-business-structure\">#2. Choose a Business Structure<\/span><\/h3><p>Choosing the best legal framework for your business is essential. Understanding your options is crucial as you launch your business. Why? Your tax rates, fundraising possibilities, compliance burdens, and other factors are all affected by your business&#8217;s legal structure.<\/p><h3 class=\"wp-block-heading\" id=\"h-3-obtain-funding-to-start-your-insurance-company\"><span id=\"3-obtain-funding-to-start-your-insurance-company\">#3. Obtain Funding to Start Your Insurance Company<\/span><\/h3><p>Having access to capital is essential for starting any kind of business. It allows them to expand, hire more people, and pay their fair share of taxes to the city, state, and federal governments. The amount of money you will need at the outset depends on several variables, including the nature of your business and its location.\u00a0<\/p><p>Larger organizations, however, will need funding to cover overhead expenses like renting office space and paying employees. Similarly, a sole proprietor who operates out of their home and has no or few employees will have minimal overhead. Therefore, until you establish a reliable revenue stream, you must ensure that your operating expenses are adequately covered. You can access funding through various means, such as:<\/p><ul class=\"wp-block-list\"><li>Loans and grants<\/li>\n\n<li>Crowdfunding<\/li>\n\n<li>Personal savings<\/li>\n\n<li>Pitching<\/li>\n\n<li>Angel investor<\/li>\n\n<li>Partnership<\/li>\n\n<li>Venture Capital<\/li><\/ul><h3 class=\"wp-block-heading\" id=\"h-4-check-state-laws-and-license-requirements\"><span id=\"4-check-state-laws-and-license-requirements\">#4. Check State Laws and License Requirements<\/span><\/h3><p>Selling insurance requires a license in the majority of jurisdictions. State laws control the prerequisites for and requirements for obtaining a license. Find the appropriate group for your state and get in touch with them for help.\u00a0<\/p><h3 class=\"wp-block-heading\" id=\"h-5-access-other-insurance-businesses\"><span id=\"5-access-other-insurance-businesses\">#5. Access Other Insurance Businesses<\/span><\/h3><p>If you want to make money after getting your insurance license, you will need to sell your wares to well-established insurance companies. A marketing plan, some experience in selling, and a solid business plan are probably necessities.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-6-obtain-management-abilities-as-well-as-technical-expertise\"><span id=\"6-obtain-management-abilities-as-well-as-technical-expertise\">#6. Obtain Management Abilities as Well as Technical Expertise<\/span><\/h3><p>Sales, brand management, and efficient office management are all essential competencies for any agency owner. However, the &#8220;diversity resources&#8221; provided by the IIABA can help you gain a more complete picture of the marketplace and your target audience.\u00a0<\/p><p>On the other hand, you must be aware of the risks to your customers. In general, it is a good idea for every company to stress the importance of insurance education.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-start-an-insurance-company-in-california-nbsp\"><span id=\"how-to-start-an-insurance-company-in-california\">How to Start an Insurance Company in California&nbsp;<\/span><\/h2><p>It is not easy to start an insurance company, but with the right resources and some expert advice, you can build a thriving California LLC. Due to its size and complexity, the insurance sector is subject to several rules and requirements that must be followed to be compliant.<\/p><p>A California insurance company is a type of for-profit organization that sells financial security against the risk of financial loss due to accidents, illnesses, or other perils. These businesses fall under the purview of the California Department of Insurance as providers of insurance services, making them subject to a wide range of regulations.<\/p><p>If you want to start an insurance company in California, you should talk to a business consultant or attorney first to make sure you follow all the rules and regulations. Your <a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/california-workers-comp-settlement-chart-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">California company<\/a> risks losing money or even being shut down if this requirement is not met.<\/p><h2 class=\"wp-block-heading\" id=\"h-steps-to-start-an-insurance-company-in-california\"><span id=\"steps-to-start-an-insurance-company-in-california\">Steps to Start an Insurance Company in California<\/span><\/h2><p>There is a lot of work that goes into starting an insurance company in California, from exploring the market to learning the ins and outs of the state&#8217;s complicated regulatory landscape. This comprehensive manual will lead you through the process of starting an insurance company in California, laying the groundwork for a prosperous enterprise.