GlobalGreen Insurance vs Veronica's Insurance Franchise Comparison

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

Start-Up Costs and Fees

 
GlobalGreen Insurance Franchise
Veronica's Insurance Franchise
Investment $36,000 - $74,000$23,700 - $201,600
Franchise Fee $10,000$25,000
Royalty Fee -15%/25%
Advertising Fee -2%
Year Founded 20072019
Year Franchised 20072020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
GlobalGreen Insurance Franchise
Veronica's Insurance Franchise
Experience --

Financing Options

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

Training & Support

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

Expansion Plans

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

Company Overviews

About GlobalGreen Insurance

  • "GlobalGreen
  • Access to competitive nationwide and regional insurance markets   
  • Personal lines property & casualty
  • Commercial lines property & casualty
  • Individual life & health products
  • Group life and health products
  • Group property & casualty products
  • Access to the premier agency management system
  • Integrated customer resource management and financial modules
  • Brand Identity
  • Selling under the GlobalGreen Insurance Agency moniker
  • Inclusion in a pro-rata contingency bonus plan
  • Increased agency value
  • Discernible brand identity increases agency value
  • Vendor discounting
  • Additional revenue generating opportunities


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.