Learn How to start your Farmers Insurance Business

1. Welcome to Mini course “How to Start Your Insurance Business”
Lesson 1 : How Insurance Agents Get Paid
A Path To Financial Freedom
Donald Swanson,
President of Agency Operation Farmers
Insurance
Welcome to Mini course “How to Start Your Insurance Business”
Lesson 2 : How Insurance Agents Get Paid
A Path To Financial Freedom
Donald Swanson,
President of Agency Operation
Farmers Insurance

2. Grow Your Business with Farmers
Insurance
Be in business for yourself, but
not by yourself
Be in Your Business For Yourself but not By Yourself.
Negin Miresmaily, MBA
Director of Agency Acquisition
Farmers Insurance

3. The Retail Program

5. Potential New
Business
Commissions per
households
Product Premium/Year New Business
Commission(%)
New Business
Commission($)
Auto (2 autos) $1900
($950 per auto)
9% $171
Home $1,290 14% $180
Umbrella $230 10% $23
Household
Total:
$ 374
10 households x $374 ≈ $3740
(monthly)
3 months x $3740 = $11,220
(quarterly)

6. Potential new
business
commissions per
month by selling 1
commercial and 2
Life
Product Premium Average new
business
commission
(%)
New Business
commission ($)
Life $975 50% $488
Commercial
( 1commercial)
$3850 15% $ 537
Total $976(2x $488)
+$537=$ 1,513
Quarterly total: $ 4539
( 2 Life a month and 1 Commercial a month)

7. Total Commissions for the Quarter
Total Personal Lines = $11,220
Total Commercial/Life = $4,539
Total Commissions= $15,759

9. The path towards agency ownership
/The process:
➢ Provide documentation of $50,000 Liquidity
➢ Background check
➢ Licensing and Training program
➢ Branded Office location ( at full-time appointed)
➢ Agency Staff (at full-time appointed)

10. You have the desire; we’ll provide you the support!
• Unlimited income potential
• The ability to sell your Service and Commission Rights
• Support from our District Manager and Business Consultant
• Corporate Positioning
• Comprehensive Training and Business Development
• Lead generation and Agency Startup Support
• Platinum Marketing System
• Internal Funding

11. Different Paths
to Insurance
Agency
Ownership
Paths to Insurance
Agency ownership
Protégé or
Associate Agent
Retail
Don’t have assets Have $50,000 assets

12. Decide with Confidence.
Make a 30 minutes consultations call :
https://calendly.com/district65sd/consultation-call

13. Thank YOU
• Donald Swanson, Insurance Agency, Inc.
• President of Agency Operation
• 1011 Camino Del Rio South, Suit 100
• San Diego, CA 92108
•
• Tel. 949-923-1523
• 6192430222
• www.farmersinsurance.careers