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In Reply to: Pros and Cons of being a General Agent posted by Wesley on August 17, 2003 at 17:11:52:
I don't have my own agency but I am sure there is more paperword involved and you also are responsible for the actions of agents under your supervision. You E&O insurance could get hit if the agent gets sued. So the short answer is exposure.
But you do get paid on the efforts of others with your override as a GA.
Agent
: What are the pros and cons of being a general agent vs being a agent working for someone?