How to Transition to Becoming an Insurance Agent
August 15, 2018
Making a professional change is not a decision to take lightly. If you want to make a move that allows you to help people in your community and run your own business, becoming an insurance agent could be right for you. Farm Bureau understands that starting a new professional venture can be daunting, so we offer extra support to our new insurance agents.
Farm Bureau Insurance Agents Come From Different Backgrounds
If you don’t have experience in the insurance industry, don’t let that intimidate you when considering becoming an insurance agent. A background in insurance is not always necessary to succeed. In fact, many of our Farm Bureau agents started in different positions, such as car sales, high school sports coaches, bankers, grocery store managers and more.
Effective insurance agents are able to leverage their prior experiences and leadership skills to find success, despite coming from various backgrounds. If you’re willing to work hard to help your community and put in the time it takes to do well, becoming an insurance agent can be a simple transition for you.
Understand the Top Traits of Successful Insurance Agents
Although many of our most successful insurance agents come from different backgrounds, they often share certain skills that help them thrive as Farm Bureau agents. We’re looking for go-getters that are competitive and passionate about their work.
When considering a new professional opportunity, it’s important to determine what motivates you. If you genuinely want to protect your friends and neighbors, becoming an insurance agent would be a great fit.
Start Your Insurance Business With the Right Intentions
Farm Bureau agents’ first priority is to help protect the people in their communities and what matters most to them. At Farm Bureau, we’re not just selling insurance policies to meet a quota - we’re working to insure our clients because we want to keep them safe when the unexpected strikes. That’s why one of the keys to being successful in the insurance industry is to care about your community.
Steps to Becoming an Insurance Agent
Before you decide to jump into the insurance industry, make sure you have the information you need to make the right choice. Being an insurance agent is a unique business opportunity, offering perks such as the ability to be your own boss and to create your own work schedule. However, there are a few steps you'll want to take to make it a smooth transition.
Research the Various Insurance Agencies
If you want to learn how to be an insurance agent, start by researching potential insurance companies. Not all insurance agencies are the same! Some charge franchise fees, some have limited product offerings and others offer products that can serve clients throughout every stage of life. All of these factors affect your earning potential, so it’s important to get this information and learn more about each company’s product offerings.
Learn the Training Offered by Insurance Agencies
Be sure to research the training programs and support offered by each insurance company, especially if you are new to the industry. Farm Bureau offers both initial training for new agents and ongoing support for seasoned agents. We also provide marketing tools for our existing agents to use as they grow their business in the years to come. Understanding the support and training options available to you will help you plan your goals and how you will succeed as you move forward.
Determine the Licenses You Need as an Insurance Agent
Finally, when learning how to become an agent and deciding which company you want to work with, it’s important to know which licenses you need and if you have to pay for them on your own. Make a plan for how you can attain the licenses you need and how to meet the necessary requirements. At Farm Bureau, agents cover the cost of their state license after completing the Agent Development Program.
If you’re thinking about becoming a Farm Bureau insurance agent, now is the time to take the leap. Provided you earn your Series 6 and 63 licenses during the Agent Development Program or have your Series 6 and 63 when you contract, you'll get a $5,000 sign-on bonus!
Start Making a Difference in Your Community
Becoming an insurance agent is an exciting business endeavor because you'll be helping those around you protect themselves and what they care about most. If you want to try it out and see if selling insurance is right for you, join Farm Bureau’s Agent Development Program. Our program for new agents lets you develop your skills and get first-hand experience without needing to quit your current job. After completing the four-month program, the transition to a contracted agent is simple. Get started today to make a difference in your local neighborhood.