Skyway Security Insurance

What Skyway Security Insurance does

Skyway Security Insurance is an independently owned and locally operated insurance agency founded in 1949 and headquartered in Freeland, Washington. The firm operates as an independent agent representing four insurance carriers — GeoVera, PEMCO Insurance, Progressive, and Safeco — and places business across roughly 20 product lines spanning personal vehicle (auto, motorcycle, classic car, boat, ATV, RV), personal property (homeowners, renters, condo, landlord, flood, earthquake, umbrella), and commercial (BOP, commercial property, commercial umbrella, general liability, commercial auto, workers' compensation, surety bonds) coverage. Revenue is generated through carrier commissions earned on placed policies, a model that creates a commission rate per policy rather than a SaaS or fee-for-service revenue stream. The go-to-market is sales-led and high-touch: customers engage the agency via phone, walk-in at the Freeland office, or through web-based quote request forms; agents then compare rates and coverage across the represented carriers. The agency is staffed by six people — owners/agents Jim and Virginia Hale plus agents James Hale, Jerry Justice, and Maryam Adibjou — and serves consumers and small-to-medium businesses across Washington state, with no proprietary technology, no digital product, and no AI-assisted underwriting cited in the record. Distribution consists of one physical office with traditional business hours (Monday-Friday 9am-5pm, Saturday 9am-1pm), a website with educational content, a Facebook presence, and online lead capture forms; no M&A, funding, or partnership expansion events are present beyond the four carrier relationships.

Name

Skyway Security Insurance

Legal name

Skyway Security Insurance

Website

https://skywaysecurityinsurance.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

1–10 employees

Short description

Skyway Security Insurance is an independent insurance agency founded in 1949 and based in Freeland, Washington, representing GeoVera, PEMCO, Progressive, and Safeco to place personal and commercial policies for Washington state consumers and small businesses.

Ownership category

akta.pro rank

Product category

Independent Insurance Agency

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Umbrella Insurance (FSAJAMAK)

akta.pro secondary industries

General Liability Insurance (FSAJAMAE), Personal Umbrella Insurance (FSAJANAA)

Keywords

• Independent insurance agency
• Personal auto insurance
• Commercial insurance coverage
• Property insurance policies
• Insurance brokerage services

Headquarters

HQ city

Mercer Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Commissions: As an independent insurance agency, Skyway Security Insurance earns commissions from insurance carriers (GeoVera, PEMCO, Progressive, Safeco) for policies placed. They compare rates across multiple carriers to find best value for customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Skyway Security Insurance is an independent insurance agency that compares and places personal and commercial insurance policies on behalf of customers. The agency is not tied to a single carrier and researches rates and coverage options across multiple top insurance companies (GeoVera, PEMCO, Progressive, Safeco), providing free quotes, personalized consultation, ongoing policy reviews, and claims advocacy.

