How much money can I expect to make as a State Farm Insurance Agent?
If your salaried some captives like State farm generally pay $25-30m first year but keep commission income until you reach a certain plateau. After that they would put you on straight Commission. most fold after 2-3 years.
The answer to your question is "you can make as much as you want" depends on how hard you work. Their is business out there…go get it!
Recommended Reading
- Farm Insurance Agents Providing Financial Security
- State Farm Insurance – Michelle Cooper CFP – (905)826-4900
- Successful Farm Insurance Agents Understand That Knowing Their Clients Is The Key
- Farm Insurance Agents in the News
- Business Strategic Development For Farm Insurance Agents
30,000 dollars
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What makes you think they are going to be able to pay you a decent salary as these Katrina cases keep piling them
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I'm sensing a recurring theme here, Matthew. 90% of agents fail in the first year – so the AVERAGE is probably $5,000 a year. Most agents that succeed, make $30k – $40k the first year. It goes up, because you get continuing commissions, but don't stop bringing in new business. One or two out of 1000 might make six figures. They USUALLY have prior sales experience.
But a FAIR percentage sell one or two policies to relatives, and that's it.
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agent, 21+ years
I don't know but I want the State Farm Agent on TV to represent me because he really cares for his clients.
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If your salaried some captives like State farm generally pay $25-30m first year but keep commission income until you reach a certain plateau. After that they would put you on straight Commission. most fold after 2-3 years.
The answer to your question is "you can make as much as you want" depends on how hard you work. Their is business out there…go get it!
References :
agent 37 years