7 Auto Insurance Company Success Stories [2024]

Updated: November 19th, 2023
Start An Auto Insurance Company

Here are some real life success stories of starting a auto insurance company:

1. Limelight Health ($85.9M/year)

How much they make: $85.9M/year
Current team size: 780

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How we pivoted our way to a near hundred million dollar exit

Limelight Health, founded in 2014 and acquired by FINEOS in 2020 for nearly $100M, achieved success through building meaningful relationships, product research, executive and advisor hiring, and focusing on culture and authenticity to help life insurers provide excellent service to customers.

About
Jason started Limelight Health about 10 years ago
Revenue
Jason grew the business to $7.16M/month
Read by 714 founders

So... can you actually make money with a auto insurance company?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Geico

Get fast, free insurance quotes today. Find affordable insurance coverage for your car, motorcycle, and much more. GEICO has been trusted since 1936.

Website traffic: 22.2M/month

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5. Progressive

Save on car insurance and home insurance online from Progressive. Bundle your home and auto insurance to save more.

Website traffic: 24.9M/month

So... can you actually make money with a auto insurance company?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. State Farm

State Farm helps you protect what matters most with home & car insurance, checking & savings accounts, loans, and more. Get a free quote or find an insurance agent near you.

Where they're located: Pittsburgh, Pennsylvania, USA
Website traffic: 14.7M/month

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