GreatFlorida Insurance

GreatFlorida Insurance, founded in 1991, is the largest privately held independent insurance franchise network in the state of Florida. Headquartered in Stuart, FL, GreatFlorida has expanded to more than 140 agency locations statewide, with over 30 new offices launched in the past 30 months.

The company operates on an independent-agent model, meaning franchisees are not tied to a single insurance carrier and can offer clients a broad selection of “A‑rated” providers tailored to individual needs. GreatFlorida emphasizes knowledgeable, locally based agents supported by robust carrier relationships, striving to provide personalized, community-rooted customer service.

GreatFlorida franchisees provide a full spectrum of personal and commercial insurance products, including:

• Personal lines: auto, homeowners, renters, boat, umbrella, flood, SR‑22
• Commercial lines: small business, professional liability, commercial auto, workers’ compensation
• Specialty coverage: motorcycles, condos, business policies, and more 

Agents benefit from flexible, commission-based compensation—typically 10–21%, augmented by carrier bonuses—and retain 100% ownership of their client book of business. They have no sales quotas, no life‑insurance requirements, and competitive access to carriers not always available to captive agents. Marketing support is provided via turnkey websites, SEO, social media, and local search tools.

GreatFlorida Insurance stands out for its strategic positioning and proven system:

• Recognized as the #1 Insurance Franchise under $100K on Entrepreneur’s 2025 Top Franchises list, and ranked #30 overall in that segment
• Also featured in the Entrepreneur Franchise 500®, placing #324 for unit growth, financial strength, support, and brand power
• The network continues to expand rapidly—over 140 locations today, with sustained growth into new regional markets
• Franchisees leverage carrier commissions (10–21%) and bonus structures, ownership of their book, and strong brand equity

Additionally, GreatFlorida caters to both new agents seeking structure and captive agents from companies like Allstate or State Farm wanting independence. They offer brand support, marketing tech, and a path to faster profitability.

GreatFlorida seeks motivated individuals who are:

• Licensed (2‑20 P&C with at least 3 years’ experience)—either new independent agents or transitioning captive agents
• Entrepreneurial and community‑focused, capable of shaping and growing a local agency
• Relationship builders, able to deliver personalized service and retain clients across personal, commercial, and specialty lines
• Experienced agents wanting to own their book and gain autonomy via the GreatFlorida system

Examples of successful franchisees include those with backgrounds in customer service, agency ownership, construction, and finance who have thrived under GreatFlorida’s model.

GreatFlorida emphasizes a low barrier to entry:

Initial Investment: under $100,000, earning it placement as a top low-cost franchise option 

Other financial terms include:

• Commission structure: 10–21% of premiums—competitive within the industry 
• Bonuses: payable directly by carriers, supplementing base commissions 
• Ownership: franchisees retain 100% of their generated book of business, with no ongoing fees for Errors & Omissions insurance

GreatFlorida provides comprehensive onboarding and ongoing support:

• Carrier Appointments: pre-negotiated access to local and national “A‑rated” carriers, including GEICO as of early 2025.
• Marketing Suite: turn‑key digital tools—websites, SEO, social media, local listings—designed to generate leads and accelerate growth.
• Technology: integrated systems for client management, quotes, proposals, and agency operations.
• Expert Guidance: mentorship from home-office support, training programs, and guidance for transitions from captive agencies.
• Networking & Events: regular conferences, workshops, peer networks, and professional development.
• Ongoing Agent Support: assistance with agency setup, compliance, continuing education, and marketing initiatives.

This support infrastructure gives franchisees a strong foundation while granting autonomy and ownership.

If you’re contemplating pursuing this franchise opportunity, simply send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.

Disclaimer

The information provided on this page is obtained from sources available freely on the internet. No responsibility for factual inaccuracies should be attributed to Franchise Fame.