Dealing Insurance With Tom Basey

Tom Basey, an independent insurance broker based in Texas, discussed the pros and cons of being an insurance broker, the steps to becoming an independent agent, and the different types of insurance policies. He also discussed the commission structure and the importance of building a book of business. He shared his business practices, such as sending yearly appreciation gifts and checking in with clients periodically. He also mentioned that his income is unpredictable and that he needs to work until he has a stack of clients and residual income. He encouraged people to contact him on social media or visit his website to further the conversation.

Action Items
1. Get appointed with one or more carriers.
2. Get a business license.
3. Have errors and omissions insurance.
4. Consider virtual or physical presence for a business.
5. Research different types of insurance policies.
6. Understand the commission structure.
7. Build a book of business and retain it.
8. Send out yearly appreciation gifts.
9. Check in with clients periodically.
10. Reconcile accounts if needed.
11. Contact Tom Basey on social media platforms or visit his website.

Links
https://deadamerica.website/dealing-i...
Tom Basey
https://basey-insurance.com
[email protected]
www.linkedin.com/in/tombasey
www.facebook.com/tom.basey
https://twitter.com/TomBasey