Farmers Insurance of IL - Business Opportunity
Quick Summary
Farmers Insurance is expanding! Farmers Agent Owners have access to over 60 products & services, from traditional products like auto and homeowners insurance to commercial, workers compensation, life insurance and financial services. They receive extensive training to help them build a strong, stable book of business.
*Please contact "Farmers Insurance of IL" to confirm the accuracy of any information provided on this page.
Farmers Insurance of IL
Business Cost, Fees & Facts for 2024
| Minimum Cash Required | $50,000 |
Available In These States:
- IL
- Overview
Overview
Farmers Insurance of IL - Business Opportunity
The Farmers Insurance Agency Owner Program
The Agency Owner program provides access to an expanded portfolio of benefits including:
- $10,000 Agency Start up Bonus
- Monthly Bonus Program up to 300% on New Business Commissions
- $300 Monthly Marketing Bonus
- Annual Bonus Program on New Business
- Cost Share with the company of your marketing/event expenses
Farmers Insurance is not a franchise opportunity. There are No franchise start-up and no royalty fees. However, you can still take advantage of an established business model and training to grow your insurance agency.
Our unique program is supported by a Territory Team who provide support to you and your agency. In additional, you will have access to one of the top corporate training programs from the University of Farmers.
The Ideal Candidate
The qualified Agency Owner candidate will have:
- Insurance Industry or business development experience.
- A strong background investing in building and managing a flourishing business venture.
- Access to working capital - $50,000 or more.
- Self-motivated - possesses effective time management skills and relies on themselves to accomplish important goals.
- Strong communication skills
- The ability to pass a qualifying background check
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