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American insurance agency

Freeway Insurance
Freeway Office Norwalk
IndustryInsurance
Founded1987; 37 years ago (1987)
HeadquartersHuntington Beach, California, United States
Number of locations503
Key peopleCesar Soriano (CEO)
Number of employees2,000
ParentConfie
Websitehttps://www.freeway.com/

Freeway Insurance Services America, LLC, or Freeway Insurance, is an American insurance agency with over 500 retail locations in the United States. The company sells primarily non-standard auto insurance, which is required for new and higher risk drivers. The company's headquarters is in Huntington Beach, California.

History

Freeway Insurance was founded in 1987 by Kelly Turton in Orange County, California. Initially, the company’s focus was private passenger automobile insurance, which was then acquired by Westline Corp., which was then acquired by Confie, one of the largest privately held insurance brokers in the United States and a portfolio company of private equity firm ABRY Partners, in 2008. Freeway Insurance has expanded through acquisitions made by Confie, including Colyer Insurance, DeFranco Insurance, CW Baker Insurance, and Lewiston Insurance.

In 2021, Freeway Insurance became a sponsor for Trackhouse Racing Team’s No. 99 Chevrolet Camaro, driven by Daniel Suarez in the NASCAR Cup Series. Freeway Insurance has also partnered with the California DMV to register and document vehicles.

In April 2021, Alliant insurance agreed to buy Confie, which includes Freeway Insurance.

Operations

Freeway predominantly sells within the non-standard auto insurance market. As of 2020, it sells home owners and renter’s insurance, health insurance, and motorcycle insurance. Freeway Insurance also provides insurance to high-risk drivers with poor driving records. There are 503 Freeway Insurance locations in the United States, with retail offices in 22 states.

Since 2008, Freeway Insurance has operated in English and Spanish, and nearly 50% of its customers identify themselves as Hispanic or Latino. Freeway reports that nearly 70 percent of their insurance agents are multilingual. Freeway predominantly sells within the non-standard auto insurance market. In June 2024, Freeway Insurance announced an Excellent Rating on Trustpilot Globally Recognized Customer Review Platform. which is Trustpilot's highest recognition for customer satisfaction based on over 2,700 customer experience reviews.

In 2021, Freeway Insurance announced they would begin offering franchise opportunities to further develop their retail locations in the United States, In May 2024, Freeway had opened 31 locations, including: 17 in California, four locations in Florida, and Georgia and Tennessee have two units and Illinois, South Carolina, and Colorado have one each. Freeway offers franchise locations to Veterans at a discount. In Aug 2024, they expanded with six new franchises in Florida, Georgia, Tennessee and California.

Sponsorships

Freeway NASCAR Sponsorship

In 2021, Freeway Insurance began a motorsports sponsorship with a partnership with Trackhouse Racing and NASCAR driver Daniel Suárez. In February 2022, Freeway Insurance announced it would be the primary sponsor of Daniel Suárez for five events during the 2022 NASCAR Cup Series.

Freeway Insurance has also been an official partner of the LA Galaxy Major League Soccer team since 2021. In 2024, the company expanded its partnerships to include LAFC, Chicago Fire, and Houston Dynamo.

References

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  2. "Number of Freeway Insurance locations in the United States in 2021". ScrapeHero. Retrieved August 2, 2021.
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  5. "Orange County D.A.'s office is doing debt collectors' dirty work". Los Angeles Times. December 2, 2014. Retrieved June 4, 2021.
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  14. Staff, Speedway Digest (April 6, 2021). "Freeway Insurance Joins Trackhouse Racing". www.speedwaydigest.com. Retrieved June 4, 2021.
  15. "Daniel Suarez and Pitbull's Trackhouse Racing Bags Another Sponsor for the 2021 NASCAR Season". EssentiallySports. April 8, 2021. Retrieved June 4, 2021.
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  17. ^ 2021-04-21T14:51:00 (April 21, 2021). "Alliant agrees deal to buy personal lines intermediary Confie from Abry". The Insurer. Retrieved August 2, 2021.{{cite web}}: CS1 maint: numeric names: authors list (link)
  18. USPTO. "FREEWAY INSURANCE - Freeway Insurance Services, Inc. Trademark Registration". USPTO.report. Retrieved June 4, 2021.
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  21. "Number of Freeway Insurance locations in the United States". ScrapeHero. Retrieved June 4, 2021.
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  24. "Freeway Insurance Franchise Information". Entrepreneur. Retrieved May 11, 2022.
  25. "Freeway Insurance Franchise website". Freeway Insurance Franchise. Retrieved October 24, 2024.
  26. admin (August 19, 2024). "Freeway Drives Six New Franchises in Southeast, California". Insurance Journal. Retrieved December 4, 2024.
  27. "Freeway Insurance Extending Partnership with Daniel Suarez, Trackhouse Racing". TobyChristie.com. February 3, 2022. Retrieved May 11, 2022.
  28. LAFC. "Club Partners". LAFC. Retrieved December 4, 2024.
  29. chicagofirefc. "Official Chicago Fire FC Website". chicagofirefc. Retrieved December 4, 2024.
  30. chicagofirefc. "Official Chicago Fire FC Website". chicagofirefc. Retrieved December 4, 2024.
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