Can You Become A State Farm Agent With Bad Credit?

Are State Farm agents employees?

*State Farm agents are independent contractors who hire their own employees.

State Farm agents’ employees are not employees of State Farm.

Agents are responsible for and make all employment decisions regarding their employees..

How much money can you make as a State Farm agent?

The typical State Farm Agent salary is $53,482. Agent salaries at State Farm can range from $110 – $261,552. This estimate is based upon 20 State Farm Agent salary report(s) provided by employees or estimated based upon statistical methods.

Do you need a degree to be a State Farm agent?

“Decent company with great benefits but do not be misled, you MUST have a bachelor’s degree.” The pay is decent and the training is industry leading. Working for State Farm alone will open lots of doors for you.

Does State Farm do drug tests?

Are background checks and drug tests part of the hiring process? Yes. Job offers are contingent on a personal background check and drug screen. … These background checks are in addition to any you are required to take prior to being employed with State Farm.

How much does an independent insurance agent make?

The average Independent Insurance Agent salary ranges from approximately $32,761 per year for Insurance Producer to $86,621 per year for Sales Manager. Average Independent Insurance Agent hourly pay ranges from approximately $11.00 per hour for Administrative Assistant to $13.50 per hour for Phone Operator.

How much money can you make owning an insurance agency?

National AverageSalary Range (Percentile)25th75thAnnual Salary$43,000$100,000Monthly Salary$3,583$8,333Weekly Salary$827$1,9231 more row

How much do farmers agents make?

The typical Farmers Insurance Group Insurance Agent salary is $45,704. Insurance Agent salaries at Farmers Insurance Group can range from $25,298 – $138,298.

Does State Farm do a credit check for employment?

State Farm required a background check, including a credit history review, for all ACT applicants to determine their fitness to market financial and insurance-related products.

Can you be an insurance agent with bad credit?

Yes, but there is a limit. Farmers looks much less at credit while looking more at outstanding items like collections and liens. Currently, the agency path requires investable assets to show a candidate is capitalized. It was difficult with Farmers and they were always concerned about prospects with bad credit.

How long is the hiring process for State Farm?

10 days start to finish. The steps are: apply, get email for interview, schedule interview, if you pass interview then you get another interview via telephone. Next day get call from HR to be hired if you pass.

Is being a State Farm agent a good career?

Great company to work for. State Farm is one of the best insurance companies out there to work for with several different products to offer clients. Compensation is fare. Great atmosphere.

How do I become a State Farm agent?

Training for a State Farm agent position can take about 2 years. There is an internship and a 1 year independent commitment to complete before becoming a full-fledged agent. . Home, auto and life insurance are a few packages agents are eligible to sell, once becoming a State Farm agent.