About this role

Join us as a Farmers Insurance Retail Agent , where you will have the chance to manage your own agency while benefitting from the robust support and resources of one of the country's most esteemed insurance brands. This is a fantastic entrepreneurial opportunity tailored for ambitious and motivated individuals looking to create their own business, lead a dynamic team, and pave the way for a fulfilling long-term career in the insurance sector.

Requirements

Capital Requirement
Minimum of $100,000
Background Check
Satisfactory results of background check
Licensing and Training
Property, Casualty, Life, and Health licenses prior to full-time agent appointment
University of Farmers® training program
Branded Office Location
Office location at time of full-time appointment
Fully equipped and compliant with Farmers® brand standards
Agency Staff
Minimum of two licensed and appointed agency staff members at full-time appointment

Benefits

Economic Interest

Contract Value according to the terms of the appointment agreement

Sale of Service and Commission Rights

Opportunity to sell service and commission rights

Exterior Branding Bonus

Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount

Signing Bonus

$5,000 bonus following full-time appointment

Bonus Based on Reserve Net NB Commissions

One-time bonus based on applicable net new business commissions while on the Reserve Agent Program •Bonus paid subject to specified maximum amount

Monthly Lead Opportunity Program

Up to $500 per month in Agency Growth Program lead opportunity credits if program qualification goals are met

Monthly Bonus Based on Net NB Commissions

Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years
Bonuses based on Life and Commercial commissions subject to specified maximum amounts

Annual Bonus Based on Net NB Commissions

Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years
Bonuses based on Life and Commercial commissions subject to specified maximum amounts