Why Goosehead Insurance Franchise?

1
How does Covered by SAGE compare to Goosehead
Insurance?
2
Who are they?

• Goosehead Insurance

• Covered by SAGE

• Goosehead insurance franchise is an extension of
  a traditional agency
• Their disruptive technology is simply salesforce.
• Goosehead is appointed with over 80 carriers
  nationally and provides a vast range of options
  for their clients.
• they only focus on personal lines like home, auto
  and renters

• SAGE is a newcomer to the insurance industry and
  started as a technology company
• They developed a proprietary plug-and-play
  technology that is easy to use and free
  for their agents
• SAGE is currently appointed with over 30 carriers
  and operate out of Georgia with plans to expand
  throughout the east cost
• They allow agents to sell all lines of insurance
  like commercial, personal, life, and health
  insurances.

3
Where do they operate and how many carriers?

• Goosehead Insurance Franchise

• Covered by SAGE

• 80 carriers nationally
• Operate on personal lines such as Home, auto and
  renters

• Newcomer to the industry and has appointed over
  30 carriers
• Operates only outside Georgia, plans to expand
  throughout east coast
• Sell all lines of insurance which include
  personal, commercial, life and health insurance.

4
How do the agents earn money?

• Goosehead

• Covered by SAGE

• Commission split basis
• 80 commission on new policies, and
• 50 commission on renewals

• Commission split basis
• Upto 95 commission (depending on gross premiums)
  on new policies and 
• 50 on renewals
• 60-40 split on new business
• 40-60 on renewals for commercial lines.

5
How do the two platforms earn money?

• Goosehead Insurance

• Covered by SAGE

• Upfront franchisee fee ranging anywhere from
  20,000 to 60,000 based on their state of
  operation.
• Out of pocket fees as mentioned in the contract
• Retail costs 
• Minimum royalty of 1000 per month.

• No upfront franchise fee is required.
• Technology provided is free of cost for the
  agents
• 2500 upfront as onboarding fees 
• 250 per month from the 7th month
• No retail cost is required as investment
• Earnings from commission split and onboarding
  fees
• SAGE success is directly tied to their agents

6
Similarities between the two

• Remote servicing teams 
• Quoting from different carriers and 
• Lucrative commission split

7
Differences between the two

• Goosehead Insurance

• Covered by SAGE

• Goosehead runs a franchise model
• Gooseheads disruptive technology is simply
  salesforce
• They allow their agents to only sell personal
  lines insurance like home and auto
• Initial fee and investment required for agents 
• Additional out of pocket fees are detailed in the
  contract. 

• SAGE is an insurance brokerage platform
• Covered by SAGE developed proprietary
  plug-and-play technology that is easy to use and
  free for their agents.
• SAGE agents enjoy the benefit of selling in all
  lines of business 
• No initial fee or investment required for
  agents. 
• No hidden charges for agents

8
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