Veronica's Insurance

Veronica's Insurance

Auto, life, home, and commercial insurance
Units as of 2020
36 Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$24K - $112K

Interested in opening a Veronica's Insurance?

Company Overview

About Veronica's Insurance

Related Categories
Insurance ,
Founded
2007
Parent Company
Veronica's Insurance
Leadership
Raul Dominguez, COO

Franchising Overview

Franchising Since
2020 (1 years)
# of employees at HQ
320
Where seeking
Franchisor is seeking new franchise units throughout the U.S.
# of Units
36

Franchisor Information

Corporate Address
290 W. Orange Show Rd.
San Bernardino, CA 91739

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Veronica's Insurance franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$10,000 - $25,000
Initial Investment
$23,700 - $111,600
Royalty Fee
15%/25%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Veronica's Insurance offers in-house financing to cover the following: franchise fee
Third Party Financing
Veronica's Insurance has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
35 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
Are exclusive territories available?
Yes

Interested in opening a Veronica's Insurance? We can help you with that!

If you want to know if Veronica's Insurance is the right franchise for you, we’re here to help by providing you with additional information about this business.

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From the Advertiser

THE TOP HISPANIC INSURANCE BROKER

Become today a Veronica’s Insurance Branch, a company with more than 25 years in the Hispanic Market.

25 YEARS IN THE MARKET

The V Group has more than 25 years in the Insurance Market with millions of customers, a solid company.

AUTOMATICALLY APPOINTMENTS WITH CARRIERS

During the years, we’ve developed amazing agreements with the Carriers, this gives us the opportunity to automatically approve your appointment with our carriers.

BETTER COMMISIONS

Becoming a Veronica’s Franchise will give you the opportunity to earn more money thanks to our exclusive agreements with the Carriers.

We have insurances for:

  • Car insurance
  • Life insurance
  • Health Insurance
  • Home insurance
  • Commercial insurance
  • Moto insurance
  • Renters insurance
  • Boat insurance

We’re experts in the Hispanic Market

After 25 years selling insurance to Hispanic clients, you can image how much expertise we’ve developed.

Why our franchise?

  • • Recession-proof business model
  • • Nationwide Tv Network ads
  • • +120M in Premium Written
  • • Top Broker in California
  • • Cross & up-sales in auto, commercial, life and health insurance.
  • • Access to Top Carriers
  • • Fastest-growing market: Hispanics
  • • +25 years in the industry
  • • Marketing is in our DNA: we have a lot of experience creating campaigns for TV & Radio, events and social networks, we combine marketing strategies to reach our clients, connect and most importantly, keep them.

Our partners say:

“I have worked with Veronica’s Insurance for a while now and I can tell you that I had never known a company that maintained such an incredible closeness to the Latino public.”

- José Luis González
Estrella TV

“For us Veronica’s Insurance is not just another client, we consider them strategic partners to reach our largest audiences. We really enjoy working with them.”

Xiomara Villalobos
Univisión

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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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