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Franchise Information for Farmers Insurance -Phoenix Metro

There is no greater opportunity in todays marketplace than your own Farmers Agency. As a Farmers Insurance agent, you will never pay Farmers Insurance a franchise fee or a management fee.

Farmers Insurance -Phoenix Metro

There is no greater opportunity in todays marketplace than your own Farmers Agency. As a Farmers Insurance agent, you will never pay Farmers Insurance a franchise fee or a management fee.

Send Me Farmers Insurance -Phoenix Metro Information

Franchise Costs

  • Cash Investment: $500
  • Investment Range: $500
  • Franchise Fees: $500

Franchise Benefits

  • Training & Support: Yes
  • Financing Available: Yes

Industry Information

  • Industry: Business Opportunities
  • Franchise Units: 1000

Related Industries

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Farmers Logo 

 

Why Farmers Insurance Group?

Since 1928, Farmers Insurance Agents have been dedicated to providing insurance services and helping people protect what matters most to them. Farmers Insurance Group is the third-largest insurer and our Agents are supported by more than 25,000 employees, including local claims representatives.

Farmers Insurance Agents do more than provide excellent insurance. They also provide hope and foundation of security, allowing individuals, families and communities build a better future. Our many recognition and incentive programs add ways to grow the excellent financial potential of your future agency. And, of course, you will have the backing of all of our corporate resources: national and local advertising, award winning claims service and our 24 hour customer service call center.

Farmers Family

What does it mean to be a Farmers Agent?

Farmers DealWe are always in search for successful, business-minded individuals with a strong desire for personal growth, career fulfillment, and financial success. Being a Farmers Agent means that you will be in business for yourself but not by yourself. You will receive full support from your District Manager and have access to our extensive support network. All of our agents receive state of the art training that will provide them with the knowledge and skills necessary to provide customers with world class Auto, Home, Specialty (Motorcycles, boats, etc.), Small Business and Financial Services.

When you invest in your Farmers Agency, you will have the luxury and freedom to manage your daily business operations as you deem appropriate. Below are some highlights of being a Farmers Agent:

  • Income Potential is Unlimited – As a small business owner, you will be in control of your own destiny. Farmers Agent are compensated through new business and renewal commissions.
  • Ability to create a lasting and successful legacy – When a Farmers Agents is ready to retire they will have the option to either transfer their successful business to a family member or sell it to a qualified candidate.
  • Farmers Insurance Agents never pay a franchise fee or a management fee. The investment capital required is to help grow your business.
  • Tremendous growth opportunities in the Phoenix Market.

How does Farmers Insurance Group Support Agents?

At Farmers Insurance Group we are dedicated to ensuring that our Farmers Agent are supported throughout their entire career. Some of the support that Farmers Agents will receive are:

  • Support from a District Manager invested in your success
  • Comprehensive training and business development support
  • Loan options through Farmers Insurance Group Federal Credit Union
  • The ability to sell the service and commission rights of your agency
  • Benefits for you, your family and staff members
  • The capability to open multiple locations

What is Farmers Insurance Group in their Future Agents?

Business Experience

  • Strong background in building and managing a (insurance) business venture
  • Executive experience and a strong business development track record

 Start-up Capital (Minimum of $50,000 - Only needed if purchasing an existing agency)

  • The ability to leverage liquid capital assets to establish a business
  • The desire to invest in a residual income business opportunity

 Self-Motivation & Independence

  • Effective time-management skills and self-reliance to accomplish set goals
  • The ability to identify and focus on priorities

 Communicating & Connecting

  • The ability to inspire as well as listen and learn from others
  • Leadership and people management skills

Performance & Reward

  • The motivation to work hard and take risks to achieve financial success
  • The willingness to accept responsibility for personal success and failures

 Honesty & Integrity

  • Striving to do the right thing in all instances
  • Set and live by standards of moral integrity

How do I become a Farmers Insurance Agent?

Farmers Insurance Group currently offers many entry points to become a Farmers Agent. You can start your agency by either leveraging your business savvy and buy an existing agency or build a new agency from the ground up by investing time, hard work and some capital. Both programs offer you great financial support.

Financial Support:

Farmers team
  • Purchasing an existing agency – Tremendous program for individuals looking for an immediate source of monthly income. Under this program you will purchase the entire book of business from an existing agent. All renewal commissions are transferred to new agent. Renewal commission are on top of new business commissions you will produce. Building a New Agency – You will have access to performance based bonuses during the first three years after appointment, on top of new business commissions.
  • In addition, in your first year Farmers Insurance Group will also reimburse you up to $10,000 for agency startup cost and up to $5,000 in lead generation.
PLEASE NOTE DISCLAIMER: This brand page has been paid for by Farmers Insurance -Phoenix Metro. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged Franchise Clique to write the content. Content without the Sponsored Icon is either aggregated media placements the brand earned or content the brand has created on its own. Questions can be sent to info@franchiseclique.com. This information is not intended as an offer to sell, or a solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state.

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