Established, high-performing Allstate Exclusive insurance agency serving Newport County, Rhode Island, with extended reach into Providence and Fall River, MA. This turnkey operation includes 3,182 active policies across personal lines (Auto, Homeowners, Renters, Condo, and specialty products) and generates approximately $6.6M in written premium.
The agency stands out for its exceptional retention rate of 89%+, significantly above industry averages, delivering highly predictable and recurring revenue. A best-in-class 31.9% loss ratio further reflects strong underwriting quality and favorable carrier performance, supporting long-term profitability.
This is a fully operational, plug-and-play opportunity. The business includes two experienced, licensed staff members expected to remain post-sale, along with established systems, carrier appointments, and lead generation infrastructure. The seller is providing transition support to ensure a seamless ownership handoff.
Growth opportunities are substantial. The agency benefits from Allstate’s national marketing platform, digital tools, and bonus programs, while offering immediate upside through untapped commercial lines and expanded cross-selling of life and financial services. Recent growth in specialty products demonstrates strong market demand and scalability.
With SBA 7(a) financing available, a lender-ready diligence package, and strong financial fundamentals, this is an ideal opportunity for an owner-operator or expanding agency seeking stable cash flow with clear growth levers.