How much it cost to run a P&C agency

Here is a breakdown of my math for the monthly cost of an agent and how much an agency would make/lose... Please note, these are estimates and can vary based on price, premium and other factors. Agency overhead: Space: $600 Website https://forge3.com/referral-program/ $250 E&O + LLC: $70 Gusto https://gusto.com/d/mark27363 $63 Quickbooks https://refer.quickbooks.ca/s/markwflockhart $50 Lawyer: $100 Total monthly overhead: $1,033 +/- $500 for space Additional(optional) costs: Marketing $3000 Per agent: AMS(EZLynx): $150 Fynch CRM: $120 Leads: $800-$1,000 (4-5 leads/day at $10 per lead) Docusign: $18 Office 365: $13 Total monthly expense: $1,201 Technology overhead: Zapier:$30 for 750 zapps Mailparser.io $60 Monday.com: $36 Total monthly cost: $126 ------------------------------------------- Join the Insurance Agents Network FREE: https://agentsnetwork.app.clientclub.net/ or, If you want to join my team or, get more information, fill out the waitlist request: https://www.cognitoforms.com/ThinkInsuranceGuide/AgencyWaitListMarkFlockhart ------------------------------------- WATCH MORE RELATED CONTENT: Webforms I use to get 431 leads/mo: https://youtu.be/bRRHWzjSVFk How much agents make: https://youtu.be/gGd3Gl49IDk How to Grow Your Agency in 2025: https://youtu.be/WzYtAl3xOCU The Ultimate Guide to Insurance Networks: https://youtu.be/4S-sH6m7hzw ------------------------------------- RESOURCES: You can get up to date resources, documents, forms, equipment recommendations in the community: https://agentsnetwork.app.clientclub.net/