Farmers Insurance Agent Commission Cuts. It is expressed as a percentage of premium and varies by type of coverage. Latest word on the street, is just this week farmers is telling all their agents that they are cutting their fire.
Life insurance renewal rates are typically 1 to 2 percent, or zilch after three years. Farmers insurance to cutt commissions and increase bonus. But the cost of servicing the policy will be constant.
Farmers insurance to cutt commissions and increase bonus.
(made that one up) as you consider your the next chapter of your insurance career please consider the life and liberation of an independent agent. From what i have read and am told, a lot of farmers insurance agents are pressured by the darg and continually feel threatened by management. I'm an allstate agent (captive agent) and we get a lower commission. Glassdoor has 3,569 farmers insurance group reviews submitted anonymously by farmers insurance group employees.