We Insure

Insurance
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Franchise 500 2023
2024 Franchise 500 Rank
N/R Ranked #474 last year
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Initial investment
$44K - $124K
Units as of 2022
192 Increase 104.3% over 3 years

We Insure is an independent insurance firm that is headquartered in Jacksonville, Florida. Established in 2009, We Insure has hundreds of agencies in 34 states nationwide.

This insurance company specializes in offering back end support as you work on the front end to minimize your sales processes' distractions and obstacles. We Insure offers most insurance lines from home, auto, business, health, and life insurance. With a strong presence in multiple markets, this company guarantees the best fit for your customers. We Insure is a top option for insurers looking to start an insurance business.

Why You May Want to Start a We Insure Franchise

We Insure is committed to eliminating all non-revenue generating processes from the agent, giving them ample time and space to focus all of their energies on quoting, selling policies, and catering to customers. The support structure, superior technology, and company culture are all desirable, enabling the brand to perform beyond average industry benchmarks. Their corporate management team has years of experience and many relationships built on trust.

Consistent high performance has helped the company gain awards and achievements in the insurance industry, making it renowned as a leader in innovation. It has recently made Entrepreneur’s Franchise 500 ranking, which is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

We Insure strives to provide excellent customer care service that handles complaints and queries effectively so that you can deal with the essential parts of the business. You can also take advantage of the networking systems of We Insure’s agents in order to get more referrals and advice when needed.

What Might Make We Insure a Good Choice?

To become a We Insure franchisee you should make sure you're financially ready for an initial investment, including a franchise fee and other potential startup fees. These fees cover the marketing, equipment, and training you will need to undertake operations in your new capacity as a franchisee with the company. Veterans may receive a discount if they choose to open a We Insure franchise. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

It may be wise to speak with a financial planner and an attorney as you explore the possibility of franchising.

How to Open a We Insure Franchise

You can start a We Insure franchise as an agent or agency, depending on the capital on hand and your previous experience. An ideal franchisee is someone with sales experience, knowledge of the insurance world, and business prowess. 

Submit an inquiry with We Insure to learn more about the franchise opportunity and see if you'd be a good fit with the company. If all progresses well during interviews and various background checks, you may pay your investment and begin training to operate your We Insure franchise. 

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Company Overview

About We Insure

Industry Financial Services
Related Categories Insurance
Founded 2009
Parent Company PEAK6
Leadership Andy McGuire, CEOs
Corporate Address 1300 Sawgrass Corporate Pkwy., #300
Sunrise, FL 33323
Social Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since 2009 (15 years)
# of employees at HQ 500
Where seeking

This company is offering new franchises throughout the US.

# of Units 192 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a We Insure 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 Information Circle
$25,000 - $50,000
Initial Investment Information Circle
$44,445 - $124,445
Cash Requirement Information Circle
$30,000 - $75,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
Varies
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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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 We Insure offers in-house financing to cover the following: franchise fee
Third Party Financing We Insure has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

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

On-The-Job Training Ongoing
Classroom Training 80 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where We Insure landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022