Texas Insurance Sales Representative Rocks Country
Only after integrating over 20 data factors, including demographic and financial statistics can a state is measured in a rating versus all other states. After the complete analysis was calculated, the state of Texas life insurance agents placed near the very top. Only Florida and California ranked higher.
90,000 agents invading the insurance market should appear similar to hordes of revved up bulls locking horns, fighting over prime grazing turf. The number of life licensed agents exceeds Vermont, Nevada, North Dakota, South Dakota, West Virginia, Delaware, Idaho,Montana, Wyoming, New Mexico, Utah, Alaska, Maine, New Hampshire, Rhode Island, and Nebraska combined. Plus throw in your choice of either or Arizona or Colorado life insurance represntatives.. That's no bull.
Since the focus is highlighting life insurance selling, that 91,000 agent number dwindles down to 60,000 agents when one category of agents is eliminated. Although these insurance producers are licensed to sell life insurance products, they often sell life polices sparingly. And collectively, these insurance companies comprise a small fraction of the life insurance sold. Their massive squad of agents is full of activity concentrating on selling auto, home, and commercial coverage.
Just look in the yellow pages, and you will find listings of agent after agent advertising Allstate, State Farm, Farm Bureau, AAA, Nationwide, and similar over captive carriers. Watch television and you are blasted with Geico and Progressive ads. Even before removing this category of agents, licensed Texas insurance agent numbers are relatively undersized.
With only 68 Texas life insurance agents per one thousand residents, this in the lowest ratio in the United States. Some big geographic states like Montana, Wyoming, and the Dakotas have an agent ratio almost doubling Texas. Now throw a population statistic in to tip the scales in the life agents favor. The population of Texans is exploding. Growing by 7.9% just between the years 2000-2004. In the last few years all of these figures have consistently escalated upward. For newer agents this means lots of new prospects rarely approached by ignored by experienced sales reps.
With a state like Texas having a low percentage of senior citizens there is plenty of room for retirement planning without overheated competition. In turn insurance marketing firms can key in on a sufficient amount of established pros to sell their life products. As a result of this, life insurance brokers have a growing encyclopedia of life insurance companies to write business for.
Insurance marketers and insurance company recruiters concentrating on independent and semi-independent agents have three additional bonuses.
An additional benefit is discovered by reviewing the 60,000 revised net life producer figures explained above. Compare this to the fact that 40,000 of these life insurance agents are independent or semi-independent. For marketers and recruiters this produces a positive ratio figure exceeding normal boundaries. Another bonus is agent turnover ratio well below the national average. This provides the ability for more agents to make selling life insurance in Texas a career. Definitely this is a vast improvement over insurance sales being just a temporary job.
The last bonus is one that sure has marketers and those selling products to an insurance sales representative leaping quickly to grab a sure fire opportunity. Although salespeople are made and not born, they all have one genetic factor in their makeup. That is the adrenaline flow that charges through your veins when you see the lack of competition. When there is less demand and increased supply, your chances of picking up quality increases. Texas is second to only California in the number of insurance brokers.
When it comes to the demand area, Texas drops all the way to 12th in the number of calls and mailers Texas life insurance agents will receive,. If this is your territory of marketing, you would be wise to move as fast as you can. Right now better than imagined results are obtainable. In another year when your competition wises up, all this can rapidly change.
A marketing tip. Keep your attention streamlined toward outside the big city limits. The five largest counties in Texas are hit 2 to 3 times as hard as the 80+ remaining counties. Spend your time, when you can make the most of your sales offerings. That means focusing in on the 80 counties with a whole less residents. You do not pass go until you hit the range of small towns. Target these areas twice, once now, and again 2 months later.
For a Texas insurance sales representative, or independent insurance marketing organization, or a product seller, here is a great opportunity for profitable results. Reps that are not constantly bombarded with solicitations are the most likely to be receptive. The overlooked 55% of agent will be more response to evaluating your product offering.
