Allstate Agency in Western/Central Maryland

Allstate Western/Central Maryland

About This Agency

P&C binding authority in West Virginia, Maryland, and Pennsylvania. This well-established insurance agency has served its community for over 50 years and has consistently grown its book of business year after year. Recognized as Best in Company in 2006, the agency has a strong reputation for performance and customer loyalty. Located in fast-growing markets within close proximity to Washington, D.C., the agency is well positioned for continued long-term growth. The operation is supported by four experienced staff members and generates approximately $500,000 in revenue on $5.6M in written premium, with 3,125 policies, a VC of 45, and an impressive 89.16% retention rate.

Financial Overview

Price
$999,999
Premium
$5,600,000
Annual Revenue
$500,000
Expenses
$255,970
Policies In Force
3,125
Retention Ratio
89.16%
Loss Ratio
40.41%

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Justin Slocum

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