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how much does a state farm franchise cost

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Average State Farm Franchise Cost. The total investment cost to become a State Farm agency owner is about $25,000according to Franchise.com. This pertains to the capital you need for running the business itself.

People also ask


  • What is the State Farm franchise start-up fee?

  • Technically, the State Farm franchise start-up fee is non-existent. That鈥檚 because legally speaking, the company and insurance is generally not a 鈥渟ervice鈥?or 鈥済ood鈥?covered by the Franchise Act. In fact, instead of getting money from you, the company would help you train to become an agent.

  • How much does a State Farm Insurance Company owner make?

  • How much does a State Farm owner make? State Farm Insurance Agency Owners earn $250,000 annually, or $120 per hour, which is 117% higher than the national average for all Agency Owners at $65,000 annually and 118% higher than the national salary average for ?all working Americans.

  • How long does it take to become a State Farm agent?

  • 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.

  • What packages can I Sell as a State Farm agent?

  • Home, auto and life insurance are a few packages agents are eligible to sell, once becoming a State Farm agent.

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