64. Insurance Book of Business – most people renew their insurance policies each year, generating recurring revenue for the agent of record on the policy.
This income stream can be bought, sold, and financed.
Many books of business target the general consumer market of auto and home insurance policies. Others are targeted towards a specific commercial niche, for instance, workers comp or insurance policies for gyms and personal trainers.
Independent agencies that don’t require an exclusive tie-in with one particular insurance company tend to be more valuable and easier to sell than exclusive books.