Texas is a state where your agent selection quality must greatly outweigh quantity. You must begin to take action now. At any time the competition will notice what they are missing and begin their plan of attack.
Want the steak or the left over bones?
90,000 agents invading the insurance market should appear similar to hordes of revved up bulls locking horns, fighting over prime grazing turf. The number of life licensed agents exceeds Vermont, Nevada, North Dakota, South Dakota, West Virginia, Delaware, Idaho,Montana, Wyoming, New Mexico, Utah, Alaska, Maine, New Hampshire, Rhode Island, and Nebraska combined. Plus throw in your choice of either or Arizona or Colorado life insurance represntatives.. That's no bull.
Since the focus is highlighting life insurance selling, that 91,000 agent number dwindles down to 60,000 agents when one category of agents is eliminated. Although these insurance producers are licensed to sell life insurance products, they often sell life polices sparingly. And collectively, these insurance companies comprise a small fraction of the life insurance sold. Their massive squad of agents is full of activity concentrating on selling auto, home, and commercial coverage.
Just look in the yellow pages, and you will find listings of agent after agent advertising Allstate, State Farm, Farm Bureau, AAA, Nationwide, and similar over captive carriers. Watch television and you are blasted with Geico and Progressive ads. Even before removing this category of agents, licensed Texas insurance agent numbers are relatively undersized.
With only 68 Texas life insurance agents per one thousand residents, this in the lowest ratio in the United States. Some big geographic states like Montana, Wyoming, and the Dakotas have an agent ratio almost doubling Texas. Now throw a population statistic in to tip the scales in the life agents favor. The population of Texans is exploding. Growing by 7.9% just between the years 2000-2004. In the last few years all of these figures have consistently escalated upward. For newer agents this means lots of new prospects rarely approached by ignored by experienced sales reps.
With a state like Texas having a low percentage of senior citizens there is plenty of room for retirement planning without overheated competition. In turn insurance marketing firms can key in on a sufficient amount of established pros to sell their life products. As a result of this, life insurance brokers have a growing encyclopedia of life insurance companies to write business for.
Insurance marketers and insurance company recruiters concentrating on independent and semi-independent agents have three additional bonuses.
An additional benefit is discovered by reviewing the 60,000 revised net life producer figures explained above. Compare this to the fact that 40,000 of these life insurance agents are independent or semi-independent. For marketers and recruiters this produces a positive ratio figure exceeding normal boundaries. Another bonus is agent turnover ratio well below the national average. This provides the ability for more agents to make selling life insurance in Texas a career. Definitely this is a vast improvement over insurance sales being just a temporary job.
The last bonus is one that sure has marketers and those selling products to an insurance sales representative leaping quickly to grab a sure fire opportunity. Although salespeople are made and not born, they all have one genetic factor in their makeup. That is the adrenaline flow that charges through your veins when you see the lack of competition. When there is less demand and increased supply, your chances of picking up quality increases. Texas is second to only California in the number of insurance brokers.
When it comes to the demand area, Texas drops all the way to 12th in the number of calls and mailers Texas life insurance agents will receive,. If this is your territory of marketing, you would be wise to move as fast as you can. Right now better than imagined results are obtainable. In another year when your competition wises up, all this can rapidly change.
A marketing tip. Keep your attention streamlined toward outside the big city limits. The five largest counties in Texas are hit 2 to 3 times as hard as the 80+ remaining counties. Spend your time, when you can make the most of your sales offerings. That means focusing in on the 80 counties with a whole less residents. You do not pass go until you hit the range of small towns. Target these areas twice, once now, and again 2 months later.
For a Texas insurance sales representative, or independent insurance marketing organization, or a product seller, here is a great opportunity for profitable results. Reps that are not constantly bombarded with solicitations are the most likely to be receptive. The overlooked 55% of agent will be more response to evaluating your product offering.
Texas is a state where your agent selection quality must greatly outweigh quantity. You must begin to take action now. At any time the competition will notice what they are missing and begin their plan of attack.
Want the steak or the left over bones?
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