Newport News, VA Allstate Agency with 5 state Binding Authority!
Business Description
(PRICE ADJUSTMENT!!) The Retention ratio is 74.24% and the loss ratio is 68.62% which reflects the AUTO loss. In addition to the Allstate Earned Premium of $3,467,238 there is also $54,800 in Ivantage Premium. There are three staff members that make up this team. One Customer Service Manager, one Customer Service LSP, and one Licensed Sales Producer. All of which are remote. There is no lease to take over on this purchase. In addition, there is P&C Binding authority in Virginia, Maryland, Delaware, West Virginia, and North Carolina. Owner is retiring and ready to move into the next phase of life.
About the Business
- Years in Operation
- 4
- Employees
- 3
- Facilities & Assets
- Remote
- Website
- https://agencyforsale.com/listings/a456c14c-63db-4aa9-87db-441e8a4ae38e
About the Sale
- Seller Motivation
- Retiring
- Financing Options
- Some financing available with acceptable offer.
Listing Info
- ID
- 2304672
- Listing Views
- 1117
Listing ID: 2304672 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
