LICENSED AUTO INSURANCE AGENTS WANTED. How to make money selling California state-sponsored auto insurance

Transcription

1 LICENSED AUTO INSURANCE AGENTS WANTED How to make money selling California state-sponsored auto insurance

2 WHAT IS CALIFORNIA S LOW COST AUTO INSURANCE State-sponsored program SB-1273 (Lara) Reduce uninsured drivers in California Affordable alternative for income eligible households Applicants must meet eligibility criteria Available to undocumented California drivers (AB60) Managed by the California Department of Insurance 2

3 WHO QUALIFIES? Consumers who: Have a valid California Driver s License Own a vehicle valued at $25,000 or less Meet income eligibility guidelines Be at least 19 years old Meet good driver eligibility guidelines 3

4 WHO ARE OUR CLCA CUSTOMERS? The primary target populations and customers for the CLCA program are: Households that meet the 250% federal poverty level Uninsured drivers Latinos and diverse communities Non-U.S. citizens over the age of 19 regardless of immigration status Senior households (over the age of 65) Males age 19 to 24 AB 60 license holders 4

5 COVERAGE - BASIC LIABILITY INSURANCE ONLY Up to $10,000 per person in case of bodily injury or death Up to $20,000 per accident in case of bodily injury or death Up to $3000 property damage (Optional) Uninsured Motorist (Optional) Medical Payments CLCA Policy Coverage meets mandatory minimum laws under SB1273 5

6 RATES VARY BY PRICING ZONE (COUNTY) Zones Base Rate Male years old 1 $252 $315 $328 2 $259 $324 $337 3 $275 $344 $358 4 $322 $403 $419 5 $470 $588 $611 Less than 3 years licensed Rates expire 12/31/17 6

7 MARKETING & ADVERTISING SUPPORT PROVIDED 7

8 PROGRAM BENEFITS FOR CLCA CERTIFIED AGENTS Free pre-qualified and prescreened leads Marketing and advertising support online and on the ground EASi online application system Free marketing materials and collateral Free resources including industry tips and successful strategies Designated Program Specialist $50.00 per application compensation $60.00 certification course training 8

9 HOW TO GET STARTED Hold a current insurance license with the state of CA Be either an agency or a producer of record (not employee producer) Provide current mailing address, address, telephone number and fax number on file Complete your CAARP application here Start your training courses here Once you ve completed your CAARP certification, download your free Lead Accepting Producer application form here. 9

10 HOW TO MAINTAIN CLCA CERTIFIED STATUS Complete the seminar requirement at least once every four years. Provide CAARP with a copy of your renewal license by fax to (415) or to caarp@aipso.com. Maintain access to the current CAARP Manual, which includes the rules and rates of both CAARP and the Low Cost Program. The manual is available free of charge online at and Failure to follow these guidelines in a timely manner will result in a lapse in your certification status and affect your ability to receive consumer leads and submit applications. 10

11 LEAD ACCEPTING PRODUCER PROGRAM (OPTIONAL) Receive consumer leads electronically then Follow up on leads within 24 to 48 hours Provide consultation over the phone or in person with consumers Develop a workable and affordable insurance plan for the consumer Prepare and submit the application online through the EASi 2.0 System Coordinate required payment(s) with consumers 11

12 HOW TO MAINTAIN LEAD ACCEPTING PRODUCER STATUS Respond to qualified leads on the EASi system within 24 to 48 hours Notify CAARP if you will be away and unable to respond to leads. 12

13 CONSUMER WEBSITE + AGENT SUPPORT 13

14 GET STARTED NOW! 14

15 HELPFUL LINKS AND CONTACTS CLCA website CAARP plan office customer service Contact CAARP: CLCA producer forms Video tutorial EASi 2.0 system Plan manuals- log in, select Manuals Order no-cost collateral 4-hour required course training Contact us: 15

16 Timeline to become CLCA Certified and Lead Accepting Producer 1 day 5 days 7 days 9 days 11 days 13 days 15 days Complete and mail, fax or Producer Certification Application Application approved by AIPSO (Validate license) Producer becomes certified Producer requests and receives access to EASi (Electronic Application Submission Interface) With EASi access, producer can begin to write CLCA policies Producer completes four online producer seminars (4 hours total) Producer has up to 4 months to complete Lunchtime training. Producer notified via from Lunch Time CE training complete/now certified Certified Producer becomes Lead Accepting Producer (LAP) Certified producer completes and submits LAP application form to AIPSO AIPSO approves/processes application - LAP is eligible to receive leads via EASi Certified producer notified of LAP status via with instructions how to retrieve leads LAP requests and receives access to EASi if they don't already have it

17 THANK YOU FOR YOUR INTEREST!