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Finance & Insurance
Agnostic

$6.6M Allstate Book in Coastal Rhode Island, 89% Retention

Newport County, RI, USA
Updated 18 hours ago

Exclusive Allstate personal-lines agency in Tiverton, Rhode Island, with $6.6M in 12-month written premium across 3,135 policies. The book is anchored by Standard Auto (51%) and Homeowners (41%). Policy retention has held between 88.9% and 90.7% since 2023, and policies older than five years retain at 90.4%. The 24-month adjusted paid loss ratio is 32.87%.

Premium

$6,599,138

Expenses

$435,075

Loss Ratio

36.00%

Retention Ratio

89.00%

Policies In Force

3,135

Financials

Asking Price
$1.3M
RevenueMost Recent Year
$650K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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