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This is illegal in almost every state (though perhaps not Alabama). Thanks to bad laws put on the books (by the insurance agents' lobbies, no less), one cannot
by aquaphile 14y ago
This is illegal in almost every state (though perhaps not Alabama). Thanks to bad laws put on the books (by the insurance agents' lobbies, no less), one cannot provide any referral incentive to anyone that does not possess an insurance agent license. Not even a bag of popcorn. Referly won't get shutdown, but Red Rock Ins Group will probably be receiving a notice from their not-so-friendly state insurance regulator.
- dmor 14y agoThanks for the heads up - insurance lead generation is a large and established business and there are many legitimate ways to go about it. We will check in with our customer to make sure we're all on the same page.
- kclick 14y agoWe double checked with the Dept. of Insurance in Alabama. Long story short: If the agency were rewarding brand advocates for actual sales of insurance policies, that's a no go. But, as long as the agency is paying a reward to the brand advocate for lead contact information only, then it is under the category of marketing and in the clear. Thanks for bringing it up. This is helpful info for the future.