Question 1

Does Goosehead Insurance Agency franchise offer exclusive territory?

Accepted Answer

Goosehead Insurance Agency offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Goosehead Insurance Agency franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Goosehead Insurance Agency is 10 years. Franchisees may renew up to 2 times for 10-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for Goosehead Insurance Agency franchise?

Accepted Answer

The Goosehead Insurance Agency franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Goosehead Insurance Agency franchise?

Accepted Answer

Yes, Goosehead Insurance Agency allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $50,000 applies.