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re: Has anyone on here worked for Farmers Insurance?

Posted on 3/29/17 at 11:37 am to
Posted by DCtiger1
Member since Jul 2009
11918 posts
Posted on 3/29/17 at 11:37 am to
Spot on. I have personal experience with another "Farm" company. In the presentations they talk about grossing 200k your first year, but what they don't say until later is that all of that goes back into the business for the first 3-5 years.

In addition, this particular good neighbor gives you a temporary 13 month contract which doesn't necessarily translate into a permanent contract even after you've invested 100k plus.

With the fiduciary rule changes, they are also moving out of a space where their was potential for big money.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
7390 posts
Posted on 3/29/17 at 12:23 pm to
I went to an interview with them around a year ago, but decided to go the independent route.

You will 100% not make $60,000 in your first year.
You prob won't hit that until many years down the road.

They offer an "agency set-up stipend" thing where, if you write 20 policies in two consecutive months, along with 4 life policies, you earn a subsidizes for like three years.

If within those three years you do not hit your benchmarks, you owe them.

It wasn't for me, but seems to work for others.

Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
87738 posts
Posted on 3/29/17 at 12:25 pm to
quote:

I signed a football scholly with them but liked partying too much and quit the team after my freshman year.



ok charlie robison
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