Profitable $5M Insurance Agency in Harlingen, Texas

Book Description

This established insurance agency, located in Harlingen, Texas, offers a balanced mix of 70% personal lines and 30% commercial lines, covering a range of risks including homeowners, auto, duplexes, retail offices, general liability, and contractors. With a book of business valued at approximately $5 million and a 2024 revenue of $562,000, the agency has built a strong reputation and a loyal customer base, reflected in its high retention ratio of 85 – 90%. The agency partners with top carriers such as Progressive, Travelers, Safeco, Geico, Guard Insurance, and Atlas General, ensuring comprehensive coverage options. Operating from a duplex, the agency attracts a diverse clientele, including both English and Spanish-speaking customers, and generates new business primarily through word of mouth, referrals, and its website. The owner is seeking to retire, presenting a valuable opportunity for a new owner to acquire a well-established and profitable insurance agency.