5 Reasons to Sell Property & Casualty Insurance in Illinois

Are you looking to change careers or perhaps decide to pursue the insurance field? Then, becoming an Illinois property and casualty insurance producer with a license may be your calling. It's a rewarding career with many benefits and a field in continuous need of fresh faces. Most importantly, the Bureau of Labor Statistics predicts a 6% growth in employment for insurance sales agents from 2023 to 2033.

If you enjoy making connections and problem-solving, this guide explores five reasons why becoming an Illinois insurance producer might be a right fit. 

What Does an IL Property & Casualty Insurance Producer Do?

An Illinois property and casualty insurance producer sells various insurance products such as homeowners, auto, liability, commercial property, and workers' compensation. You can work directly for an insurance company or as a broker, representing multiple insurance companies.

Property and casualty insurance producers work with their customers to find the best insurance products to protect them.

Benefits Of a Career as an IL Property & Casualty Insurance Producer

Embarking on a career as an Illinois insurance producer offers limitless potential based on your efforts. The income possibilities are rewarding, whether you opt for a full-time commitment or a side hustle. The flexibility and adaptability of this career path are unparalleled, making it appealing for those aiming for a healthy work-life balance. It's all about crafting your path in the dynamic insurance industry. 

1. Easy entry

You don't need a college degree to become licensed to sell property and casualty insurance in Illinois. All that is required is:

• You must be at least 18 years old.
• Complete 20 hours of Property Insurance pre-licensing.
• Complete 20 hours of Casualty Insurance pre-licensing.
• Pass the state licensing exams for each insurance type.

2. Flexibility and Autonomy

Enjoy the freedom and flexibility that becoming an Illinois property and casualty insurance producer brings.

• Set your own schedule and have the option to work traditional office hours, evenings, weekends, or a combination. You can tailor your schedule to suit your lifestyle.
• Many aspects of insurance sales can be done remotely (outside of meeting clients), allowing you to work from home or anywhere with internet access. This flexibility offers the convenience of working from wherever you feel most productive.
• Whether you are seeking a full-time career or looking to supplement your income part-time, you can meet your personal goals, financial needs, and other commitments.

3. Lucrative Earning Potential

With uncapped earning potential, your income grows alongside your efforts and success in selling Illinois insurance products.

• Illinois property and casualty insurance producers typically earn commissions based on the policies they sell. Successful insurance producers can generate high income by building a robust client base.
• The average salary for an insurance producer in Illinois is $70,000/yr., with high earners making $126,000/yr., according to salaries reported to Indeed.com in March 2024.
• Many insurance companies offer performance-based bonuses and incentives to motivate and reward their top-performing insurance agents.

4. Continuous Growth and Learning

The Illinois insurance industry is evolving, presenting opportunities for continuous growth and learning.

• Insurance companies often provide comprehensive training programs to equip producers with the knowledge and skills to succeed.
• Attending networking opportunities with industry experts, peers, and potential clients creates collaboration and growth.
• Property and casualty insurance producers must complete continuing education courses every two years based on their license expiration date, which is their birthday month, to maintain their Illinois insurance license.

5. Fulfilling Work

You help individuals and businesses protect their assets and mitigate risks through insurance coverage.

• As a property and casualty insurance producer, you help safeguard your clients' by helping them select appropriate insurance coverage tailored to their needs. You provide peace of mind and protection against unforeseen risks such as property damage, liability claims, or loss of income.
• Insurance sales is about building and nurturing relationships. You can establish trust and rapport with individuals and businesses by understanding their unique circumstances, offering personalized Illinois insurance solutions, and providing exceptional customer service.
• Whether you're assisting a family in securing their dream home, helping a small business owner protect their livelihood, or guiding individuals through the claims process after a loss, every interaction offers the chance to make a meaningful difference in people's lives.

Entering Illinois insurance sales offers a roadmap to financial success, personal fulfillment, and professional growth. You can begin a rewarding career as a property and casualty insurance producer, making an impact while achieving your goals.

Your insurance career, redefined.

Aceable empowers aspiring and established insurance professionals in Illinois through flexible pre-licensing education for life, health, property, and casualty insurance and ongoing continuing education courses.

Our comprehensive curriculum and convenient packages equip individuals with the knowledge and skills to excel in the industry and confidently pursue their licensing goals.

Ready to launch your insurance career or maintain your license? Explore our programs or contact us today.