Mission Benefits vs Veronica's Insurance Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mission Benefits vs Veronica's Insurance including start-up costs and fees, business experience requirements, training & support and financing options.

Company Overviews

About Mission Benefits

Respond to today's growing healthcare dilemma with a business opportunity that makes real sense. Mission Benefits is a leading employee benefits company that provides advanced solutions to employers at firms with two to fifty employees-companies that are seeking to control and lower costs without decreasing the level of the medical benefits they provide employees. According to Dunn and Bradstreet, the state of California has close to one million small businesses.

About Veronica's Insurance

Veronica’s Insurance is an insurance agency and brokerage that provides insurance products and services in the fields of property, casualty, vehicle, home, boat, RV, business, commercial, and renter’s insurance. Veronica’s Insurance offers two types of individual unit Agency franchises: an agency employing up to two agents providing services from a professional office; and a retail agency employing multiple Agents from a retail location.Veronica’s Insurance permit their Retail Agencies to operate from a stand-alone location or a location that is co-branded as a Toro Taxes and operated in accordance with our Co-Branding Addenda. They also offer area development franchises for the development of multiple Agencies and a conversion program for qualified owners of existing insurance agencies.

 - Servicing the fastest growing population base in the country… the Latino population

- An established and recognized brand in the industry 

- Competitive low investment costs and fees 

- A business that is desired to thrive in any economy 

- Year-round franchisee support

- Year-round customer service call center for your clients

The initial investment necessary to begin operation of an Office Agency under a franchise agreement ranges from $23,700 - $50,500. This includes $14,000 to $18,500 that must be paid to Veronica’s Insurance or its affiliates.

The initial investment necessary to begin operation of a Retail Agency under a franchise agreement ranges from $51,450 to $111,600. This includes $32,850 to $34,350 that must be paid to Veronica’s Insurance or its affiliates.

The initial investment necessary to begin operation of an Agency under a multi unit development agreement depends on the number of Agencies that you are authorized to develop and ranges from $90,450 - $201,600. This includes $25,000 that must be paid to Veronica’s Insurance or its affiliates for your first Agency and a development fee of $10,000 for each additional Agency that you are authorized to establish under the multi-unit development agreement.