Product overview

Skyway Security Insurance is an independent insurance agency offering a comprehensive portfolio of insurance products across three main categories: Vehicle Insurance (Auto, Motorcycle, Classic Car, Boat & Watercraft, Motorsport & ATV, RV & Motorhome), Property Insurance (Homeowners, Renters, Condo, Landlord, Flood, Earthquake, Umbrella), and Business Insurance (Business Owners Policy, Commercial Property, Commercial Umbrella, General Liability, Commercial Auto, Workers' Compensation, Surety Bonds). As an independent agency representing multiple carriers (GeoVera, PEMCO, Progressive, Safeco), they compare protection and prices across companies to find optimal coverage combinations for customers. The agency has served the Seattle and Washington area since 1949.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Vehicle coverage for cars, trucks, vans, and SUVs protecting against accidents, fire, theft, and other covered events. Includes liability, collision, and comprehensive coverage options for individual consumers.
• Motorcycle Insurance Coverage for street cycles, Harley Davidsons, cruisers, touring bikes, and dirt bikes. Includes custom parts coverage up to $10,000, roadside assistance, liability, medical, and uninsured motorist coverage.
• Classic Car Insurance Specialized coverage for collector cars with agreed value protection, low rates for part-time drivers, and mileage limits typically under 5,000 annual miles.
• Boat & Watercraft Insurance Protection for boats, watercraft, and boating equipment covering liability, physical damage, medical payments, and fuel spill liability. Coverage available up to 75 miles from U.S. coastline.
• Motorsport & ATV Insurance Coverage for ATVs, dirt bikes, golf carts, snowmobiles, and other off-road vehicles including collision, property damage liability, bodily injury liability, and comprehensive physical damage.
• RV & Motorhome Insurance Insurance for motorhomes, travel trailers, campers, and horse trailers with options for stated value, agreed value, or replacement cost coverage. Includes roadside assistance and vacation liability.
• Homeowners Insurance Protection for homes covering dwelling, personal property, liability, and additional living expenses. Includes coverage for fire, theft, vandalism, and scheduled personal property for valuables.
• Renters Insurance Coverage for personal property against theft or damage with liability protection and medical payments coverage for visitors injured at the residence.
• Condo Insurance Coverage for personal property, liability, and improvements made to condo units, with optional loss assessment coverage for HOA levies.
• Landlord Insurance Protection for rental properties including landlord liability insurance covering personal injury, wrongful eviction, libel, and slander claims.
• Flood Insurance Coverage through the National Flood Insurance Program (NFIP) for building and contents against flood damage, separate from standard homeowners policies.
• Earthquake Insurance Separate endorsement or policy for earthquake damage coverage, as standard homeowners policies do not cover earthquake damage.
• Umbrella Insurance Personal umbrella liability coverage providing additional protection above home and auto policy limits, starting at $1,000,000.
• Business Owners Policy (BOP) Combined property, liability, and business interruption coverage for small to medium-sized businesses with customizable options.
• Commercial Property Insurance Coverage for commercial buildings, inventory, equipment, tools, and business personal property against fire, break-in, vandalism, and disasters.
• Commercial Umbrella Insurance Extra liability protection above basic commercial coverage for catastrophic losses exceeding standard policy limits.
• General Liability Insurance Broad commercial coverage protecting against property damage and personal injury caused by business operations, services, or employees.
• Commercial Auto Insurance Coverage for commercial vehicles including trucks and cars with bodily injury liability, property damage, and hired/non-owned auto liability options.
• Workers' Compensation Insurance Coverage for medical care and rehabilitation of employees injured at work, including wage replacement and employer lawsuit protection.
• Surety Bonds Various bond types including contract bonds (bid, performance, payment), commercial bonds (license, permit, probate, court), fidelity bonds, and financial institution bonds.

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• GeoVeracoreChannel Partner/ Reseller/ DistributorGeoVera is a specialized insurance provider offering earthquake and flood insurance products. Skyway Security Insurance represents GeoVera as an independent agent, providing customers access to GeoVera's specialized coverage options.
• PEMCO InsurancecoreChannel Partner/ Reseller/ DistributorPEMCO Insurance is a regional insurance carrier providing auto, home, and other insurance products. Skyway Security Insurance represents PEMCO to customers seeking competitive coverage options.
• ProgressivecoreChannel Partner/ Reseller/ DistributorProgressive is a national insurance carrier known for auto insurance and competitive rates. Skyway Security Insurance offers Progressive products as part of their carrier comparison approach.
• Safeco InsurancecoreChannel Partner/ Reseller/ DistributorSafeco Insurance, part of Liberty Mutual, provides a range of personal insurance products. Skyway Security Insurance represents Safeco as an independent agent to provide customers with additional coverage options.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Progressive: National auto insurance leader and Skyway carrier partner; competes aggressively in direct-to-consumer auto quoting, which directly affects Skyway's primary product line economics.
• State Farm: Largest US personal-lines insurer operating through a captive agent model; competes for the same WA households Skyway serves, with a fundamentally different (exclusive) agency distribution model.
• Brown & Brown: Public national insurance brokerage built largely through acquiring independent agencies; provides a comparable consolidation thesis and valuation reference for Skyway.
• GEICO: Direct-to-consumer auto insurance giant and primary disruptor to the independent agency channel; relevant because its pricing pressure defines Skyway's competitive backdrop in auto.
• The Hartford: Established carrier strong in small-commercial and workers' compensation lines that overlap directly with Skyway's BOP, commercial auto, and WC offerings.
• HUB International: Large global insurance brokerage with significant personal and commercial agency operations; a likely acquirer profile for independent agencies like Skyway and a benchmark for what scale in this model looks like.
• Safeco Insurance (Liberty Mutual): Personal-lines carrier (a Skyway partner, owned by Liberty Mutual) offering auto, home, and umbrella through agent and direct channels; comparable because it occupies the same shelf space on Skyway's quote comparison.

Direct peers

• Goosehead Insurance: Public independent insurance agency franchise that compares across multiple carriers to serve personal and commercial lines customers — same core agency business model as Skyway, scaled nationally rather than locally.
• PEMCO Insurance: Regional Pacific Northwest insurance carrier (one of Skyway's named partners) competing for the same personal-lines WA customers; comparison useful because PEMCO is both supplier and indirect competitor.

Emerging players

• Lemonade: Digital-first insurtech selling auto, home, and renters direct online; emerging structural competitor that represents the long-term threat to traditional face-to-face agencies like Skyway.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/Skywaynews

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Skyway Security Insurance