10 Insurance Franchise Businesses to Watch Out For

With many external factors endangering people’s health, vehicles, and properties, an insurance franchise would be a good idea to cater to this demand. Everyone needs insurance at one point in their lives, and it’s up to them which insurance company to choose. If you’re looking to franchise one, here are the top 10 insurance franchises in the United States. 

1. Estrella Insurance

With experience in this field for over 40 years, Estrella Insurance is one of the most reliable insurance groups in America. The company offers auto, health, home, renters, motorbike, boat, business, RV, and travel insurance. With over 175 locations in the United States, franchisees are assured of support every step of the way. Moreover, Estrella Insurance provides top-notch marketing and advertising on several media, such as outdoor advertising, radio, TV, and digital marketing. 

Estimated franchise cost: $49,950 to $84,000

2. Allstate Insurance Company

Here’s your chance to earn repeat revenue from policy renewals and savor high earning potential. With Allstate Insurance Company, rest assured you’ll own equity in the business you establish. Also, Allstate offers franchisees the chance to maximize their revenue via multiple product offerings. And if you’re into giving back to the community, Allstate helps communities by supporting local charities.

Estimated franchise cost: $75,000 to $100,000

3. Farmers Insurance

If you don’t know a thing about insurance, buy a Farmers Insurance franchise, and you won’t have to worry about the learning curve. This insurance franchise ensures you work with an industry professional or district manager as your business coach. You get the training you need, business development, and branding support. In 1928, Farmers Insurance started by offering vehicle insurance to rural farmers. Now, the company has expanded its services by providing different coverage. 

Estimated franchise cost: $50,000

4. Brightway Insurance

Brightway Insurance offers franchisees several franchising options that suit their budget and preference. You can build a standard agency without hiring additional staff and gain access to back-office and marketing support from Brightway. You may also opt for an enhanced agency setup to take advantage of higher business commissions. Better yet, you can build a full-scale retail agency with signage and a team of agents. 

Estimated franchise cost: $23,100 to $173,500

5. We Insure Group, Inc.

Deemed one of the fastest-growing insurance companies in the U.S., We Insure Group offers money-making opportunities. You’ll enjoy cutting-edge technology, partnerships with top insurance providers, unparalleled support, a unique business model, and a network of agency owners. 

Estimated franchise cost: $49,000 to $79,000

6. Goosehead Insurance

Buying a Goosehead Insurance franchise ensures that your buyers get the same benefits as the agents selling the insurance policies. Goosehead Insurance has redesigned the way insurance is sold in the United States. You’ll enjoy true financial freedom, ownership, growth, sales, and tight relationships. 

Estimated franchise cost: $41,500 to $116,500

7. Pronto Insurance

Establishing a Pronto Insurance business entails partnering with an industry veteran. Your wise investment starts with this company by getting access to a full suite of products. This recession-resilient company ensures that your investment is sustainable with high earning potential. Pronto has over 200 locations in the United States, proof that it’s an insurance franchise with impenetrable market muscle. 

Estimated franchise cost: $52,925 to $120,950

8. Freeway Insurance

If you’re passionate about serving customers and the community, Freeway Insurance is the insurance franchise for you. The company shares its industry-proven secrets and practices so new franchisees aren’t left in the dark. Getting Freeway Insurance franchise also gives you access to an established business model and extensive national and regional carriers. Plus, you have a broad selection of ancillary and insurance products. Franchisees will also undergo top-tier and comprehensive training and enjoy brand and advertising support. 

Estimated franchise cost: $61,000 – $113,060

9. Sebanda Insurance

Sebanda Insurance offers two different types of franchising opportunities: a single-unit franchise, which lets you run your own Sebanda Insurance company on your preferred territory.

Or you may also opt for area development franchises, which allow franchisees to establish a series of Sebanda Insurance territories. The latter will give franchisees more earning opportunities, as dominating a larger region means catering to more customers. The company also provides hands-on training programs, so new franchisees are equipped with the skills, knowledge, and expertise to run their business successfully. This means you’ll undergo multi-phase training programs that include hours of hands-on experience at one of Sebanda’s established locations. 

Estimated franchise cost: $57,300 – $86,500

10. Fiesta Auto Insurance and Tax

Serving America’s Latino and Hispanic communities ever since, Fiesta Auto Insurance and Tax is the franchise to buy if you’re looking for auto and tax one-stop-shop insurance. For over 25 years, the company has perfected its business model and garnered award-winning formulas. Franchisees get two service models under one franchise fee, auto insurance, and tax services. 

Estimated franchise cost: $67,052 – $120,599

For other franchise opportunities, read more here at Franchise How.