Allstate Agency in Western/Central Maryland
This well-established insurance agency has served its community for over 50 years and has consistently grown its book of business year after year. Recognized as Best in Company in 2006, the agency has a strong reputation for performance and customer loyalty. Located in fast-growing markets within close proximity to Washington, D.C., the agency is well positioned for continued long-term growth. The operation is supported by four experienced staff members and generates approximately $500,000 in revenue on $5.6M in written premium, with 3,125 policies, a VC of 45, and an impressive 89.16% retention rate.
Premium
$5,600,000
Expenses
$255,970
Loss Ratio
40.41%
Retention Ratio
89.16%
Policies In Force
3,125
Financials
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