Start Your Own Agency

The Retail program is designed to inspire ambitious entrepreneurs looking for an agency ownership opportunity, offering the essential support to help you create a lasting legacy.

If you possess an entrepreneurial spirit paired with ambition and financial resources, launching a Farmers agency may be your ideal pathway. Farmers provides the invaluable support of a dedicated professional coach who will assist you in developing a winning business strategy. You'll benefit from comprehensive training and access to key resources, all aimed at propelling you toward success. As a motivated agency owner, you'll also have the chance to earn exciting bonus opportunities while you work to expand your business.

Requirements

Capital Requirement

Minimum of $100,000

Background Check

Satisfactory results of background check

Licensing and Training

Property, Casualty, Life, and Health licenses prior to full-time appointment

University of Farmers training program

Branded Office Location

Office location at time of full-time appointment

Fully equipped and compliant with Farmers brand standards

Agency Staff

Minimum of two licensed and appointed agency staff members at full-time appointment

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

Bonus of up to $6,000 for initial exterior branding for an approved office location

Signing Bonus

$5,000 bonus following full-time appointment

Bonus Based on Reserve Program Net NB Commissions

One-time bonus based on applicable net new business commissions while on the Reserve Program

Bonus paid subject to specified maximum amount

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 are 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 up to three years

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