I was recently contacted by a recruiter to become an agent. I found this site doing my research and due diligence. Wow, I didn’t expect this many workers at State Farm this upset! In todays environment would you become an agent?
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If "they" are recruiting you......BE CAREFUL! I have seen many of them go bankrupt. They'll legally shut you down financially.
The problem with buying direct is simple…..most people don’t know or understand much about insurance. When they buy wrong, they have to yell at somebody.
Here’s the thing about team members wanting to take over the agency. The agent has absolutely no ability to make that happen. The book of business belongs to State Farm. Period. End of story. They’ll do what they decide to do with it.
There has NEVER been a better time to be an agent, we are stacking money like you would not believe.
The short answer is "no". I was in recruiting and there are many horror stories. One of my closest friends works in an agents office and the plan was to get the office when the owner retired, when I asked when this was going to happen the answer is now "never", too much has been seen and too much is now known about how things operate.
I think being Agent Smith would be pretty cool.
I'm calling for Mr. Annnnderson
Thank you, thank you very much.
Bravo to @1tdb for the inclusion of himself as a failure and misfit.
@1lyy So you are God and you can judge and name call. Part of the problem and not the solution. Must be in management.
A description-you must not read many posts. Yes, it is a site for failures and misfits. Embrace it.
@1tdb failures and misfits......there's your inclusion Mr. Hypocrisy.
Talk to some agents. Consider getting designations to accurately gauge your capacity for and interest in insurance and financial services, then work in an agent’s office. Learn not just the terminology and processes but the culture.
Why do you want to be an agent? Are you intellectually and emotionally prepared to talk to someone after an accident when they file a claim and are hysterical? Are you prepared to have honest yet possibly uncomfortable conversations about life insurance so that when a person dies their family is protected?
If you can say yes to both then maybe you should look into it.
@1woy…….Very few agents with any tenure are paycheck to paycheck. If they are, they’re in the minority and just not very talented or very smart.
Agents have a different mindset than employees. (That happens when you have to hire employees and pay them with your own money). So many agents actually ARE former SF employees who just didn’t adhere to the “my fate is what Bloomington says it is” mantra. They know they’re on their own, and if things change, so will they. They’ll be in much better shape than you think, because flexibility and rapid change is just part of the deal for them. Most have been expecting and preparing for changes for at least a decade now. They’ll be ready if and when it actually happens.
The Agent gravy train is coming to an end. Just like what Ford did today direct buy fix price save 2K. Why would you pay for an agent when u can just buy direct what’s the value? Things are changing fast in the insurance industry, the Farm will implement changes after 100th. I would pass it’s going to be a rude awaking for some agents especially the ones that go from paycheck to paycheck
I would not. But I’ve been at it for decades, and what they want now is not what they wanted then. It’s not wrong, it just isn’t what drew me to the business. My time is nearing its end.
For some people, this current opportunity will still be life changing in a good way.
I started as an independent auto & home agent. I was selling a commodity, it's bind it, book it, bill it, day after day after day.
When I moved to Life insurance, health Insurance, commercial insurance, I had to acquire much more expertise, I was not selling boilerplate policies, I was actually selling solutions to a client. Eventually a large broker offered to buy my business I sold it to them, I went to work for life insurance company as an analyst, auditor, marketing rep it was fun.
Don't forget about earning insurance designations, there's not much training out there these days, if you want to acquire expertise don't wait for the company to provide it, you've got to go out there and get it yourself.
I'm retired now I'm 61. I work part-time for a friend's commercial Insurance business, it's still fun for me to run audits and find gaps in the client's coverage.
What I've been saying to clients from the early years when I started the business is this: "I need to know that you know what these coverages mean, and what limitations and exclusions there are that apply directly to you. I'm not leaving your office until we accomplish that."
Agent offices are hit or miss. Try to find out why the last agent is gone and why no one stepped in and you might find your answer. This would be more of a local area question than a SF overall question. Most the people here are claims handlers and not agents so keep that in mind. As an agent you are not a SF employee keep this in mind.
It's a sales job. If you're good at it you will make money.
If you are serious this is not the site to ask that question. This is a site for employees that have been laid off or will be in the near future. For an accurate assessment reach out to the newest existing agents in your community. They can give you the good, the bad and the ugly. For the right person it can be a great career.
By the time they background check, score ya, scrutinize and make sure your progressive enough, you will be proud to be an agent. Not the real world or real folks (youngsters that meet the "mark") A show