TWFG-The Woodlands Financial Group?

[MikeM.]

PotentialFarmer,

Talk about over saturation when it comes to Farmers. LOL. For me, I'm not a complete newbie but I'm starting over with nothing, not a single customer ready to buy from me so it's a little nerve racking.

Just remember to go over what TWFG's requirement such as upfront fees, office, etc. From what I gather so far, there are a few clusters out there, just harder to get in, many of them require you to have a stable book before they let you in.

 

[jru37726]

I've been in the P&C industry for 15 yrs (working for captive agents the whole time) and have a ton of knowledge of the industry. My father has been a Nationwide agent for almost 40 yrs and he says captive is the way to go, unless you have alot of capital. My natural market is huge from the places I have been so getting customers shouldn't be a problem for me, unless the rates are WAY out of wack.....which I wonder how I can really find out. Maybe I should go online and get some quotes for some of my customers I have now. I actually have my final interview with Farmers tommorrow morning at 9am. Fired up!!! I think I'm gonna at least check it out. You can opt out at any time and TWFG will be my next stop. Pray for me guys!!!! thx for all the input.

Btw, I'm in Maryland and Farmers has only real been in this area for a yr so rates might be different here? Who knows.

 

[MikeM.]

Jru,

With your experience, you should be able to ace through Farmers interview with ease and get a contract offer..

I wish I knew what rates are like there. I hope it's more competitive there. It wouldn't hurt to get a few quotes from Farmers just to compare rates before jumping both feet in.

 

[sbtwfg]

I was with TWFG, but left. My experience with them was horrible to say the least.

 

[jru37726]

What happened that it was so bad?

 

[Tigerhoo]

Troll.....Pretty lame to go bashing a company or person and not provide and supporting evidence.

To anyone who has used them, what kind of buy out clause do they have?

I have been captive for 20 years, how many appointments could I expect within a couple of months of contracting?

 

[SFCBrown]

TWFG has a guaranteed buy out provision of I believe 1.5 but they also allow you to shop it around