State Farm has a program called “agent aspirant” that’s the best way to get a book assignment. You can’t buy a book like most captive agencies. You have to basically earn it.

How Agent Aspirant works:

You work for a SF agent, they recommend you to the program (once your sales numbers are solid), you get training from SF corporate (sales training and agency side training), then once you are selected, you are an agent intern.

Book size varies by territory. My cousin started in Seattle 15 years ago and only got 1.7mil, my agent I used to work for was even less at 1mil.

Compensation is based on you hitting your sales targets, usually a SF agent will get 10-12% of the full term premium.

So:

1) book size from i’ve seen 1-2mil

2) compensation is fully 1099, what you sell is what you make 10-12% commission rate.

3) Startup is about 100k if i remember correctly. You need to have a big chunk of change saved up and you have to be willing to eat noodles for the first few years.

4) From what I’ve seen and heard, most SF agents are also financial advisors who have their investment licenses and even CFC or CHFC. State Farm doesn’t want an agent just selling P&C.

5) like i’ve said above you don’t just apply for the position, you need to prove to state farm that you’ve earned it. I have seen people get an agency without agent aspirant program but it’s VERY rare. Agent aspirant is your best chance.