What is required to start an insurance company in Florida?

Answer-From Nick-

Well, First of All You need a lisense to sell the insurance by the state, ,which is easily obtainable w/ a small fee and a test, the rest is kind of like running a retail store except you need a minimum of $1,000,000 which you can get with investors. But if you don't want to screw people over like the present tyoe of insurance companies do, i can say you might need upwards of $3,000,000 to start, not to crush your spirits.

But you also have do get your company the lisesnses to sell insurance, which is a totally different story.

Basically, start out small, act like an independent agent and follow the guidlines in the first paragraph. be carful.

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