: You do not own the rights to the policies; State Farm can terminate the contract and reassign the book.
If you want a rough idea of how much your insurance agency is worth, take the earned commission and multiply it by 1 or 1.5 times. Higginbotham Should I Start A State Farm Agency In 2026? buying a state farm book of business
While you aren't "buying" the title to the clients, you are often paying for the or the assets of an existing agency. Typical valuations in the insurance industry include: : You do not own the rights to
: Most new agents enter through an "aspirant" or trainee program rather than a direct purchase. buying a state farm book of business