Why choose Farmers?

The income potential in the insurance industry is simply unlimited. Add that to the low start up cost, and you can see exactly why our vocation is attracting such a high echelon of Agent prospects.

Of those individuals earning $100,000 per year, most fall into three categories:

a) Business owners

b) Doctors, lawyers, and occupations requiring eight years or more of specialized training

c) Sales professionals

Farmers' currently has many local agents far exceeding the $100,000 Dollar-a-Year mark!

How do they do it?!

• New business commissions
  Our commissions structure pays some of the industry's highest commissions.
   

• Service Commissions (renewals)
  Unlike other sales-related professions where you are only paid once, the sale of most insurance products pays you again and again. Every time a policy renews, you earn a commission for servicing the client's needs! As more and more policies renew, your agency income base expands and your security grows along with your commissions. This expanding income base is in addition to the new business income you generate. What other sales business is there where you can get paid for something you sold 20 years ago?!
   

• Bonuses
  While the primary method of agent compensation is commissions, you will also be able to significantly increase your income by earning a Life and/or Profitability Bonus.
   

• Contract Value
  Another huge benefit for Farmers Agency-owners is the development of substantial monetary equity known as Contract Value. When you retire your contract with Farmers Insurance, you can collect your Contract Value as payment for the policies in your Agency. Many Agents use their Contract Value as a retirement supplement. It can also be used as collateral for personal loans from the Farmers Insurance Group Credit Union.
   

• Family Rights Provisions
  You even have the option to sell your agency to an approved family member, making it a business that you can pass down through generations.
   

• Extra Benefits
  To give you and your family the security you deserve, Farmers makes available group benefit plans and subsidizes some of the expenses for comprehensive health coverage. Group plans include: dental, vision, long-term disability, Life, A.D.D. and E&O.