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Quick Summary
Auto & Home insurance is a $156 billion industry which is primarily controlled by captive agents like Allstate, State Farm, and Nationwide. However customers increasingly want choice to mimic their experiences from Amazon, Expedia, and Kayak. Compass provides state of the art technology and product choice to provide a Kayak style experience.
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Compass Insurance
Business Cost, Fees & Facts for 2024
Minimum Cash Required | $80,000 | |
Total Investment | $50,000 - $150,000 |
Available In These States:
Overview
Compass Insurance - Franchise
There is a $156 Billion marketplace of preferred auto and home insurance customers, primarily written and serviced by agents. Of that, roughly 60% of that market is controlled by captive agents. However, customers increasingly want choices such as Amazon, Expedia, Kayak, and Netflix that shape the buying habits of consumers. Auto and Home insurance is subject to the same stressors as other markets, which requires agents to make investments into their value proposition.
Agency Owners Focus Areas:
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