If you would like to buy an insurance agency, please view our insurance agencies for sale below. We have previously sold insurance agencies and get paid by the seller when the insurance agency is sold. So there is no fee to the buyer for our services.
All of our clients want to maintain the confidentiality of the sale of their business. We provide an overview of each insurance agency below. To get the specific details, please fill out our online NDA on the business that you are interested in. On the online NDA, we also request that you provide some information on your background and financial qualifications so that we make sure that you are qualified to purchase a specific insurance agency.
This business has been sold. Please contact us if you would like to discuss how to sell your insurance agency.
This brokerage has been established for many years, addressing the insurance needs of both individuals and businesses. The breakdown of the book of business is approximately 75% personal and 25% commercial. Automobile policies account for 65% of personal line commissions, with homeowners and other products generating 35%. The brokerage has had longstanding direct appointments with Fidelity National, Franklin Mutual, Farmers of Flemington, Mercury Insurance Group, IFA, and Plymouth Rock. Homeowner and auto policies are also written through JIMCOR, a wholesaler. The brokerage is authorized to process applications on behalf of the New Jersey Personal Automobile Insurance Plan (NJPAIP). Commercial customers are served through products offered by Starr Indemnity and other companies. The book of business has maintained loss ratios at a level that has historically been significantly lower than average. The brokerage occupies 1,300 sq. ft. of space in a storefront location on a main thoroughfare. The owner is receptive to selling either the book of business or the entire brokerage. Since he owns the building that houses the brokerage, he has the flexibility to accommodate the buyer’s preference regarding the length of a lease commitment.
Buyers are interested in purchasing a variety of insurance agencies, including those that provide:
Sometimes, these buyers are other insurance agencies that want to grow through acquisition. In other cases, the buyers will be private equity firms or wealthy individuals.
If you want to sell an insurance agency, we offer a confidential consultation for profitable firms with annual revenue of $700,000 to $250 Million. There is no fee for our services until your insurance agency is sold, and we provide a confidential sales process.
Call today at (888)-688-4664 or fill out our contact form.
