About Freeway Insurance Franchise
Freeway Insurance is a retail insurance agency franchise that has been franchising since 2022, backed by its parent company Confie Holding II Co.
The brand specializes in making auto, home, commercial, and life insurance accessible and affordable, particularly for underserved communities and Spanish speaking customers.
Each location offers personalized policy comparisons across multiple carriers.
Freeway Insurance Franchise Cost & Fees
Minimum Investment
$61K
Average Investment
$87K
Maximum Investment
$113K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $15,000 | One-time payment upon signing |
| Royalty Fee | 15% of Freeway Policy Commissions of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 5% of Total Revenue (currently 2%) | National brand fund |
| Total Investment Range | $61,000 – $113,060 | Includes build-out, inventory, working capital |
The investment range of $61K–$113K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (15% of Freeway Policy Commissions) and marketing fee (Up to 5% of Total Revenue (currently 2%)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Fee (2) | $15,000 | $15,000 |
| Leasehold Improvements (3) | $14,000 | $33,660 |
| Fixtures, Furnishings & Equipment (4) | $3,800 | $7,300 |
| Signage (5) | $8,000 | $13,000 |
| Computer System (6) | $6,700 | $9,000 |
| Rent, Security Deposits and Utility Deposits (7) | $2,100 | $3,200 |
| Business Licenses & Permits (8) | $400 | $2,700 |
| Professional Fees (9) | $500 | $5,000 |
| Training Expenses (10) | $500 | $2,500 |
| Insurance Deposit (11) | $200 | $900 |
| Initial Inventory of Operating Supplies | $300 | $700 |
| Grand Opening Advertising (12) | $500 | $3,000 |
| Additional Funds (13) | $9,000 | $17,100 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 75% of then-current Initial Fee (for non-current franchisee, or $2,500 for minority interest transfer) |
| Renewal Fee | $5,000 per successor term |
| Technology Fee | Up to $1,000 per month per user (currently $650 for one user, plus $300 for each additional user) |
| Audit Fee | Currently $0 (then-current fee as incurred) |
| Freeway Ancillary Product Payments Retained by Us | 15% of Freeway Ancillary Product Payments (for new brokerages) |
| Franchisee Expenses | Pro-rata portion of expenses borne by us that relate to your Franchised Brokerage |
| Management Fee | 20% of Total Revenue, plus reimbursement of expenses |
| Insurance | Premium cost, plus administrative costs of 18% |
| Supplier/Product Evaluation | Our testing costs |
| Taxes | Amount of tax |
| Fees for Leads | Varies based on location of lead and type of lead |
| Advertising Cooperative | Reasonable cost, currently $0 |
| Costs and Attorneys’ Fees Associated with Enforcement or Collection | Our costs and expenses |
| Additional Training | Currently $350 per day, plus all travel, wages, and room and board for your attendees |
| Additional On-Site Training | Currently $350, per trainer, per day, plus all travel, wages, and room and board for the trainers |
| Relocation Fee | 10% of the then-current initial franchise fee for the start-up Franchised Brokerage |
| Convention Fee | $600 per attendee, plus all travel, wages, and room and board for your attendees |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 50 hours |
| Classroom Training | 50 |
| On-the-Job Training | 0 |
| Training Location | Online/virtual training portal, or in-person in Huntington Beach, CA or another location we designate |
| Additional Training | Currently $350 per trainer, per day, plus all travel, wages, and room and board for your attendees |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive Protected Area |
| Exclusive Territory | No |
| Description | A designated geographic area (the “Protected Area”) where the franchisor will not operate another Freeway Brokerage or grant a license to a third party to do so, as long as the franchisee is not in default. There is no minimum Protected Area size granted. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | five years |
| Renewal Term | three (3) successive additional five-year renewal terms |
| Renewal Fee | $5,000 per successor term |
| Renewal Conditions | You must give timely notice (6-12 months prior to expiration), sign the then-current franchise agreement (which may differ materially), execute a general release, not be in default, demonstrate the right to occupy the approved premises for the renewal term, pay the renewal fee, meet current franchisee qualifications and training requirements, and refurbish the brokerage to current specifications. |
| Transfer Fee | 75% of then-current Initial Fee (if transferee is not a current franchisee) or 50% (if transferee is a current franchisee); $2,500 for minority interest transfers. |
| Transfer Conditions | Transfers require prior written approval. Conditions include: transferee meeting franchisor's current standards (licensed, managerial/business standards, good moral character, not a competitor, complies with training), commercially reasonable transfer price, all franchisee obligations satisfied, all transferee obligations satisfied, franchisor approval forwarded, transferee requests FDD, transferee executes then-current franchise agreement, transfer fee paid, franchisee executes general release, transferee and personnel complete initial training, and franchisee purchases an Errors & Omissions tail policy. |
