AmeriPlan vs Veronica's Insurance Franchise Comparison

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

Start-Up Costs and Fees

 
AmeriPlan Franchise
Veronica's Insurance Franchise
Investment N/A$23,700 - $201,600
Franchise Fee N/A$25,000
Royalty Fee -15%/25%
Advertising Fee -2%
Year Founded 19922019
Year Franchised 19922020
Term Of Agreement one year-
Term Of Agreement one year-
Renewal Fee --


Business Experience Requirements

 
AmeriPlan Franchise
Veronica's Insurance Franchise
Experience --

Financing Options

 
AmeriPlan Franchise
Veronica's Insurance Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
AmeriPlan Franchise
Veronica's Insurance Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
AmeriPlan Franchise
Veronica's Insurance Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About AmeriPlan

Is the high cost of quality health care getting you down? Are you one of the 58 million uninsured Americans with no health coverage? Look no further… it is now possible to access affordable dental, vision, prescription, chiropractic and medical plans for your entire household.
Use. Save. Share. Since 1992 AmeriPlan has been saving its members and IBO's millions of dollars each year while paying its IBO's millions of dollars each year in commissions, overrides and bonuses. AmeriPlan is a business built on a foundation of "Saving Money" and "Making Money" for its customers and business partners.AmeriPlan offers a unique opportunity to those who choose to pursue time, lifestyle and financial freedom through one of the nation's finest home-based business models. Inexpensive and easy to begin, inexpensive and easy to maintain, AmeriPlan Independent Business Owners may start on a full-time or part-time basis and can grow their current income and future income as fast and as large as they wish.

About Veronica's Insurance

"Veronicas

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.