Farmers Insurance Agency Opportunity

Seller Financing Available
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Initial Fee: N/A

Capital Req'd: $70,000

Farmers Insurance Agency Opportunity

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Startup Description

Fortune 500 Retail Insurance Sales Opportunity

We are seeking positive, business-minded individuals to help us grow Established Insurance Agencies in the Greater San Diego, Temecula, and Hemet California areas.
Why a Farmers Agency ownership opportunity?
This is an exceptional opportunity to build your own business. You will represent our diversified portfolio of Personal Lines Auto & Property Insurance, Commercial Property & Casualty Insurance, and Life and Life-related insurance products. Our more than 50 products allow multiple sales to the same household, increasing client retention and commissions.
Seasoned Agents in our District are currently earning well over $20,000 a month in renewal income.
As a Retail Agency Acquisition your income will be bonus out at a much higher rate than our typical agencies, including a $10,000 cash bonus your first month, $300 monthly marketing bonus up to 36 months plus a lucrative monthly bonus that starts at 300% of earnings.
Our flexible training program allows you to begin your career on a part time or full-time basis. You will have office placement flexibility, and the ability to sell anywhere within California. We're also the only major insurance company in the U.S. with a Family Rights Provision that allows you to one day pass your business on to a family member. There has never been a better time to be with Farmers, the fastest growing insurance company in America.
Responsibilities
Present and sell insurance policies to new and existing clients
Develop and calculate suitable plans based on clients' needs
Resolve client inquiries and complaints
Consistently market for new prospective clients
Comply with insurance standards and regulations
Track and identify areas of improvement
Qualifications
Previous experience in insurance, sales, customer service, or other related fields is preferred but not required
Benefits
Ownership of commission rights
Renewal Commissions — With Farmers Friendly Reviews, policyholders will stay with you, year after year. Every time a policy renews, you earn a commission! As your agency base expands, more and more policies renew, and your commissions grows along with your business. Approximately 75% of an established agent’s income derives from renewal commissions.
Your agency builds Equity — An added benefit is the ability to develop substantial monetary equity, known as Contract Value. Upon retirement, you can collect your Contract Value as payment for the sale of your policies to either the company or on the fair market. Many agents use their Contract Value as a retirement nest egg. In addition, the Contract Value exhibits as collateral for personal loans from the Farmers Insurance Group Credit Union.
Bonus Programs — access to Office Start-Up Bonus, Agency Lead Generation Bonus, Monthly and Annual New Business Bonuses

Requirements
Property & Casualty, Life & Health insurance license are required.
Successfully pass a Background Check Documented Liquidity of $70,000
Farmers Offers:
• Comprehensive and award-winning training in all facets of the business

• Wide portfolio of insurance products

• 4 unique points of entry, including Acquiring existing Books of business

• Outstanding and unlimited earning potential

• Highest Commissions in the industry -- ranging from 5-60%

• Experienced, supportive staff with expertise in marketing and all product lines including Life, Commercial, and Workers Comp

• Virtual Training is available

• Flexible hours, with the ability to work from your community
JOB REQUIREMENTS
* Desire to be your own boss

* Good credit history (no recent bankruptcies, garnishments, liens, or collections over $1,000)

* Highly motivated and goal oriented

* Entrepreneurial spirit and desire to be paid what you are worth

* Outstanding networking and client relationship skills

* Professional, ethical, and honest

* Excellent time management and organizational skills

Attached Documents


Detailed Information

Existing Units:
5
Facilities:
New Furniture may be acquired or use existing location furniture, fixtures and sign branding.
Explanation of Fees and Payments:
Candidates must prove liquidity of $70,000This is not a fee or payment
Financing:
Financing up to 15 years. Based on your credit & bank offer
Support & Training:
University of Farmers attendance On Site/Location Training Virtual Training In House Training at District Office
Business Website:
http://FarmersInsurance.Careers
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Startup Listed By:
Donald Swanson

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