: Standard agencies are often valued at 1.5x to 3x gross revenue.
: Most new agents enter through an "aspirant" or trainee program rather than a direct purchase. buying a state farm book of business
Buying a State Farm "book of business" is structurally different from buying an independent insurance agency. As of 2026, State Farm agents operate as independent contractors, but the company legally owns the policies and the client database. 🔑 Core Concept: Assignment vs. Purchase : Standard agencies are often valued at 1