Consumer Information
Welcome to our consumer information site. The Vermont Insurance Agents Association is committed to providing consumers with the most up-to-date information about trends in the industry as well as independent advice about the purchase of insurance.
BECOMING an Independent Agent:
If you are seeking a rewarding career and want to help people at the same time, you may want to consider being an independent agent. An insurance agent is part salesperson, part advisor and often a personal friend of the customer. In fact, many people stay with the same agent their whole life. As an agent, your income is determined by the time, effort and careful thought put forth. Independent Insurance Agents enjoy professional status in their communities and are respected by their fellow citizens who often look to them for leadership in public service activities.
Like any worthwhile endeavor, there are specific steps that those who wish to find success usually follow. Here's what VIAA recommends as a general course to take:
- Take a personality assessment test
- Obtain an agent license
- Form an agency corporation
- Obtain company appointments
- Establish premium terust account per Regulation 95-1
- Obtain E&O insurance coverage through VIAA
- Obtain membership in VIAA
