Frequently Asked Questions

Don't hesitate to contact a recruiter for more information.

Do I have to quit my job while I'm in the State Farm agent process?

You are not required to quit your job to go through the selection process, but time off needed may vary as you move forward. Please work with your recruiting contact on specific days and dates.

What about insurance licenses?

State Farm pays for your licenses during your internship period. Insurance producer licensing takes place after you have been selected for a specific location or market area.

Do I need a college or university degree?

A college or university degree is not required, but post-secondary education is recommended.

Can I select my agency location?

Once you are an Approved Candidate, you can compete for opportunities as they become available in the market area(s) of interest to you. In addition to traditional opportunities created by retirements, there are new market opportunities and some that are a combination of traditional and new market. Once selected for an opportunity, you work with leadership in your local Agency Field Office to determine the exact location of your office.

What does it cost to become an agent?

Investment amounts can vary greatly by market, just as the cost of living varies. Once you've been selected, you begin a paid internship with State Farm employee benefits. Once appointed as a 12-Month Term Independent Contractor Agent (TICA), you receive a generous signing bonus; then an additional bonus at the beginning of your second year. As an independent contractor agent, you are responsible for all business expenses.

State Farm provides significant support to help manage those expenses:

• Furniture and equipment at a low monthly price
• Computers, phones, and related tools at little or no cost

What is the success rate of new State Farm agents?

State Farm has one of the highest new agent retention rates in the industry. Almost 84 percent of agents appointed since January 2001 were still agents or in agency field leadership positions by the end of 2008.

 If I have to move, are there relocation benefits?

Relocation benefits may be offered to homeowners and renters hired from outside of State Farm. Benefits include:

• Lump-sum payment ($4,000 renters, $10,000 homeowners)
• Movement of household goods
• Temporary storage (if needed) for up to 90 days
• Home marketing and home-finding assistance
• Spousal employment assistance

State Farm employee candidates may also be eligible for relocation assistance.

What retirement plan is provided to agents?

To assist agents with retirement, State Farm offers an Annual Investment Payment Program (AIPP). A percentage of your commission is returned to you in the beginning of your seventh year.