Independent Insurance Agencies valuation

How Much Is An Insurance Agency Worth?

Insurance Agencies typically sell for 8-12x EBITDA on platform deals. Value is set by your normalized earnings times a multiple, and the multiple is driven by size, recurring revenue, licensing, and how much the business depends on you.

By Mark Gabrielli, WETYR Operator. Reviewed for accuracy and last verified July 27, 2026.

Insurance Agencies are typically worth 8-12x EBITDA on platform deals. On $500K - $10M of revenue we usually see $150K - $2.5M of normalized owner earnings (SDE or EBITDA), and that earnings figure is multiplied by the range above. The exact number depends on the value drivers below. Send your figures and we will give you an indicative range within a day.

Insurance Agency selling multiple: 8x to 12x Insurance Agency typical selling multiple 8x to 12x 0x 15x earnings
Basis: 8-12x EBITDA on platform deals. Applied to normalized SDE or EBITDA, not revenue.
8-12x EBITDA on platform deals
Typical multiple
$150K - $2.5M
Owner earnings band
$500K - $10M
Revenue range we buy

How insurance agency valuation works

Valuation starts with normalized earnings, not revenue. We take your profit-and-loss, add back owner compensation above a market replacement, one-time costs, and personal expenses run through the business, and arrive at SDE or EBITDA. That earnings number is multiplied by a range that, for insurance agencies, runs 8-12x EBITDA on platform deals. Revenue matters only as far as it turns into transferable earnings; two insurance agencies with the same revenue can be worth very different amounts.

What moves an insurance agency's multiple

Pushes the multiple up

Renewal commissions, E&O insurance, sticky books. Recurring or contracted revenue, low customer concentration, a team that runs without you, clean books, and current licensing (State insurance license, E&O insurance) all push toward the top of the range.

Pulls it down

Heavy owner dependence, messy or cash-based books, one customer over 20 percent of revenue, expired or non-transferable licenses, and deferred equipment or facility investment.

Who buys insurance agencies and what they pay

Private equity platforms and strategic consolidators (Hub International, Acrisure, OneDigital, BroadStreet Partners, Patriot Growth) are the loud buyers, but they screen hard, move slowly, and re-trade at diligence. License, recurring commissions (renewals), aggregator roll-up wave WETYR is the operator alternative: we buy insurance agencies directly to run them, so we can move quickly, keep it confidential, and pay a fair, certain number without a marketed auction.

How the three buyer types compare for insurance agencies.
Factor WETYR (operator-buyer) PE platform Individual buyer
Typical offer basis8-12x EBITDA on platform dealsHighest headline numberFinancing-dependent
Time to close30 to 75 days6 to 12 months3 to 9 months
Stays confidentialYes, no public listingCommittee and advisors see itUsually broker-marketed
Fees to you$0, we buy as principalBroker 8 to 12% if listedBroker 8 to 12%
Re-trade risk at diligenceLowHighMedium to high
Who runs it after closeWETYR operates itInstalls their own teamNew owner learns the business

What your insurance agency is worth

The ranges on this page are the market; your number is specific to your books. The fastest way to know it is to send your revenue and normalized earnings and let us return an indicative range, with no obligation and nothing public. That is more accurate than any multiple table, because it reflects your actual recurring revenue, concentration, and owner dependence.

Get a confidential valuation

Tell us a little about your insurance agency. We reply with an indicative value range and whether we are a direct fit, within one business day. No obligation, no listing, nothing public.

Insurance Agency valuation FAQ

What is an insurance agency worth?

Most insurance agencies trade at 8-12x EBITDA on platform deals. The number that matters is your normalized owner earnings (SDE or EBITDA after adding back one-time and owner-specific costs), multiplied by a range set by size, recurring revenue, licensing, and how dependent the business is on you. On roughly $500K - $10M of revenue we typically see $150K - $2.5M of earnings. Send the numbers and we will give you an indicative range within a day.

How long does it take to sell an insurance agency?

A direct sale to WETYR can close in 30 to 75 days because there is no listing, no broker marketing cycle, and no auction. A brokered or PE-marketed process usually runs 6 to 12 months and puts your confidential financials in front of dozens of strangers. Location does not change the mechanics; readiness of your books does.

Do I have to list my business publicly to sell it?

No. That is the single biggest fear owners raise, and the reason many never start. WETYR buys directly and privately. Your staff, customers, and competitors do not find out unless and until you decide to tell them. Nothing goes on BizBuySell, no sign goes up, no teaser circulates.

What does WETYR charge to sell my insurance agency?

When we buy directly, you pay us nothing; we are the principal, not a broker taking 8 to 12 percent of your proceeds. When we advise on a sale to a third party, fees are agreed up front and disclosed in writing. Either way you know the economics before anything moves.

What makes an insurance agency sell for a higher multiple?

Renewal commissions, E&O insurance, sticky books. Concretely: recurring or contracted revenue, a team that runs the day-to-day without you, clean books, and current licensing (State insurance license, E&O insurance). We tell you honestly which levers are worth pulling before a sale and which are not worth the delay.

Find out what your insurance agency is worth

Confidential valuation in one business day. No listing, no obligation.

More on selling an insurance agency