Farmers Insurance Agent – What does a Farmers Insurance Business Opportunity Cost & How to Become & Run Farmers Insurance Agency

Farmers Insurance Agent – What does a Farmers Insurance Business Opportunity Cost & How to Become & Run Farmers Insurance Agency

To get started as a Farmers Insurance Agency owner, a minimum of $50,000 is required. You have a couple of options when it comes to opening your own office: You can build your own agency or buy an existing agency. A Farmers District Manager or Recruiter can discuss both options with you. With either option, you’ll have the opportunity to receive financial incentives, and receive training and support.

Total Investment
$50,000

Cash Required
$50,000

Business Type
Business Opportunity

Target Market
See List

GROW WITH FARMERS. As a Farmers agency owner, you’ll have support to help you grow your wealth, grow your business, and grow your community with no franchise fee. With a minimum of $50,000 in seasoned investable assets, Farmers can help you do that.

A knowledgeable business coach.
Opportunity to buy an existing Farmers agency or build one from the ground up.
Award-winning training through the University of Farmers®.
Opportunity to pass your agency on to a family member or loved one.
Unlimited earning potential and the freedom to manage your agency.

With this powerful foundation, it’s no wonder this has been called The Best small Business Opportunity in America.

Farmers Insurance Agent – How to Become & Run Farmers Insurance Agency

Agency Owner Opportunity

Grow your wealth. Grow your business. Grow your community. If you are an ambitious self-starter seeking to buy, manage and grow a small business with support from a strong organization, this could be the opportunity for you. If you have strong leadership skills, an interest in the insurance business, and a burning desire to make your ambitions come true, you have the opportunity to take advantage of unlimited earning potential.

LEADERSHIP

You can be a leader working with a leader. As a Farmers agency owner, you’ll be associated with a highly recognized brand, have access to an award-winning training program at the University of Farmers®, and be making your own decisions with help from an experienced business coach.

CAREER GROWTH

Working with a business coach, you can grow a business with unlimited earning potential, a great lifestyle, managerial freedom and a chance to elevate your name throughout your community.

WORK/LIFE BALANCE

Growing a lucrative business and enjoying a prosperous lifestyle is the dream of every business owner. As a Farmers agency owner, you’ll have the flexibility to achieve a work/life balance that rewards your hard work and passion.

PRODUCTS AND SERVICES

Farmers® agents can offer customers a leading portfolio of multi-line products and services such as auto, home, life, small business and specialty insurance, in addition to financial services.

MILITARY FRIENDLY AND BILINGUAL

Many Farmers agency owners transitioned from a career as military officers. Success as a leader in the military requires valuable skills. These same skills can help you become a successful Farmers agency owner with a potentially lucrative business. Farmers even offers a financial incentive plan to help get you started.

BILINGUAL

Do you speak Spanish, Cantonese, Mandarin, Korean, Vietnamese, Tagalog or Hindi? If so, you have an opportunity to become a bilingual Farmers® agency owner and Grow with Farmers.

Benefits

If you are appointed, you will have the opportunity to receive up to $10,000 as an office startup bonus and to cross-sell policies and receive full commission rights.

FINANCIAL INTEREST

Contract Value determined by the terms of the appointment agreement.

SALE OF SERVICE AND COMMISSION RIGHTS

Opportunity to sell service and commission rights.

OFFICE START-UP BONUS PROGRAM*

Opportunity to receive a $10,000 office startup bonus.

COMMISSION ENHANCEMENT OPPORTUNITY*

Immediate opportunity to cross-sell policies and receive full commission rights.
Opportunity to purchase full commission rights after 2 years.

Appointment Requirements

This is a special opportunity for a special kind of person. The ideal candidate to buy a Farmers agency has a background in management and will need the required licenses to sell a variety of insurance products. Communication skills, business management, organizational and time management skills are critical. A business plan and a proven track record are a plus. You must have a minimum of $25,000-$50,000 in seasoned investable assets, along with requisite licensed and appointed staff members with a fully equipped retail office front within your first 120 days.