Farmers Insurance
The total investment to open a Farmers Insurance franchise ranges from $29,500 to $406,850. The initial franchise fee is $33,000. Ongoing royalties are 0%.
What is the Farmers Insurance franchise?
Farmers Insurance provides property and casualty insurance to customers. The estimated total initial investment to open is $29,500 to $406,850, and the initial franchise fee is $33,000.
The company was founded in 1928 and is headquartered in Austin, TX.
Loan Activity Score
48/100
SBA Default Rate
0.0%
Active Lenders
13
According to its Franchise Disclosure Document or public business records, Farmers Insurance has 27 locations, all owned by franchisees. Public SBA loan records show 13 lenders made 16 loans to franchisees of Farmers Insurance. PeerSense calculates Farmers Insurance's score as 48 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1928 · 27 locations
$29,500 to $406,850
$33,000
27
27 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Farmers Insurance
16
Total SBA loans
$230K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Farmers Insurance
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 3.2% peer avg
SBA Loans
16
Total Volume
$3.7M
Active Lenders
13
1 selective
States
11
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Farmers Insurance based on SBA lending data
SBA Default Rate
0.0%
3.2% below peer avg
SBA Loan Volume
16 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 1.2 loans per lender
Investment Tier
Mid range investment
$29,500 to $406,850 total
Farmers Insurance: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2020
24 approvals. The best year on record for Farmers Insurance.
Top SBA State
California
29 SBA financed Farmers Insurance locations, the densest operator footprint.
Average Loan Size
$300K
Median $313K. Use as a sizing anchor when modeling your own Farmers Insurance unit.
Lender Concentration
17.7%
Highly Diversified
Share of Farmers Insurance approvals captured by the top 3 SBA lenders.
Farmers Insurance's SBA lending pipeline peaked in 2020 (24 approvals). The last five fiscal years account for 481% of cumulative volume ($28M approved). Operator density is highest in California with 29 SBA financed locations. Average funded ticket sits at $300K, with the median at $313K. Lender mix is highly diversified: the top three SBA lenders account for 17.7% of approvals. Borrowers have leverage to shop multiple credit boxes.
Payment Estimator
Estimated Monthly Payment
$305
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Farmers Insurance, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman