SAMPLE LIST of Insurance Agencies for Sale: September 2021

This September 2021, several factors have simultaneously led to continued insurance industry growth. Beneficial legislation, historically low interest rates, and growing numbers of homeowners all contribute to an increased national need for insurance coverage. The average consumer in the United States now owns more assets that need to be insured – this is especially true as more and more millennials take the leap into homeownership.

The M&A market for insurance agencies continues to push upward with the strengthening of multiples, strong activity, and an excellent financial arbitrage by buying, combining, and reselling agencies. The seller’s market for independent agencies is still prevalent and Private Equity continues to be a driver of that strength, with nearly 80% of the larger (over $5MM) reported transactions coming from PE-backed firms.

The listings below are MERELY a selected sample of the current open inventory of independent insurance agencies discovered through our research. We have many more agencies that are ready for qualified buyers. Email us to become a Registered STG Buyer (it’s free)!

SHOP A: Texas: This 27-year-old independent P&C agency is now available for sale. This is a personal lines auto and home shop. Carriers include Apollo, Aspen, Progressive, Gainsco, National Lloyds and more. The agency owner is willing to stay until the end of March 2022. There is also an executive with the seller that is available to continue on should the buyer desire.
Reported Revenue: $212K (50% are fees) / Asking Price: 2.4X Commission + 1.8X Fee Revenue / Tracking Code: STXEH

SHOP B: New York: Here we have an Independent P&C Agency that has been doing business since 2014. This agency gets a lot of walk-in traffic, and the location is important to maintaining the customer base. The agency has one employee who is bilingual and has been with the agency for 2 years. Primary carriers include Safeco, Mercury, National General, Progressive, Foremost, and more.
Reported Revenue: $300K / Asking Price:  2X / Tracking Code: DNYTL

SHOP C: Missouri: An independent P&C agency with a heavy focus on Commercial Trucking Insurance is now for sale. This agency is located south of St. Louis and holds appointments with Travelers, Progressive, Sagamore, Northland, and more. The agency has one long-standing employee who is interested in staying on with the new owner and one of the owners is willing to stay on to assist with the transition.
Reported Revenue: $220K / Asking Price: 2.75X / Tracking Code: DMOIV

Where Do We Find Agencies for Sale?

Springtree Group has a number of trusted sell-side intermediaries and market researchers that find potential opportunities for our registered buyers. We also have a network of consultants, attorneys, CPAs, bankers, DOIs and PEGs. Additionally, some sellers contact us directly about their intention to sell. We are also frequently notified about financing deals that fall through – leaving the agency in question primed and ready for the right qualified buyer. All of these sources allow STG to provide you with the broadest insight available into new buying opportunities in the insurance space.

We highly recommend utilizing one of our lenders; your M&A project will be combined with your financing and will not cost you more money. In fact, financing with Springtree Group proves to be significantly more successful for our buyers.

For information about any of today’s listings and/or to access our full list, reach out to us at When you work with Springtree Group to sell or buy an insurance agency, you have access to the strongest array of M&A and financial tools and services available to support your needs in any part of North America, South America, Europe, Africa, and the Bahamas.