How to Sell Commercial Insurance

Written by: Nik Ventouris

Last updated:

How to Sell Commercial Insurance

Navigating the world of selling commercial insurance policies can feel like a complex task, especially with the constant industry changes and competitive landscape. However, with the right tools and strategies, you can learn how to sell commercial insurance policies successfully and build a rewarding career in this field.

This guide will provide comprehensive insights into effective techniques for selling commercial insurance policies, the role of digital marketing in generating sales, and valuable tips for those embarking on this career path.

How to Sell Commercial Insurance Successfully

As we embark on the digital era, insurance agents must adapt and leverage online marketing strategies to increase their commercial sales.

This section will delve into digital marketing techniques like social media, content marketing, pay-per-click (PPC) advertising, and website creation. These strategies, when appropriately harnessed, can significantly broaden your client base and enhance your sales performance.

Social Media

In today’s interconnected world, social media platforms such as Facebook, Twitter, LinkedIn, and Instagram have emerged as potent tools for promoting and selling commercial insurance policies.

Here are some in-depth steps to maximize your social media presence:

  • Create business profiles: Establish a professional business page on each platform. This page will act as your digital storefront, where potential clients can learn more about your services
  • Regular posting: Consistency is key in social media marketing. Regularly posting updates, articles, tips, and industry news related to commercial insurance is a great way of showing your audience that you are active and knowledgeable
  • Engage with your audience: Social media is a two-way street. By responding to comments, messages, and reviews promptly you can foster a sense of community and show your audience that you value their input
  • Use relevant hashtags: Hashtags can significantly increase the visibility of your posts. Use popular and relevant hashtags to reach a broader audience interested in commercial insurance

Recommended Service

As a commercial insurance agent, we recommend working with Arrow; Arrow uses AI in order to offer up to five personalized posts a week, online traffic boosts, and weekly reporting.

4.5 out of 5 starsArrow Now ($49 per month)

Content Marketing

Content marketing is a strategy that involves creating and disseminating valuable and relevant content to attract, engage, and retain an audience.

Below, we’ve explored some of the best ways to utilize content marketing for selling commercial insurance policies:

  • Start a blog: Blogs are a great way to share in-depth information about commercial insurance topics. Make sure to regularly post insightful articles that answer common questions, explain complex concepts, or provide useful tips
  • Create visual content: Visual content like videos, infographics, and charts can make complex information far more engaging. Try sharing these on your social media platforms to increase your reach
  • Offer free resources: You can offer downloadable resources like ebooks, guides, or templates related to commercial insurance for free in exchange for contact information, which builds your email list
  • Email marketing: Regularly send out newsletters or updates sharing your blog posts, new policies, or industry news. Keep the content helpful and engaging to maintain your audience’s interest

Recommended: If you are interested in boost-starting your content marketing campaign, have a look at Sitetrail’s premium press release services.

Pay-Per-Click (PPC) Advertising

PPC advertising can be a potent tool to reach potential clients who are actively searching for commercial insurance services online.

The tips below can help you maximize your PPC advertising efforts:

  • Keyword selection: Choose keywords relevant to commercial insurance. These are the words or phrases your potential clients would type into the search engine
  • Compelling ad copy: Write engaging ad copies that highlight the benefits and unique selling points of your commercial insurance policies
  • Set a budget: PPC advertising works on a bidding system. Set a daily budget and monitor your ad performance to ensure you’re getting a good return on investment
  • Optimize for conversion: Your ads should lead to a landing page designed to convert the visitor into a client. The landing page should be clear, concise, and persuasive, with a strong call to action

Building a Website

In the digital age, a professional and user-friendly website is a necessity for every insurance agent. It serves as the digital face of your insurance business, where potential clients can learn more about your services, get in touch, or even sign up for a policy.

Below are key steps to building a successful website:

  • Choose a domain name and hosting provider: Your domain name should be easy to remember and related to your new business; a good hosting provider will also ensure that your website is always accessible and loads up quickly
  • Design your website: The website layout should be clean, easy to navigate, and mobile-friendly. Ensuring your website is compatible with various screen sizes is important as many clients will visit your site on their smartphones
  • Provide detailed information: Include detailed information about your insurance policies and services. Also, as a business owner, it is important to tell your visitors about your team and why they should choose you
  • Contact form: Make it easy for prospective clients to contact you by including a contact form on your website. This form can also help you gather the email addresses of potential clients for future marketing efforts
  • Search engine optimization (SEO): Use SEO techniques to improve your website’s visibility on search engines, such as using relevant keywords in your content, optimizing your images, and securing quality backlinks

Recommended Software

We recommend the GoDaddy Website Builder as a small insurance agent company. GoDaddy meets most small business needs while providing an extremely straightforward user experience.

