SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Insurance Agencies and Brokerages Franchise Failure Rates: SBA Loan Defaults for 3 Brands
Insurance Agencies and Brokerages franchises charged off 5.1% of SBA 7(a) loans approved FY2010–FY2019, versus 10.2% for all franchises and 8.0% for all SBA borrowers. This page tracks 3 brands: default rates ranged from Allstate Insurance Company (3.3%) to Allstate Insurance (4.0%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
How do Insurance Agencies and Brokerages franchises perform on SBA loans?
Across the 3 Insurance Agencies and Brokerages brands tracked here, 254 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 10 were charged off — a pooled rate of 3.9% for these brands against a 5.1% benchmark for all Insurance Agencies and Brokerages franchise loans. 0 brands with 20+ loans ran at more than twice the industry benchmark; 0 brands with 40+ loans recorded zero defaults. Statuses as of June 30, 2026.
- Brands tracked3
- SBA 7(a) loans, FY2010–2019254
- Charged off10
- Pooled rate, these brands3.9%
- Insurance Agencies and Brokerages benchmark (all franchise loans)5.1%
- All-franchise benchmark10.2%
- All SBA borrowers8.0%
- Lowest rateAllstate Insurance Company · 3.3%
- Highest rateAllstate Insurance · 4.0%
Which Insurance Agencies and Brokerages franchise brands have the highest and lowest SBA default rates?
Every Insurance Agencies and Brokerages brand with at least five resolved SBA 7(a) loans, sorted from highest to lowest default rate. Click a column heading to re-sort; use the filter to find a brand.
| Brand | Loans | Defaults | Rate | vs industry avg | Loans since 2020 | Early charge-offs |
|---|---|---|---|---|---|---|
| Allstate Insurance | 173 | 7 | 4.0% | 0.8x | 0 | 0 |
| State Farm Insurance | 51 | 2 | 3.9% | 0.8x | 1 | 0 |
| Allstate Insurance Company | 30 | 1 | 3.3% | 0.7x | 0 | 0 |
* Small sample (5–19 loans): rate shown for completeness; treat as a diligence flag, not a verdict. Loans since 2020 and early charge-offs are counts only — that cohort is too young for a rate.
Frequently asked
- Which Insurance Agencies and Brokerages franchises have the highest SBA default rates?
- Among Insurance Agencies and Brokerages brands with 20 or more SBA 7(a) loans approved FY2010–FY2019, the highest charge-off rates were Allstate Insurance (4.0%), State Farm Insurance (3.9%), Allstate Insurance Company (3.3%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
- What is the Insurance Agencies and Brokerages franchise SBA default rate benchmark?
- Insurance Agencies and Brokerages franchise borrowers charged off 5.1% of SBA 7(a) loans approved FY2010–FY2019, compared with 10.2% for all franchises and 8.0% for all SBA borrowers.
Cite this page
Franchise Default Rates (2026). Insurance Agencies and Brokerages franchise SBA 7(a) default rates, FY2010–FY2019 cohort: 3 brands, pooled 3.9%. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/industry/insurance-agencies-and-brokerages/ · Data & methodology · Download the dataset (CSV)