Farmers Insurance District 08 (Servicing Northern Illinois and Chicagoland Areas)
How do I buy my own Farmers Insurance District 08 (Servicing Northern Illinois and Chicagoland Areas) Business Opportunity?
In order to buy a Farmers Insurance District 08 (Servicing Northern Illinois and Chicagoland Areas) of your own, you will be required to have a minimum of $100,000 in liquid capital. Your investment will cover the cost of starting your own location such as marketing expenses, licenses and permits, equipment as well as training.Farmers Insurance is adding agencies in Northern Illinois! Farmers Agency 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 will have a generous bonus package for up to 36 months and will receive extensive training and support throughout their career to help build a strong, stable book of business.
About
The Farmers Insurance Agency Owner Program
The Agency Owner program provides access to an expanded portfolio of benefits including:
- Exterior Branding Bonus to assist with exterior signage branding up to $6,000
- $5,000 Signing Bonus
- Monthly Lead Opportunity of up to $500 per month
- 300% Monthly Bonus Program based on applicable net NB commissions and production
- Annual Bonus Program based on applicable net NB commissions and production for up to 3 years
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 our District 08 office who provide support to you and your agency. In addition, 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 - $100,000 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
- Applicable Insurance Producers Licensing or willing to obtain