State Farm Questions with 100% correct answers
How long has State Farm been in business? correct answers100 years How many agents does State Farm have across the US? correct answers19,000 Who has the largest State Farm agency? How long have they been in business? How much do they manage in GWP? Is it all organic? correct answersAl Clark, 45 years, 40mm GWP, No Why was State Farm founded? correct answersThey created price differences, someone in Chicago should pay more than someone in West TX because higher likelihood of getting into an auto accident Is State Farm publicly traded or private? correct answersPrivate What are the 2 ways you can become a State Farm Agent? correct answers1. Agent aspirant route (producing in an office and then becoming an approved candidate to agency internship to TICA) or 2. External applicant - not someone in State Farm that becomes approved and then goes into agency internship and TICA) What is the term State Farm uses when you start scratch? correct answersNew Market What is the term State Farm uses when you are given a book? correct answersAssignment What is the term State Farm uses when you are given a second location? correct answersMOA - multiple office agent What is the annual bonus program called with State Farm? What does it entail? correct answersScorecard, hitting moving metrics in monthly & annual lines of business sold
Written for
- Institution
- State Farm Q
- Course
- State Farm Q
Document information
- Uploaded on
- August 26, 2023
- Number of pages
- 5
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
Also available in package deal