Do you want to open an insurance agency?

We have prepared all the resources you need!

A free tool to calculate the revenue of your insurance agency

Insurance Agency Annual Revenue Estimator insurance agency profitability

Running an insurance agency can be complex, and accurately estimating your future revenue can feel even more daunting. To help you get a clearer idea for the coming year, we created this free tool. By answering a few agency-specific questions, you’ll see a rough estimate of what your annual revenue might be. We hope it’s helpful!

Different lines of insurance can vary greatly in terms of average premiums and growth potential.
The number of agents can directly impact your capacity to bring in new policies.
This helps estimate your total annual policy count when combined with the number of agents.
This can vary depending on whether you mostly handle auto, home, life, or commercial policies.
Cross-selling or bundling often leads to higher revenue per client.
Strong referral pipelines can boost policy sales significantly.
2000
This could include online advertising, local sponsorships, direct mail, etc.
Running ads on social media or search engines can expand your reach but increases costs.
A good CRM can significantly improve follow-up rates and conversions.
Promotions can attract more clients, though they may slightly reduce margin on each policy.
A larger team can drive higher policy sales, assuming proper training and lead flow.
This detailed forecast provides a comprehensive 3-year financial analysis, including all key profitability metrics.

Here is your approximate annual revenue range:

Back to blog

Read More

Tool to calculate the budget to open an insurance agency
Calculate the exact amount you need to spend to start your project.
READ