<\/p><h3 class=\"wp-block-heading\" id=\"h-1-research-the-insurance-market\"><span id=\"1-research-the-insurance-market\">#1. Research The Insurance Market<\/span><\/h3><p>Researching the insurance market in California is the first step in starting an insurance company. The best course of action would be for you to investigate the competitive environment of the insurance sector in California by examining the market share of current insurance providers, the kinds of policies they provide, and their pricing models. This will assist you in determining market gaps that may exist as well as ways to set your business apart from rivals.<\/p><h3 class=\"wp-block-heading\" id=\"h-2-create-a-business-plan-nbsp\"><span id=\"2-create-a-business-plan\">#2. Create a Business Plan&nbsp;<\/span><\/h3><p>Create a thorough business plan after deciding what kind of insurance company you want to launch in California. Included in this plan should be details about your intended audience, marketing and sales tactics, company structure, financial forecasts, and any obstacles you expect to face.<\/p><p>A thorough description of the insurance products you intend to sell, pricing tactics, risk management strategies, and underwriting procedures should all be included in your business plan.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-3-register-your-company-and-acquire-licenses\"><span id=\"3-register-your-company-and-acquire-licenses\">#3. Register Your Company and Acquire Licenses<\/span><\/h3><p>To legally operate an insurance agency in California, a business must first register with the state through the Secretary of State and then obtain any relevant licenses and permits. Choosing a name for the business, filing Articles of Organization or Articles of Incorporation, applying for an EIN from the Internal Revenue Service, and securing any necessary licenses and permits are all steps to establishing a legitimate foundation.<\/p><p>Also, there are several things to think about when coming up with a name for your California insurance agency that will help it stand out and attract new clients. Before settling on a name, make sure it is not already in use. Keep in mind that the name of your company will be the first thing a customer hears about it.<\/p><p>The state of California has strict guidelines that insurance firms must follow. This includes reporting requirements, reserve requirements, and consumer protection laws.<\/p><h3 class=\"wp-block-heading\" id=\"h-4-get-insurance-for-your-business-nbsp\"><span id=\"4-get-insurance-for-your-business\">#4. Get Insurance for your Business&nbsp;<\/span><\/h3><p>If you are starting an insurance agency, getting company insurance is a must. That way, your home, and other valuables will not be at risk if you get sued while running an insurance agency.<\/p><p>To safeguard your company, you will need to invest in insurance policies like general liability, professional liability, and workers&#8217; comp.&nbsp;&nbsp;<\/p><p>To find out what kind of insurance and how much you need for your company, you should talk to a professional insurance agent or broker.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-5-develop-policies-and-control-procedures\"><span id=\"5-develop-policies-and-control-procedures\">#5. Develop Policies and Control Procedures<\/span><\/h3><p>To do this successfully, you will need to craft underwriting guidelines and risk management strategies that fit in with your company&#8217;s overall objectives and the coverage it will provide. To do so, they may implement risk management strategies like reinsurance and loss control, as well as underwriting criteria for assessing prospective policyholders.<\/p><p>Different types of insurance in California have different minimum capital and surplus requirements set by the state. While sole proprietors are legal in California to start an insurance company, corporations typically offer more protection from lawsuits.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-start-an-insurance-company-in-texas-nbsp\"><span id=\"how-to-start-an-insurance-company-in-texas\">How to Start an Insurance Company in Texas&nbsp;<\/span><\/h2><p>While it may take some time and effort, you can achieve your goal of starting your own insurance company in Texas. However, if you are looking for a great place to start an independent insurance company, Texas is a great option. Similarly, the Affordable Care Act guarantees the continued presence of insurance firms in Texas. There are, however, some essential measures you must take before starting an insurance company in Texas.<\/p><p>Most Texas insurance companies need $250,000\u2013$500,000 in capital and surplus.