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Earnings equal your effort. If you want the old contract, it doesn't exist anymore for new agents. You have to step it up and pull your weight if you want to make a living in this industry. We're in a time and place where everyone else is really hurting for work. If you're fortunate enough to win an agency position with State Farm, you're going to need to pull your weight to pay your bills in the early years, just like with any industry. The fortunate thing is that you have a very stable company backing you. You're not dependant exclusively upon your good name and capabilities. You're with a team of over 15,000 agents who represent a company more financially stable than most in the US today.

Hang tight. Do this if you want to do it, not just to get richer than the Jones' family. Do this if it's right for you. Get rich quick?... no, that's called haste makes waste.

You want to build a good business from which you can encourage and build-up others? State Farm's a great place to work from within to meet every-day people where they're at for lasting impact for their good.

Cheers!

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How much Salaries for a state farm Insurance agency owners?

My understanding is that a State Farm agent is up to a certain point an entity independent from State Farm corporate. In other words, State Farm the company does not pay out a salary to a State Farm agent. The State Farm agency is ran like an individual business, so the agent pays himself/herself whatever he can afford to pay himself/herself after paying his own employees (office staff) and bills, etc... An agent may very well make 500,000 after he/she's been well established and book of business has grown, but there is no guarantee that an agent will make that amount of money... it could be much less, or it could be much more... depending on how he/she runs his/her business.


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How much do insurance agents make annually?

Depending on the location, a captive insurance agent (an agent that is contracted through a company, ie: state farm, farmers etc.) in their first year should make between $35-$50k


How much money does a chicken farmer earn?

once your farm is paid for about 175,000.00 a year


How much money does an FBI agent earn with a masters degree?

An FBI agent can earn fro $48,000 to $85,000 per annum. However, higher salaries are mainly paid to senior officials.