SelectQuote Local Insurance franchise
An insurance agency offering health and life insurance products. At the end of its 2026 fiscal year there were 1 SelectQuote Local Insurance locations in the US, all company-owned.
- Cost to open
- $100K–$202K
- Franchise fee
- $55,000
- Royalty
- 20%–30% of net revenues; minimums
- Locations, 2026
- 10 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From SelectQuote Local Insurance Services, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a SelectQuote Local Insurance franchise costs
Opening one SelectQuote Local Insurance costs an estimated $99,500 to $202,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: SelectQuote Local Insurance Services, LLC, 2026 filing, page 19
SelectQuote Local Insurance franchise fee
The franchise fee is $55,000. You pay it when you sign the franchise agreement.
Source: SelectQuote Local Insurance Services, LLC, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 20% of net revenues on initial-term health and life products and 30% on renewal-term health products, subject to minimum royalties. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: SelectQuote Local Insurance Services, LLC, 2026 filing, page 11
Sales and earnings
No figures SelectQuote Local Insurance does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: SelectQuote Local Insurance Services, LLC, 2026 filing, page 49
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2024 | 0 (0) | 1 | 0 |
| 2025 | 0 (0) | 1 | 0 |
| 2026 | 0 (0) | 1 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. The outlet table uses fiscal-year labels, including 2026; these are not complete calendar-year 2026 counts.
See which brands grew most in the fastest-growing franchises rankings.
Source: SelectQuote Local Insurance Services, LLC, 2026 filing, page 50
