: You do not own the rights to the policies; State Farm can terminate the contract and reassign the book.
: Some sources indicate that upon exit, State Farm pays out roughly 1x annual commission over 20 years. How to value an insurance agency | Higginbotham buying a state farm book of business
: For a book alone, it is often 1.0x to 1.5x annual gross commission. : You do not own the rights to
: Standard agencies are often valued at 1.5x to 3x gross revenue. buying a state farm book of business