Question 1

How much does it cost to open a Freeway Insurance franchise?

Accepted Answer

The total initial investment for a Freeway Insurance franchise ranges from $35K to $84K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Freeway Insurance franchise fee?

Accepted Answer

The initial franchise fee for Freeway Insurance is $25K.

Question 3

What are the net worth requirements for a Freeway Insurance franchise?

Accepted Answer

Net worth requirements for Freeway Insurance are specified in the Franchise Disclosure Document.

Question 4

Does Freeway Insurance require a personal guarantee?

Accepted Answer

Yes, Freeway Insurance requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Freeway Insurance franchise?

Accepted Answer

Equipment costs for a Freeway Insurance franchise range from $4K to $6K. Initial inventory costs range from $500 to $1K.