Brightway Insurance

Brightway Insurance

How do I buy my own Brightway Insurance Franchise?

To buy a franchise with Brightway Insurance, you will need to have at least a liquid capital of $30,000. Brightway Insurance charges a franchise fee of $10,000 to $50,000, depending on the franchise model and the state you choose to operate in. Brightway Insurance also offers qualified candidates financing via in-house and 3rd party as well as a discount for veterans (10% off Franchise Fee).*

Total Investment$30,000
Cash Required$30,000
Business TypeFranchise
Target MarketSee List

Explore a recession-proof franchise with a residual income stream.

For over 15 years Brightway has supported entrepreneurs in opening independent insurance agencies. In fact, we originated the insurance franchise model and are one of the fastest-growing franchises in America. Three franchise models provide you with the flexibility to evolve as you grow your agency. With franchise fees as low as $10,000, Brightway offers one of the most affordable franchise models available – in any industry.

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Open a Brightway Insurance in any of these available states: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WI, WV, WY

About

Starting your own independent insurance agency has never been easier

There is plenty of money to be made in the $896 billion property & casualty insurance industry. Brightway’s unique independent agency franchise model offers a low-cost, turnkey solution to entering this recession-proof industry. With Brightway franchise ownership you’ll gain the freedom you crave without the risk of starting an entirely new business. Established in 2008, Brightway is now one of the largest privately owned property & casualty insurance distribution companies in the U.S. with over 350 franchises in 34 states and over $1 billion in annual premium.

Why Brightway Insurance

When you open a Brightway Insurance franchise, you’ll become your own boss - by starting a rewarding and profitable career as an independent insurance agent. In traditional agencies, countless hours are spent servicing accounts for existing customers. But at Brightway, our award-winning team of over 600 experts manage all of your back-office and marketing support.

As a Brightway franchise owner, you’ll also be backed by a carrier relations team dedicated to helping you get appointed with the right insurance brands in your market. And not only will you earn commissions on every new policy you write - you’ll earn additional commission each time those policies renew.

Comprehensive Business Support

Whether you’ve worked in insurance before or are new to the industry, Brightway provides the service and support you need to build a successful business, including:

Training: A comprehensive program that provides you with the knowledge, skills and behaviors that set you up for success at each stage of your growth. No prior insurance experience is required.

  • Marketing and communications support to promote your business and help establish you as the go-to insurance expert in your community
  • Agency development consultants to help you replicate the success of other Brightway agents
  • Insurance-company liaisons to ensure you’re offering the most competitive policies in your market
  • Agency support to answer all of your questions
  • Accounting that provides you monthly Commission Statements accurate to the penny and complete with worksheets you can use to customize compensation if you hire additional sales agents
  • Technology & innovation to make transacting business fast and easy

Our Culture and Core Values

Our Operating Mandate is Win, Win, Win: By constantly focusing on producing a win for our customers and a win for our agency owners, Brightway wins. Creating mutually beneficial outcomes for all is the cornerstone of our financially aligned business model.

And, our decisions are guided by our Core Values:

Smart: We are resourceful, accurate and efficient

Accountable: We do it right or we make it right

Trustworthy: We act with integrity, especially when no one is looking

Ideal Candidate

Brightway's comprehensive support model empowers people from a wide variety of backgrounds to build a profitable business. Whether you have previous experience in the insurance industry or not, our Agency Growth and Development team provides a customized virtual training process to help you thrive. Ideal candidates are honest, patient and focused business professionals who place importance on building and maintaining an excellent reputation in their community. They should be goal-oriented and enjoy selling as well as have the ability to build strong, long-lasting client and referral relationships.

Each Brightway franchise is required to have a Designated Agency Principal (DAP) with an active property & casualty insurance license in the state of your business to run day-to-day operations. This can be the franchise owner or someone else you hire.

If you’re ready to be your own boss and unlock your true earning potential, click below to learn more about Brightway!

 

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