How much does State Farm charge for independent agency?

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PostPosted: Fri Nov 05, 2010 5:05 pm   Post subject: requests from insurance companies  

I placed my resume on Careerbuilder and for every e-mail I receive regarding my industry of profession, I receive 10 requests from Insurance Agencies. What is the high recruiment demand for? Are areas such as LA not already saturated? I see more billboards for Insurance agents than Real Estate agents and that is a lot...



Also, Allstate said in one of their e-mails that they will pay up to 50k first year to get started. I am assuming office and other costs are expected from myself.



Observation: In this day and age background checks are required to get a number 3 at the drive thru at McDonalds; you have to go through security screening to present a coupon for a $1 Big Mac...so much for the days of Otis locking himself in Andy's jail cell... Very Happy


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Just Interested
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PostPosted: Mon Nov 29, 2010 12:18 am   Post subject: State Farm and Allstate  

Which company offers the best benefits to their agents? Which company is considered to be the most competitive?


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totellthetruth
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PostPosted: Fri Jan 14, 2011 4:05 am   Post subject: State Farm is the best option  

Farmers-though have good rates, but does not pay out in claims, or tell clients very shady information. As result, many Farmers agents go out of business or quit. I knew a claim adjuster that worked for Farmers, and this person told me that they tend to make up reasons to not pay out. Allstate, also a competitive in rates, but the company's structure sucks. As Allstate owner, you can sell your agency. This does not give the clients that peace of mind that they are going to stay or be in business for a long time. State Farm, however is the best choice if you are looking to own an agency. The company is super conservative, and all the applicants go through an intense process in order to get their agency contract with the company. Whereas at farmers, they will hire anyone on the streets as long you have the money to start the business. Be smart, do your research. I've been doing this for awhile....either work for State Farm or start an independent brokerage.


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emilyknows
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PostPosted: Wed Feb 23, 2011 9:15 pm   Post subject: Which pays more? Allstate or State Farm  

I am in discussions with these two companies and am interested to know on average which company I could expect to earn the highest income from?

Thanks for anyones kowledgeable feedback.


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The Red or Blue Pill?
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PostPosted: Fri Mar 04, 2011 6:01 pm   Post subject:   

With State Farm you will be a captive insurance agent. Allstate has some states where you are independent but most are captive agents as well. Captive meaning you can only write insurance through that company and no one else. They have recruiter you should contact one and they will tell you what it takes to become an insurance agent.



Good Luck.



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PostPosted: Wed Mar 16, 2011 5:39 am   Post subject: farmers current reserve agent  

you need to sell 40/4 within 3 months before you become a career agent. sell 40 P&C and 4 life before you become a career. Have you heard of this from another company.


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PostPosted: Wed Jun 15, 2011 8:49 am   Post subject: How expensive to have agency through state farm or allstate  

Much Useful informations and discussion .

I have throughly read it .

williammorgan27
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PostPosted: Thu Aug 20, 2015 7:06 pm   Post subject: Allstate  

Please call me for start up 610-804-0547


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Maurizio Gatto
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PostPosted: Tue Jul 05, 2016 1:06 pm   Post subject: Buy a franchise  

Interested in Miami, Broward county or Fortlauderdale


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