Question 1

How many Freeway Insurance franchise locations are there?

Accepted Answer

Freeway Insurance currently has 606 total units, including 33 franchised locations and 573 company-owned locations.

Question 2

Is the Freeway Insurance franchise system growing or shrinking?

Accepted Answer

Freeway Insurance has experienced positive net growth of +7.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +8.9%.

Question 3

What is the franchise vs. company-owned ratio for Freeway Insurance?

Accepted Answer

Freeway Insurance has a franchise ratio of 5%, meaning 5% of all units are franchisee-owned. This indicates significant company ownership of units.

Question 4

How many Freeway Insurance franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Freeway Insurance had 14 units opened and 0 units closed.