| Termination for Cause | The franchisor has the right to terminate the agreement with or without an opportunity to cure. Automatic termination occurs for bankruptcy or unauthorized transfer. Termination with notice and no opportunity to cure can occur for felony conviction/criminal misconduct, fraud, misrepresentation in application, failure to complete initial training, material breach of other agreements, two or more notices to cure within 12 months, misuse of Proprietary Marks/Confidential Information, violation of safety laws, levy/writ of attachment not released in 30 days, insolvency, abandonment, offering unauthorized products/services, purchasing from unapproved vendors, failure to maintain insurance, violation of insurance industry laws, personal use of brokerage/client assets, failure to comply with Section 13(d), relocation without consent, causing loss of carrier contracts, failure to submit financial reports, adverse conduct, failure to commence operations within prescribed time, or misuse of proprietary software. |
| Non-Compete Period | two (2) years immediately after the Term |
| Non-Compete Details | During the term, the franchisee and guarantors cannot directly or indirectly engage in any competitive business, except for owning 2% or less of publicly traded equity securities in a competitive business. Post-term, for two years, they cannot engage in any competitive business or any insurance-related business within a 25-mile radius of the former Approved Location or any other franchisee/company-owned brokerage. Additionally, for two years post-term, they cannot solicit clients or referral sources of the franchisor or any franchisee. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The “Controlling Interest” must have the right to control the operations of your Franchised Brokerage. A Brokerage Principal Operator, who must be licensed, complete all required training, be approved by the franchisor, serve as the primary contact, and have authority for business decisions, must supervise the brokerage. This operator must also hold at least a 5% ownership interest in the entity. |
| Required Suppliers | Computer System (including required telephone system) and copiers. CAS and SSBCC are the sole Approved Suppliers of the services provided through the Shared Services Center. Franchised Brokerages must also purchase desks, chairs, indoor signage, and miscellaneous reception area and back-office furniture from Approved Suppliers. |
| Supply Restrictions | You must purchase the Computer System and copiers only from us. You are required to purchase certain items only from Approved Suppliers, including us, our affiliates, and/or third parties. We reserve the right to designate Approved Suppliers for other products and services in the future. |
| Franchisor Revenue from Suppliers | None in 2021 as there were no franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We will not guarantee your note, lease, or other obligation. |
Freeway Insurance Franchise Earnings — Item 19
Average Revenue
$245K
Median Revenue
$200K
Revenue Range
$19K – $940K
Sample Size
294 units
Past financial performance does not guarantee future results. Individual results will vary.
Freeway Insurance Litigation & Risk Flags
Clean Litigation RecordFreeway Insurance has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Freeway Insurance System Growth
Total Units
492
Franchised
0
Company-Owned
492
Freeway Insurance currently operates 0 franchised locations and 492 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 43 | 19 | 498 |
| 2020 | 26 | 46 | 478 |
| 2021 | 29 | 15 | 492 |
Transfers: 0 | Closures: 15
Public Figures (Item 18)
The following public figures are associated with this franchise: Daniel Suarez
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
0
Net Income
$-261,310
Total Assets
$223K
Audited by BARRY KNEPPER CERTIFIED PUBLIC ACCOUNTANT for year ending December 31.
Freeway Insurance Franchise — FAQ
The total investment to open a Freeway Insurance franchise ranges from $61,000 to $113,060, per their Franchise Disclosure Document. This includes the initial franchise fee of $15,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Freeway Insurance charges a royalty fee of 15% of Freeway Policy Commissions of gross sales, plus a Up to 5% of Total Revenue (currently 2%) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Freeway Insurance Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Freeway Insurance to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Freeway Insurance franchise owners report average revenue of $245K and median revenue of $200K. This is based on a sample of 294 units. Past performance does not guarantee future results.
Freeway Insurance has been franchising since 2022. The FDD shows an investment range of $61,000-$113,060, a 15% of Freeway Policy Commissions royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $15,000 and the total investment ranges from $61,000 to $113,060 depending on location size and market. A minimum of $17,100 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Freeway Insurance and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Freeway Insurance or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com