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Farmers Insurance Group

Is this your company?

Great if you want to get in $100k of debt w a 98% rate of failure - Farmers Insurance Agent Farmers Insurance Group Employee Review

1.0
9 Aug 2016
Recommend
CEO approval
Business outlook

Pros

Learn about insurance. Some training available

Cons

Pressure you into changing contracts so they basically own everything you do. It's only your business from the standpoint that you pay to do it. Outside of that Farmers owns everything you do under the new contracts. By their own numbers, only 2% of Farmers agents make it to a store front and make it 2 years and even less make it to year 5. Farmers has more agents in bankruptcy than the other 3 major insurers combined, with an average debt to start your "free" business of $120,000. They essentially use new agents as a sales tool for themselves asking them to sign up their entire family, near and extended, where the agent makes $0 and they keep all the money. I worked for Farmers for 40 years. This company has turned to garbage.

Explore other reviews about Farmers Insurance Group

5.0
8 Apr 2026
Recommend
CEO approval
Business outlook

Pros

The ski is really the limit on earning potentionl

Cons

recent underwritting change are across the whol company instead of localized

1.0
4 May 2026
Recommend
CEO approval
Business outlook

Pros

Farmers once had a solid reputation, but that has declined since Zurich became involved.

Cons

The company is effectively taking the benefit of years of hard work that prior agents invested to grow their businesses and increase Farmers’ policy count. When I started as an agency owner, I invested my own time and money into advertising and building a book of business with the understanding that the sacrifices would pay off over time through renewal commissions. I believed this would create long-term value—something I could eventually rely on to support my retirement. Instead, the constant changes to commission structures and ongoing requirements to continue receiving compensation on business I personally produced—without support—have been incredibly discouraging. It feels like a moving target, and one that diminishes the value of what agents have built. I’ve never been in a position where meetings are held to explain how and why compensation will be reduced or taken away. That reality is deeply frustrating and disheartening.

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