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Farmers Rates Kill Your Business

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Insurance Agent in Phoenix, AZ
Current Employee - Insurance Agent in Phoenix, AZ

I have been working at Farmers Insurance Group full-time (more than an year)

Pros

You get to be your own boss, set your own hours, and work from the office or your home

Cons

Farmers rates are so high that you can't build a sustainable business. I have been working very long hours and quoting hundreds of people but can't make enough money to grow the business. Even all of the long time agents are watching their hard earned business walk out the door because of the high rates. You and your business/income are at the mercy of Farmers corporate and their rates.

Advice to ManagementAdvice

1) Check out the competition and their rates before you raise your rates so you can remain competitive. 2) Drop your rates before you kill off all your agents 3) Don't hire any new agents until your rates are once again competitive.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

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