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Updated RecentlyEstrella Insurance vs Allstate Insurance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Estrella Insurance vs Allstate Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $12,250 - $84,000 | $50,000 - $100,000 |
| Franchise Fee | $10,000 - $25,000 | N/A |
| Royalty Fee | 10% - 14% | - |
| Advertising Fee | 7% | - |
| Year Founded | 1988 | 1931 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Equal parts dedicated and driven. Someone who isn't afraid to take risks and turn them into rewards. Someone with a passion for helping people live the good life and building a good life for themselves. Opening an agency takes courage, commitment and compassion. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/- | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 264 hours Classroom Training: 80 hours | - |
| 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 | Access to education and support about our products, sales techniques, productivity tips and marketing tools. To us, that's just good business. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | The support of Allstate's multimillion-dollar national advertising campaigns, plus customizable local marketing and advertising materials - brochures, mailers, emails, etc. - along with your own personalized web page and office signage. |
| Operations | - | You are responsible for hiring your own staff, but Allstate offers tools and resources to help you with the hiring process. Once you formally commit to being an Allstate agent, you'll work directly with your local Field Sales Leader to determine the right number of people you need to start and grow your agency. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Estrella Insurance
For over 30 years Estrella Insurance has provided our customers with exceptional
service and a professional atmosphere. With more than 135 locations in
Florida, California, Arizona, Ohio and soon to be in Texas; we are
dedicated to the continued success of our franchisees. Estrella Insurance Franchise owners
are assisted in every step prior to opening as well as the continual
support from our management staff. Extensive training is provided
periodically to enhance the owner's ability to maximize the income
potential, Estrella Insurance provides operations agency visits. We have developed a
strong relationship with many major insurance companies giving us an
edge above the competition allowing our owners to provide quality to our
clients. In addition, Estrella Insurance provides superior Marketing and Advertising in
both Spanish and English languages including all media such as TV,
radio, outdoor and most importantly the internet, even though our most
successful campaign are referrals from satisfied customers.
Veteran Incentives 10% off franchise fee
#153 in Franchise 500 for 2020.About Allstate Insurance
THIS IS NOT A FRANCHISE
THIS IS A License Opportunity
We are looking for entrepreneurial individuals to represent the Allstate Good Hands promise to our customers as Allstate Exclusive Agents*. As an Exclusive Agent, you will have the opportunity to sell Allstate's wide range of insurance and financial products, such as auto, property, and financial services.
Insurance and other products include:
# Auto, home, life, and business insurance
# Coverage for your mobile home, motorcycle, and boat
# Motor Club and RV Roadhelp Plan
Financial products include:
# Retirement solutions
# Variable annuity and variable universal life insurance
# Mutual funds and IRAs
PUT YOUR FUTURE in GOOD HANDS