Pluspunten
The pro is just that you are self- employed but broke.
Minpunten
First all, believe nothing the recruiter tells you! It’s all lies. It sounds good but the money doesn’t add up! This company allows their recruiters/sales managers to blatantly lie and say whatever to get new agents. They don’t plan for you to succeed. They’re just in it for the money they get for you signing on. Once you’ve done that, they are nonexistent and don’t know anything! Allstate is a slimy company that has figured a way to manipulate people to use their own money to promote them their products just to end up in debt. Lol. It’s laughable that they expect agents to jump out and spent thousands on marketing monthly, a retail location and three or more staff members when their commission is extremely low. That’s if they pay you correctly at all which they won’t. Your agency commissions are always extremely lower than what they are supposed to be and you’ll have to spend your day emailing and filling out online forms to get corrections which NEVER happen! Their contract and commissions can change at anytime and trust me they will. As soon as you’ve spent YOUR money to go to their training program in Illinois and on getting your office decked out. Be prepared for constant irate customers because once you’ve written the policies especially home, Allstate sends someone out and they disagree and feel the house needs MORE coverage than what their own system evaluated while you quoted it. Lots of rate increase conversations and claims not being paid conversations from customers. Just a nightmare that you’ll regret getting involved with. But you’ll feel struck because either you buy a book that doesn’t provide the income they promised or you fall off their extremely unattainable tier and your commission drops to ten percent. Either way you end up in debt. Once you quit they will not allow you to sale the book unless they approve the buyer and guess what? They won’t. And you’ll end up like 90 percent of their new agents within the last 5-10 years, closing your doors on this nightmare before you lose all of your own $100,000 investment. After I left, they never alerted customers of it or placed them with a new agent. I know because my own policy was still with them for a few months. I feel bad for the clients I wrote with them since they gave me the run around months later when I needed to file a claim. I’m horrified knowing they may be treated the way I was.