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Agnostic

Allstate Agency in Upstate New York

New York, USA
Updated 14 hours ago

This upstate New York insurance agency presents an excellent opportunity for a buyer seeking a solid book of business with strong retention and room to scale. Priced at $499K, the agency generates $2,758,932 in written premium across 1,239 policies in force, supported by a retention rate of 86.58%, indicating a loyal and stable client base. Annual revenue totals approximately $203,656, offering a strong foundation with opportunities to improve profitability through operational efficiencies and growth strategies. A new owner will need to establish a physical location and staff, while existing agency owners have the flexibility to integrate this book into their current operations.

Premium

$2,758,932

Expenses

$121,000

Loss Ratio

51.83%

Retention Ratio

86.58%

Policies In Force

1,239

Financials

Asking Price
$499K
RevenueMost Recent Year
$204K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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