$6.6M Allstate Book in Coastal Rhode Island, 89% Retention

Allstate Southeastern Rhode Island / Newport County

About This Agency

Exclusive Allstate personal-lines agency in Tiverton, Rhode Island, with $6.6M in 12-month written premium across 3,135 policies. The book is anchored by Standard Auto (51%) and Homeowners (41%). Policy retention has held between 88.9% and 90.7% since 2023, and policies older than five years retain at 90.4%. The 24-month adjusted paid loss ratio is 32.87%.

Financial Overview

Price
$1,250,000
Premium
$6,599,138
Annual Revenue
$649,716
Expenses
$435,075
Policies In Force
3,135
Retention Ratio
89.00%
Loss Ratio
36.00%

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