Press Release

The 5 Most Frequently Asked Questions by Prospective Estrella Insurance Franchisees

When signing on as a new franchise partner – even with an established brand such as Estrella Insurance – it’s important to do your proper due diligence and ask the right questions. Thankfully for prospective Estrella franchisees, we’re well-versed in the kind of in-depth knowledge that franchise candidates seek – and we are always ready to share our insights.

1. How much do I need to open an Estrella Insurance franchise?

Did you know that Estrella Insurance was recently named among the best 30 brands on Entrepreneur’s list of the 2022 Top 100 franchises for less than $50,000? On top of that, Estrella is listed as one of the highest-ranking insurance franchises on the top low-cost list that is produced annually. In fact, with a strong brand identity, excellent franchisee relationships, and a passionate executive team firmly established, Estrella boasts an affordable initial investment that ranges from $12,250 – S84,000 depending on the real estate selected. As an Estrella franchisee, you’ll be joining the leading property and casualty insurance agency franchise that crossed the $500 million mark in system wide premiums for the first time in our company’s storied 40-year history.

2. How did Estrella Insurance get started and where is it going?

Since our inception more than 40 years ago and franchising since 2008, Estrella Insurance has grown into one of the most trusted independent, family-owned and operated franchised insurance agencies. Today, we have more than 175 locations across Florida, California, Arizona, Colorado, and Texas. It’s an established business model, and pandemic and recession resistant because insurance is a non-negotiable commodity with a proven track record of success, especially for multi-unit franchise operators.

If there is one thing that the COVID-19 pandemic has taught us, it is that to operate as a successful franchisee you must have a passion and determination for what you do. We’re also fortunate to provide a great and essential product while possessing strong operations, a core customer base, resilient leadership, and a willingness to serve. In fact, because of the resiliency of our franchisees and the strength of our brand, we expect our strong sales numbers to continue into the foreseeable future.

3. How do I stay competitive? What makes Estrella Insurance different?

Estrella is a leading insurance provider for a reason. At Estrella, being Hispanic owned is something we take immense pride in. As a low-cost, high volume proven concept, Estrella is a business that has become a trusted leader among consumers and insurance companies by providing simple, easy, and cost-effective insurance solutions across our auto, home, commercial, business, life, and health insurance portfolios. Furthermore, and a little more than a decade ago, we made the decision that to help properly scale our franchisee’s businesses, bilingualism would be a key component that would allow them to expand into growing markets and tap into domestic customer bases that had been long neglected. Today, Estrella boasts one of the only completely bilingual franchise concepts across any industry. From our app to our website, marketing materials, franchise development team and inside the four walls of our offices - bilingualism in both English and Spanish has fostered a multicultural workspace that very few franchise brands can claim.

4. What kind of training and support can I expect as an Estrella Insurance franchisee?

At Estrella, you’re not going into it by yourself. All franchise partners complete weeks of classroom and field training to be able to offer insurance solutions to your community. Additionally, franchise business advisors provide support in both streamlining operations and maximizing profitability, while data driven recording tracks key performance metrics throughout the system to identify opportunities for amplified growth. Estrella also provides best-in-class real estate, construction, marketing, and a full-suite of services as franchisees continue to scale their business.

5. What are the keys to success for an Estrella Insurance franchisee?

Estrella Insurance attracts a high caliber franchisee, and they always want to know, “How do I become the best Estrella owner?” What new franchisees always learn is that Estrella has a great system for knowledge sharing and best practices, which is ultimately why someone would choose the Estrella Insurance system in the first place – to be in business for themselves but not by themselves.

For more information on franchise ownership, visit estrellafranchise.com.