As financial advisors who represent insurance brokers in business transactions, we are commonly asked one question “How much is my agency worth?”. It is the one topic that each and every agency owner wants to discuss. It would be nice if we had one simple answer; unfortunately there is no simple answer.
It is impossible to estimate the value of an insurance agency without performing a financial analysis. Earnings of the agency are the main influencing factor, however there are 9 factors to take into consideration.
As a firm, we believe answering the question is part of our responsibility and the foundation of a great working relationship – even if that is further in the future. Because of this we, unlike most firms, offer free insurance agency valuations for those who qualify.
Fill out the form to get a professional and accurate answer to your most burning question!