Compass Insurance - Franchise
Quick Summary
Auto & Home insurance is a $156 billion industry which is primarily controlled by captive agents like Allstate, State Farm, and Nationwide. However customers increasingly want choice to mimic their experiences from Amazon, Expedia, and Kayak. Compass provides state of the art technology and product choice to provide a Kayak style experience.
*Please contact "Compass Insurance" to confirm the accuracy of any information provided on this page.
Compass Insurance
Business Cost, Fees & Facts for 2024
| Minimum Cash Required | $80,000 | |
| Total Investment | $50,000 - $150,000 |
Available In These States:
- IL
- IN
- MI
- OH
- Overview
Overview
Compass Insurance - Franchise
There is a $156 Billion marketplace of preferred auto and home insurance customers, primarily written and serviced by agents. Of that, roughly 60% of that market is controlled by captive agents. However, customers increasingly want choices such as Amazon, Expedia, Kayak, and Netflix that shape the buying habits of consumers. Auto and Home insurance is subject to the same stressors as other markets, which requires agents to make investments into their value proposition.
Agency Owners Focus Areas:
- Technology - State of the art technology will allow your agents to be efficient while on the phone.
- Marketing - Compass has built an intuitive automated cadence ensuring crucial follow up on leads.
- Training - Compass has an extensive 6-week training program supported by an on-line proprietary knowledge base.
- Recruiting - Compass has proven methods on how to attract the best talent, including structured interview questions and candidate scoring.
- Managing - Compass has proven management systems to hold your staff accountable
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