<\/p><p>Insurance companies in Texas need a certificate of authority. To get your hands on a COA in the Lone Star State, you will need to fill out an application with the Texas Department of Insurance. The process of acquiring a certificate of authority in Texas typically takes between four and six months. In Texas, insurance firms must file annual financial reports and undergo regular audits of their finances and business practices.<\/p><h2 class=\"wp-block-heading\" id=\"h-steps-to-start-an-insurance-company-in-texas\"><span id=\"steps-to-start-an-insurance-company-in-texas\">Steps to Start an Insurance Company in Texas<\/span><\/h2><h3 class=\"wp-block-heading\" id=\"h-1-establish-a-foundation\"><span id=\"1-establish-a-foundation\">#1. Establish a Foundation<\/span><\/h3><p>Make sure you are setting yourself up for success by doing the groundwork and research. research the market, establish a timeline for launching the business, and consult a lawyer about any necessary paperwork, approvals, or registrations. Moreover, you will need to raise money for it. If you do not have any money to get started, you have the option of looking for funding. Without connections to insurers and MGAs, the insurance industry would collapse. You will need a wide range of abilities, including technical know-how.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-2-choose-a-business-name\"><span id=\"2-choose-a-business-name\">#2. Choose a Business Name<\/span><\/h3><p>Before choosing a name, make sure it is available. Use the Texas Comptroller of Public Accounts Taxable Entity Search to see if the name you have chosen for your business is already in use. If you are starting a company in Texas, you can do a full business name search on their website.&nbsp;&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-3-choose-your-company-structure\"><span id=\"3-choose-your-company-structure\">#3. Choose your Company Structure<\/span><\/h3><p>In Texas, running an insurance company is subject to a plethora of rules and regulations. Nonetheless, your agency structure options include sole proprietorship, partnership, and corporation. However, while sole proprietorships are the least expensive and easiest option, they also leave you vulnerable to legal action. However, sole proprietorships and corporations need a different license from the Texas Department of Insurance (TDI). In addition, the IRS requires businesses to have a tax ID number to enforce tax compliance.<\/p><h3 class=\"wp-block-heading\" id=\"h-4-get-the-necessary-license-and-permits\"><span id=\"4-get-the-necessary-license-and-permits\">#4. Get the Necessary License and Permits<\/span><\/h3><p>To conduct business lawfully and follow all applicable laws and rules in Texas, a new insurance company must first obtain the appropriate licenses and permits. You need to follow the rules set forth by the state of Texas for insurance firms, such as reporting requirements, reserve levels, and coverage limits.&nbsp;<\/p><p>You should also request a Certificate of Incorporation (for-profit). Texas insurance companies need a Texas Certificate of Formation to form LLCs. The fee to file a Certificate of Formation\u2014For-Profit Corporation is $300. You can pay this fee online, by mail, in person, or by fax.<\/p><h2 class=\"wp-block-heading\" id=\"h-is-owning-an-insurance-company-profitable\"><span id=\"is-owning-an-insurance-company-profitable\">Is Owning an Insurance Company Profitable?<\/span><\/h2><p>For several reasons, running an insurance business can be very lucrative: Stable sources of income: Insurance companies generate consistent revenue streams in the form of premiums. Insurers receive consistent income from policy premiums paid periodically (typically monthly or annually). The success of an insurance firm is determined by its ability to maximize revenue while controlling expenses, investment returns, and payouts.&nbsp;<\/p><h2 class=\"wp-block-heading\" id=\"h-are-insurance-companies-hard-to-start\"><span id=\"are-insurance-companies-hard-to-start\">Are Insurance Companies Hard to Start?<\/span><\/h2><p>Opening an insurance agency is very similar to opening any other kind of company. Among other things, starting a business requires picking a legal structure, filing the appropriate paperwork, and getting insurance. However, you will also need to obtain an insurance license and acquire the knowledge necessary to succeed in a highly regulated industry. While starting an insurance company is no easy feat, it is possible to achieve success with the right mindset and a solid work ethic.&nbsp;<\/p><h2 class=\"wp-block-heading\" id=\"h-how-do-insurance-companies-make-money\"><span id=\"how-do-insurance-companies-make-money\">How do Insurance Companies Make Money?<\/span><\/h2><p>The primary methods by which insurance firms generate income are the collection of premium payments and the subsequent investment of those funds in interest-bearing assets. Insurance firms, being for-profit businesses, aim to maximize profits by reducing expenses wherever possible.