START YOUR OWN BUSINESS WITH FARMERS INSURANCE

Farmers Insurance has teamed up with Los Angeles Urban League to highlight opportunities for the talented, entrepreneurial-minded Los Angeles Urban League community.

Opportunities range from owning your own agency, to working as an appointed staff member for an existing agency owner, who can help you prepare for future opportunities to own your own business.

Our experienced Farmers representatives will help you identify local opportunities, provide onboarding support and continue to support you as you begin your journey with Farmers Insurance.

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lead A Smarter Startup

The Retail program is designed to attract entrepreneurs seeking a startup opportunity that offers financial support to help the agency owner build their business.

 

The Process

Capital Requirement

•Minimum of $50,000

Background Check

•Satisfactory results of background check

Licensing and Training

•Property, Casualty, Life and Health licenses prior to agent appointment

•Training program through the University of Farmers®

Branded Office Location

•Office location at time of full-time appointment

•Fully equipped and compliant with Farmers® brand standards

Agency Staff

•Minimum of one licensed and appointed agency staff member at full-time appointment

 

The 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

•$7,500 bonus following full-time appointment

Bonus Based on Reserve or Associate Program Net NB Commissions

•One-time bonus based on applicable net new business commissions while on the Reserve Agent Program or Associate Agent Program

•Bonuses paid subject to specified maximum amounts

Monthly Marketing Bonus

•$500 per month if bonus 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 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 three years

•Bonuses based on Life and Commercial commissions subject to specified maximum amounts

The Flex program is designed to attract entrepreneurial-minded sales leaders seeking a startup opportunity that offers unlimited income potential combined with financial support to help you build a business you can call your own.

 

The Process

Capital Requirement

•Minimum of $10,000

Background Check

•Satisfactory results of background check

Licensing and Training

•Property, Casualty, Life and Health licenses prior to agent appointment

•Training program through the University of Farmers®

Pre-Appointment Production Requirements

•Bind at least 15 P&C new business policies and write at least two Qualified Life policies in the three months immediately preceding full-time appointment

Approved Office Location

•Office location at time of full-time appointment

Agency Staff

•Minimum of one licensed and appointed agency staff member within one year of full-time appointment

 

The 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

Signing Bonus

•$2,500 bonus following full-time appointment

Exterior Branding Bonus

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

Bonus Based on Reserve or Associate Program Net NB Commissions

•One-time bonus based on applicable net new business commissions while on the Reserve Agent program or Associate Agent Program

•Bonuses paid subject to specified maximum amounts

Monthly Marketing Bonus

•$300 per month for three years if bonus 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 three years•Bonuses based on Life and Commercial commissions subject to specified maximum amounts

The External Acquisition Agent Program provides financial incentives to external candidates who purchase service and commission rights from existing Farmers® agency owners.

 

The Process

Capital Requirement

•Minimum of $50,000 in addition to the cost of acquisition

Background Check

•Satisfactory results of background check

Licensing and Training

•Property, Casualty, Life and Health licenses prior to agent appointment

•Training program through the University of Farmers®

Branded Office Location

•Office location at time of full-time appointment

•Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment

Agency Staff

•Minimum of one licensed and appointed agency staff member at full-time appointment

 

The 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 or Associate Program Net NB Commissions*

•One-time bonus based on applicable net new business commissions while on the Reserve Agent Program or Associate Agent Program

•Bonuses paid subject to specified maximum amounts

Monthly Marketing Bonus*

•$300 per month if bonus 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

Graduation Bonus Based on Net NB Commissions*

•One-time bonus based on applicable net new business commissions and applicable production

•Bonuses based on Life and Commercial commissions subject to specified maximum amounts

The Seed Program gives an eligible candidate the opportunity to establish a Farmers® agency with the added benefit of being assigned service and commission rights on existing business.

 

The Process

Eligibility

•Successfully completed the Protégé Agency Producer Program, or

•Successfully completed the Associate Agent Program, or

•Appointed as an Agency Business Consultant (ABC) for at least 12 months

Background Check

•Satisfactory results of background check

Licensing and Training

•Property, Casualty, Life and Health licenses required prior to agent appointment

•Training program through the University of Farmers®Branded

Office Location

•Office location at time of full-time appointment

•Fully equipped and compliant with Farmers brand standards

Agency Staff

•Minimum of one licensed and appointed agency staff member at full-time appointment

 

The 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 after a specified time period

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