Trying to Decide Between SF and Farmers

I think it's State Farm. But that was just for me and I guess most of us here in the thread.

Farmers will expect you to get your Series 6 and 63 pretty quickly, which is a bit overwhelming when you are new to industry as well. Their career quarterly requirements are 40 p&c and 4 life, so you begin to feel like you're always chasing a bubble. They have a nice subsidy program, but keep in mind it is a loan and that very few sell enough to have the loan forgiven. Training depends on the DM and can be somewhat non-existent.:nah:
 
Basically you have a choice between the farmers contract which has good money making potential, but high goals.
Or the SF contract that will severely limit your income possibilities.

Thats why I would suggest finding a local indy P&C firm and talking to them about possibly coming on board. Then you arent captive to just one line of products, and you should have a much better contract.
 
Hello everyone;

Just completed my reserve interview with Farmers and I am getting set up for my 2nd one in two days. After working on becomes an approved candidate with State Farm, I have decided to open my options and see what Farms have to offer.
I am very pleased with Farms first step. After reading everyone's blogs, advise and feedback I wanted to know if anyone out there can share their experience on what to do next with Farmers Insurance. I know that after becoming an approved Candidate with State Farm, I have to basically cross my fingers than an agency will become open, I will have to interview for the agency and again I will have to cross my finger and get that spot. We're talking a procvess that can take between 6 months if I am lucky or 2 yrs if I am the right person.
Farmers offers me the 2yr "internship" in which I can make my mind whether or not is the right thing for me to do. My question is: Has anyone out there done both and can share their experience.
Thank you again.


Whatever your recruiting DM is telling you is 100% B.S., he will tell you anything you want to hear to get you to sign away your life and go into debt trying to sell the overpriced, poor serviced products in the portfolio. No support, they rip their own agents on health insurance, no support, pencil head DM's are worthless A-Holes who live to make life miserable for their agents with the exception of the drinking, carouzing buddies that are on their A-Team and who got there with handouts, lies, and cheating. Bravo, so much for ethics and character, not much in the upper ranks in this company.
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Hello everyone;

Just completed my reserve interview with Farmers and I am getting set up for my 2nd one in two days. After working on becomes an approved candidate with State Farm, I have decided to open my options and see what Farms have to offer.
I am very pleased with Farms first step. After reading everyone's blogs, advise and feedback I wanted to know if anyone out there can share their experience on what to do next with Farmers Insurance. I know that after becoming an approved Candidate with State Farm, I have to basically cross my fingers than an agency will become open, I will have to interview for the agency and again I will have to cross my finger and get that spot. We're talking a procvess that can take between 6 months if I am lucky or 2 yrs if I am the right person.
Farmers offers me the 2yr "internship" in which I can make my mind whether or not is the right thing for me to do. My question is: Has anyone out there done both and can share their experience.
Thank you again.


Whatever your recruiting DM is telling you is 100% B.S., he will tell you anything you want to hear to get you to sign away your life and go into debt trying to sell the overpriced, poor serviced products in the portfolio. No support, they rip their own agents on health insurance, no support, pencil head DM's are worthless A-Holes who live to make life miserable for their agents with the exception of the drinking, carouzing buddies that are on their A-Team and who got there with handouts, lies, and cheating. Bravo, so much for ethics and character, not much in the upper ranks in this company.
 
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Stay away from Farmers. I was an agent for 7 years. Used to be decent but now it's a sham. They will take you on a ride to the poor house.
 
Since you are a new agent, I would second the motion of going captive at least to start out for the training. If you are in a Farm Bureau area, I would look into them. I started with SF and the training was very lacking and the pay was terrible (especially while I waited for an available agency to open up in the markets I was looking in which never happened). Farm Bureau has excellent training available but I will tell you that our life products are fairly limited (yet what we do offer is quite solid). Also FB doesn't require your 6 or 63 since we got out of the variable market 4 years ago.

Get the training first with a solid captive company and then if you feel the need to go independent later on you can and it won't be such a beast to do so since you will know the market and the business better than you do right now.
 
In the long term Farmers is by far way more flexible in terms of brokering out things they will not write so that you can diversify and still get checks from Farmers and them be happy...

If you plan on sending applications to other carriers as they come up I vote Farmers. (grain of salt of course)
 
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