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Farmers Insurance Group

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Farmers Insurance Group reviews

3.2

44% would recommend to a friend

(6,839 total reviews)
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Raul Vargas

42% approve of CEO

42% positive business outlook

Farmers Insurance Group has an employee rating of 3.2 out of 5 stars, based on 6,839 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Farmers Insurance Group employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

7K reviews
1.0
Aug 9, 2016
Recommend
CEO approval
Business Outlook

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.

1.0
May 13, 2023
Recommend
CEO approval
Business Outlook

Pros

They used to be good and care about workers. Formerly had remote work Won several great places to work awards in the past

Cons

Do not accept the position with this company do not be fooled by previous awards it is not the same company. There's a new CEO now and they lie to you and they do not care about you or listen to your feedback at all. New CEO announced a change to working locations and schedules and the feedback was unanimously negative. Many people literally and physically could not accommodate the new changes they do not care. Their response was we heard you but we're moving ahead anyway and we don't care. Employees were promised one thing and then it changed. They also do not pay you enough to justify or to make these changes work.

1.0
Aug 7, 2019

Fraud everywhere!

Recommend
CEO approval
Business Outlook

Pros

Freedom to make your own schedule-ish. They force you to be at the office, or pay someone to be there, 55 hours per week.

Cons

Everyone knows the DM’s are committing fraud in their agents books of business. The entire territory office, in Denver, looked the other way and actually threatened to fire the agents AND report them to the DOI for fraud! They had years of proof that the DM was using his personal credit card to add renters policies to random clients, then cancel them when he reached his quota. Farmers, as a whole, will also pay out on claims they know they shouldn’t just to save time. This creates drastically higher rates for clients and cuts the commission rates down for agents. Agents are deducted from their quarterly revenue goals for the amounts of the claims paid. I personally had an illegal keep wrecking his girlfriends car, she refused to add him to the policy and couldn’t provide proof of valid U.S. license. He totaled 2 cars and hurt 3 people... Farmers paid... rates went up. No benefits No work/life balance, they expect you to always be working They can’t even figure out how their own commission structure works! I was charged back for every life policy I wrote the first year I was there. As soon as they each hit 1 year, I saw the charge back for every penny I made. It was a wrong code when I had to change districts because my original was allowed to resign over all the fraud he committed. Nobody could explain it.

Viewing 16 - 18 of 6,839 Reviews

Glassdoor has 7,384 Farmers Insurance Group reviews submitted anonymously by Farmers Insurance Group employees. Read employee reviews and ratings on Glassdoor to decide if Farmers Insurance Group is right for you.