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The 4 Best Insurance Franchises (Updated Rankings)
Franchise Chatter
July 18, 2024
The insurance industry’s job is to protect customers against the uncertainties of the future. It fills a similar role for business owners and investors, as it’s generally regarded as a safe sector with slow, steady growth. Being a necessary service and a stable investment, the insurance industry has flourished, and now employs over 2.9 million people.
Estrella Insurance
Estrella Insurance has received a lot of criticism lately for its blatantly sexist ads in Miami for its insurance services, but it doesn’t seem to be holding back the chain’s growth at all, even though its latest ads that were plastered all over Miami-Dade Transit buses have now been completely removed due to the backlash.
This company offers a variety of insurance policies to cover autos, motorcycles, boats, homes, rentals, health (indemnity plans, HMO, POS, PPO, and HAS), and businesses (commercial automobile, general/business liability, business owner policy, commercial/business property, professional liability, worker’s compensation). It works with more than 30 different carriers. Like Pronto and Fiesta, Estrella focuses especially on the Latino market.
Founded by Nicolas Estrella in Miami in 1980 but only franchising since 2008, the number of locations has grown steadily in recent years to the current total of 180 (up from the previously reported total of 175), of which none are company-owned and all are located in the US.