Choosing the Right Insurance Franchise

February 2, 2022


Share

Insurance is a fantastic business to start as a franchisee. Your agency can provide a steady, recession-resistant source of income by selling a financial product that everyone needs. Plus, as a community-based business, a local franchise gives you the opportunity to leverage your existing personal relationships and professional connections to help grow your book of business.

 

Why go the franchise route? After all, you could work as an independent broker instead. But going it alone, you won’t have nearly the same access to top insurance lines, and you won’t always get the most competitive pricing as an independent operator. Alternatively, you could choose a captive model — but then you could be limited to a small number of products with numerous corporate constraints on your operations.

 

So, a franchise makes good sense, but how do you pick the right one for you? Consider these factors:

 

Brand Strength

When it comes to insurance, consumers want a name they can trust and a company they can rely on — one that feels established and familiar. With a visible national reputation, We Insure checks that box. Customers have confidence in the We Insure brand, and your agency will be instantly recognizable when you’re a part of our team. 

 

Corporate Culture

As a franchisee, you want to be part of an organization that encourages your success at every step along your entrepreneurial journey. We will support you from beginning to end — you don’t need to have any prior insurance industry experience to become a We Insure franchise owner. We can help you find an agent-in-charge and offer top-quality training opportunities. You’ll even have access to our mentorship program, where new agency owners can learn from seasoned veterans. 

 

Back-End and Marketing Support

We understand that you’ll have your hands full prospecting and servicing clients. That’s why we go out of our way to take as many day-to-day burdens off your shoulders as possible. We offer a dedicated call line to answer policy questions and send out reminders ahead of renewals to assist with client retention. We’ll also set up your business website and social media profiles and manage your online reviews. Additionally, you’ll benefit from expertly produced marketing content, and you can learn from industry experts who regularly appear on our “We Wonder” educational video series.

 

Financial Advantages

We Insure is an affordable and accessible franchise for many new business owners, offering immense value for the access and service it provides. We were identified by independent research firm Franchise Business Review as one of the Top 100 Low-cost Franchises in 2020 and as one of the Top 200 Best Franchises to Buy in 2021. Plus, as a franchisee, you’ll enjoy access to the highest tier commissions starting on day one.

 

Start Your Ownership Journey

 

We Insure allows entrepreneurs like you maximum flexibility and freedom to chart your own course. The We Insure team would love to help you take your first steps in your entrepreneurial adventure. Contact us today about franchise opportunities available in your area.

The information contained in this page is provided for general informational purposes only and may not be applicable to all situations. WeInsure makes no guarantees of results from the use of this information.