<\/p><h2 class=\"wp-block-heading\" id=\"h-why-is-selling-insurance-so-hard\"><span id=\"why-is-selling-insurance-so-hard\">Why is Selling Insurance So Hard?<\/span><\/h2><p>A career in sales, whether in health insurance or another field, can be difficult. Some customers may have a negative outlook on your work and be difficult to deal with. Rejection is an inevitable part of any profession. Building trust with potential clients is perhaps the most demanding part of selling insurance. It takes more than just selling them your policies and showing them your numbers; it takes getting to know them on a deeper level, hearing out their concerns, and offering thoughtful, all-encompassing solutions.\u00a0<\/p><h2 class=\"wp-block-heading\" id=\"h-why-do-so-many-insurance-agents-fail\"><span id=\"why-do-so-many-insurance-agents-fail\">Why Do So Many Insurance Agents Fail?<\/span><\/h2><p>One of the most common causes of an insurance agent&#8217;s failure is a failure to properly assess the client&#8217;s needs and recommend a policy that addresses those needs. Keeping up with the many variations of insurance now available can be a hassle. If you make assurances you can not keep, you are inviting legal action. This is the quickest way to damage customer loyalty and, ultimately, your bottom line. Many insurance agents fail not because of their lack of people skills but rather because of their lack of market knowledge.\u00a0<\/p><h2 class=\"wp-block-heading\" id=\"h-is-selling-insurance-a-stressful-job\"><span id=\"is-selling-insurance-a-stressful-job\">Is Selling Insurance a Stressful Job?<\/span><\/h2><p>The commissions in the insurance sales industry can be quite high, and job flexibility and independence are also attractive features. But it is not a simple task. There will be a lot of negative feedback, pressure, and drop-offs from customers.<\/p><h2 class=\"wp-block-heading\" id=\"h-what-is-the-hardest-part-of-selling-life-insurance\"><span id=\"what-is-the-hardest-part-of-selling-life-insurance\">What Is the Hardest Part of Selling Life Insurance?<\/span><\/h2><p>Insurance salespeople face a significant challenge in trying to anticipate their clients&#8217; needs. Your clientele will represent a wide range of demographics and socioeconomic levels, each with its own set of priorities and problems to solve.<\/p><h2 class=\"wp-block-heading\" id=\"h-conclusion-nbsp\"><span id=\"conclusion\">Conclusion&nbsp;<\/span><\/h2><p>Marketing will make or break your new insurance agency. To raise your insurance agency&#8217;s profile, you can use anything from tried-and-true methods like cold calling to innovative strategies like expanding your company&#8217;s online presence with a blog or utilizing social media.<\/p><p>Starting an insurance company is not a walk in the park, but with determination and perseverance, it is possible.<\/p><h2 class=\"wp-block-heading\" id=\"h-related-articles\"><span id=\"related-articles\">Related Articles<\/span><\/h2><ol class=\"wp-block-list\"><li><a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/how-to-get-small-business-insurance-complete-guide\/\">How to Get Small Business Insurance: Complete Guide<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/business-liability-insurance-meaning-types-coverage\/\">Business Liability Insurance: Meaning, Types &amp; Coverage<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/business-insurance-for-llc-what-it-is-best-options\/\">Business Insurance For LLC: What It Is &amp; Best Options<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/business-insurance\/types-of-business-insurance-what-coverage-does-your-business-need\/\">Types of Business Insurance: What Coverage Does Your Business Need?<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/home-insurance\/dwelling-insurance\/\">DWELLING INSURANCE: How Much Dwelling Coverage You Need<\/a><\/li><\/ol><h2 class=\"wp-block-heading\" id=\"h-references-nbsp\"><span id=\"references\">References&nbsp;<\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"http:\/\/www.webinarcare.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">WebinarCare<\/a><\/li>\n\n<li><a href=\"http:\/\/www.insureon.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Insureon<\/a><\/li>\n\n<li><a href=\"http:\/\/www.upcounsel.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Up Counsel&nbsp;<\/a><\/li>\n\n<li><a href=\"http:\/\/www.investopedia.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Investopedia<\/a><\/li><\/ul>","protected":false},"excerpt":{"rendered":"Starting your insurance company in California or Texas with little or no money requires a license from the&hellip;\n","protected":false},"author":269,"featured_media":437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,1],"tags":[],"class_list":{"0":"post-138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-small-business","8":"category-uncategorized"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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