To start an insurance agency you need a state insurance license, carrier appointments, errors and omissions insurance, a book-building strategy, and agency management software. Most agencies launch in 2–4 months with $10,000–$50,000.
Complete pre-licensing education, pass the state exam for the lines you want to sell (P&C, life, health), and complete background checks.
Register as an LLC or corporation, obtain an EIN, and apply for a business entity license from your state insurance department.
Apply for appointments with major carriers (Progressive, Nationwide, Travelers); many require an existing book of business or a production plan.
Buy errors and omissions insurance ($1M/$1M), required by most carriers before they will appoint you and essential for protecting against client claims.
Use AMS software (Applied, Vertafore, EZLynx) for policy management, quoting, commissions, and client communication across carriers.
Start from scratch with cold calling and referrals, or buy an existing book ($1.50–$2.50 per dollar of premium) for immediate recurring revenue.
Track contingent and upfront commissions by carrier and line; use accounting software that handles agency-specific commission flows.
Complete continuing education, renew licenses on schedule, follow marketing and disclosure rules, and maintain proper records for state audits.
BizResCo connects you with verified professionals for every step of starting and growing your business.
Startup costs range from $10,000 for a home-based agency to $50,000+ for an office, AMS software, E&O insurance, and initial marketing investment.
Our AI assesses your business and generates a custom 90-day action plan with tasks, provider matches, and growth insights.
Start my free assessmentTo start an accounting firm you need a CPA license (if offering attest services), a business entity, professional liability insurance, tax and accounting software, and a client acquisition strategy. Most firms launch in 2–4 months with $10,000–$50,000.
To start a law firm you need bar admission in your state, a business entity compliant with ethics rules, malpractice insurance, a practice area focus, and client development systems. Most solo firms launch in 1–3 months with $10,000–$50,000.
To start a marketing agency you need a niche positioning, a service offering (SEO, PPC, social, content, or full-service), a portfolio, client contracts, and a client acquisition engine. Most agencies launch in 1–3 months with $5,000–$30,000.