Franchimp Summary Rating
Lower than 9% of peers
Franchise Summary
Company Background
L.A. Insurance is a franchised insurance agency that offers customers a professional and personalized approach to their insurance needs. We specialize in non standard auto, homeowners, and associated products and services. Our goal is to empower people by giving them the resources they need to protect themselves from life's uncertainties while making it as easy as possible for our clients to get what they want for less money than anywhere else!
Franchise Opportunity
Home and car insurance are a necessity for most people, but the process of finding the right policy and company can be daunting. Not only is it time consuming to research all of your options, but the wrong decision can lead to frustration and wasted money. L.A. Insurance is here to help. We are a trusted source for auto and home insurance, and we offer a wide variety of policies to choose from. We work with some of the top carriers in the industry, so you can be sure you're getting the best coverage possible at an affordable price.
Employee Contact Database
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Distribution of L.A. Insurance Franchisees
L.A. Insurance Franchise System Development in 2015
FAQ
How much investment do I need to start my own L.A. Insurance business?
Franchisees typically require at least $30,000 to $69,500 investment to get their L.A. Insurance business started
What are the initial franchise fees for L.A. Insurance?
We don't know exactly how much the franchise fees are for L.A. Insurance, but we can tell you that other franchises in the Professional Services sector typically need to pay between $11,266 and $16,444 to the
franchisor
How much money can I make with a L.A. Insurance franchise? What are
the average revenues for a typical L.A. Insurance business?
We haven’t done the math on how much revenue a typical
L.A. Insurance brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
L.A. Insurance to generate a similar amount
How long do I need to commit to running a L.A. Insurance unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$19,500 to $62,000
which is
Much Lower
than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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