Tips for Selling Commercial Insurance

Commercial insurance sales can be a challenging but rewarding career path.

The following tips provide practical advice to increase your sales performance and build a successful career as a commercial insurance agent.

  • Understand your target audience: Knowing your target clients’ needs and preferences can help you tailor your sales pitch and marketing efforts. Make sure you understand their pain points and how your policies can address them
  • Build strong relationships: Long-term relationships are key to success in insurance sales. One of the best ways to form these connections is by providing excellent customer service, maintaining regular communication, and going the extra mile to meet your clients’ needs
  • Offer competitive pricing: While price isn’t everything, it’s certainly a consideration for most businesses. Ensure your policies offer good value, as customers will be happier to spend money if they believe they are getting a good deal
  • Highlight unique selling points: Differentiate your policies from your competitors by highlighting what you offer that others don’t. This could be anything from unique coverage options to superior customer service
  • Keep up with industry trends: The insurance industry is always evolving. Stay informed about the latest trends, regulations, and technologies to serve your clients better and stay ahead of the competition
  • Invest in continuous learning: The most successful insurance agents are always learning. Attend workshops, webinars, and industry events to broaden your knowledge and improve your sales skills. For example, a real estate agent must always keep up-to-date with market trends in house prices and changes to property laws

More specific tips and strategies to enhance your selling have been explored in our How to Sell Insurance article.

How to Become a Commercial Insurance Agent

Becoming a successful commercial insurance agent requires a blend of education, licensing, and experience. This section will guide you through the steps necessary to start your career in commercial insurance.

Step 1: Complete Pre-Licensing Education

Before obtaining a license, most states require commercial insurance agents to complete a pre-licensing education course. These courses cover essential topics like insurance laws, regulations, and the specifics of different insurance products.

Requirements can vary by state, so make sure to check with your state’s insurance department for precise information.

Step 2: Pass a Licensing Exam

After completing the pre-licensing education, you’ll need to pass a licensing exam. This will test your understanding of insurance principles, regulations, and products. Most states have resources to help you prepare for the exam, including study guides and practice tests.

Step 3: Apply for a License

Once you’ve passed your state’s property and casualty license exam, you can apply for an insurance agent license. The application process usually involves submitting an application form, paying a fee, and undergoing a background check.

Step 4: Gain Experience

As a newly licensed agent, gaining experience is crucial. It is common for agents to start their careers working for established insurance agencies, where they can learn from experienced agents and build their client base.

Step 5: Continuous Learning and Development

Even after becoming a licensed agent, continuous learning is crucial. Attend workshops, conferences, and webinars to stay updated on industry trends and regulations. This will not only help you serve your clients better but also make you more competitive in the field.

Recommended: For more information, we recommend having a look at our state-specific How to Become an Insurance Agent article.

How to Sell Commercial Insurance FAQ

How to be successful at selling commercial insurance?

Success in selling commercial insurance comes from understanding your target audience, building strong relationships, offering competitive pricing, and highlighting your unique selling points. Staying up-to-date with industry trends and investing in continuous learning also contribute significantly. For more general guidance on how to improve your insurance sales performance, see our article on How to Sell Insurance.

Can you make a lot of money in commercial insurance?

Yes, commercial insurance can be quite lucrative. Earnings are often commission-based, so your income potential can be high, especially with a solid client base and effective sales strategies. Having said that, this will ultimately depend on a variety of factors, such as your experience and location.

What is the best insurance to sell to make money?

While it varies, life insurance and commercial insurance are often cited as profitable due to higher premiums and the potential for earning recurring commissions. To read more, have a look at our state-specific How to Get Your Insurance License overview.

How do you sell an insurance policy to a customer?

Selling insurance requires you to understand the customer’s needs, present suitable policy options, highlight the benefits, and provide excellent customer service to build trust and loyalty. It is important to tailor the pitch of your policies to the needs a customer has expressed — above all, this is what will attract and retain clients.

What license do I need to sell commercial insurance?

You need a property and casualty (P&C) license to sell commercial insurance. This involves completing pre-licensing education, passing a licensing exam, and meeting any other state-specific requirements. More information regarding the P&C license can be found in our Property and Casualty License (P&C License) article.