Freeway Insurance Records Incredible 270% Growth, Expands Operations Nationwide
Freeway Insurance Achieves Remarkable Growth and Expansion
Freeway Insurance, a prominent division of Confie and the largest independent personal lines insurance distributor in the U.S., has made headlines with its impressive growth, reporting an astounding 270% surge in just two years. The company has expanded its operations significantly, evolving from 14 to 53 locations and counting. This staggering increase positions Freeway Insurance as the fastest-growing auto insurance brokerage franchise across the nation.
A Business Model That Works
According to Alex Trachtman, Senior Vice President of Franchise Sales and Operations, the success of Freeway Insurance is largely due to the diverse range of insurance options that franchisees provide, tailored to meet the specific needs of their local communities. The innovative franchise model—recognized by Entrepreneur Magazine as one of the top Low-Cost Franchise opportunities—has proven pivotal in fostering dynamic growth in the company.
As communities around the country seek quality auto insurance solutions, Freeway Insurance is strategically expanding its footprint nationwide. New franchise units have recently launched in several states, including Alabama, Colorado, Florida, Georgia, Illinois, and Tennessee, with plans for further expansion into Ohio, North Carolina, and beyond.
Franchisee Support and Opportunities
CEO Cesar Soriano attributes the company's rapid expansion to the strength of its franchise model and the recognition from Entrepreneur magazine as a proof of the remarkable growth potential. He expressed enthusiasm regarding the number of entrepreneurs joining Freeway Insurance to establish successful businesses in their communities.
With a standard franchise fee of $25,000 per unit, and a discounted rate of $15,000 for veterans with honorable discharge, Freeway Insurance aims to make franchise opportunities accessible. Additionally, they offer attractive incentives for multi-unit and employee franchises, ensuring that their business model is not only cost-effective but also appealing to potential franchisees.
Meeting National Demand
In a climate where flexible auto insurance options are increasingly desired, Freeway Insurance stands out by providing diverse solutions to a growing, nationwide customer base. The company remains focused on supporting its franchisees while ensuring high-quality insurance products are available to customers across the country.
The company's longstanding commitment to exceptional service and a robust selection of insurance products positions them strongly in the competitive market. Their offerings encompass various types of insurance, including auto, commercial vehicles, homeowners, renters, and more.
About Freeway Insurance
Founded in 1987, Freeway Insurance has established itself as a leading provider of affordable and flexible insurance solutions. Their approach—a blend of online, call, and in-person services—has made them a preferred choice for many consumers. The company emphasizes strong corporate support and a proven, low-cost business model for franchisees, making it a reputable option for aspiring entrepreneurs.
For those interested in exploring franchise opportunities with Freeway Insurance, further information can be found at www.freewayfranchise.com. With emerging trends in the personal insurance market, Freeway Insurance is poised for a bright future.
Contact: Rose Carter
SVP, Marketing and Communications
Phone: 1-877-822-3024
Email: [email protected]
This article serves to spotlight Freeway Insurance's exceptional growth and support provided to its franchise partners. The future looks bright for both the company and its stakeholders as they continue their commitment to outstanding insurance services and expansion.