Great if you want to get in $100k of debt w a 98% rate of failure
Pros
Learn about insurance. Some training available
Cons
Pressure you into changing contracts so they basically own everything you do. It's only your business from the standpoint that you pay to do it. Outside of that Farmers owns everything you do under the new contracts. By their own numbers, only 2% of Farmers agents make it to a store front and make it 2 years and even less make it to year 5. Farmers has more agents in bankruptcy than the other 3 major insurers combined, with an average debt to start your "free" business of $120,000. They essentially use new agents as a sales tool for themselves asking them to sign up their entire family, near and extended, where the agent makes $0 and they keep all the money. I worked for Farmers for 40 years. This company has turned to garbage.