Accurate Insurance

What Accurate Insurance does

Accurate Insurance, Inc. is a privately held independent insurance agency headquartered at 508 S. Locust St., Glenwood, Iowa. The firm was founded in 1927 as Cheyney Insurance and was acquired and renamed in 2006 by longtime employees Richard Delashmutt, Eric Stille, and Mona Anderson; in 2019, following Richard's passing, Mona Anderson purchased his stake, making her and Eric Stille the current co-owners. Operating with 11-50 employees, the agency serves individuals, families, small and medium-sized businesses, and farms in Glenwood and the surrounding area across four product categories: Personal (home, auto, personal property, personal umbrella), Commercial (general liability, workers' compensation, commercial property, commercial umbrella), Crop and Farm (crops, livestock, farm property, grain storage, farm umbrella), and Life and Health (health, term life).

As an independent agency, Accurate Insurance represents multiple insurance carriers and is compensated through commissions on policies placed. The technology footprint is minimal and non-proprietary: the firm relies on a website for quote requests and carrier information, direct agent-assisted sales (phone and in-person), and a white-labeled mobile app built on Applied Systems' Mobile Insured platform (available on iOS and Android). There is no disclosed proprietary technology, no API offering, no AI/ML capability, and no proprietary data assets. Go-to-market is sales-led and relationship-driven, leaning on word-of-mouth referrals, community presence, and personalized agent consultation rather than digital or self-service acquisition channels.

Revenue mechanics are standard for the independent agency model: commissions are paid by carriers on placed policies, with no public pricing or revenue figures disclosed. The firm holds no patents, certifications, or external awards in the source data, and its operating geography is narrowly bounded to a single rural Iowa market. The overall profile is that of a long-tenured, community-rooted small business agency with a diversified personal-and-commercial book and a specialization in agricultural lines.

Name

Accurate Insurance

Legal name

Accurate Insurance, Inc.

Website

https://accurateinsinc.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

11–50 employees

Short description

Accurate Insurance is an independent insurance agency in Glenwood, Iowa, offering personal, commercial, crop and farm, and life and health coverage through multiple carrier partnerships to individuals, families, small businesses, and farms in the surrounding area.

Ownership category

akta.pro rank

Product category

Independent Insurance Agency

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

Keywords

• Independent insurance agency
• Personal insurance coverage
• Commercial insurance coverage
• Crop and farm insurance
• Life and health insurance

Headquarters

HQ city

Glenwood

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, Accurate Insurance generates revenue through commissions paid by insurance carriers for policies placed through their agency. They work with multiple carriers to shop coverage for customers at competitive prices.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Accurate Insurance is an independent insurance agency that sells personal, commercial, crop/farm, and life and health insurance products through multiple carrier partnerships. The agency helps individuals, families, businesses, and farmers in the Glenwood, Iowa area shop for coverage across multiple insurance carriers to find competitively priced options tailored to their specific needs. Revenue is generated through commissions paid by carriers for policies placed through the agency.

Product overview

Accurate Insurance is an independent insurance agency offering a comprehensive portfolio of insurance products across four main categories: Personal (Home, Auto, Personal Property, Personal Umbrella), Commercial (General Liability, Worker's Compensation, Commercial Property, Commercial Umbrella), Crop and Farm (Crops, Livestock, Farm Property, Grain Storage, Farm Umbrella), and Life and Health (Health Insurance, Term Life Insurance). As an independent agency, they work with multiple insurance carriers to provide customized coverage solutions for individuals, families, businesses, and farms in the Glenwood, Iowa area.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Insurance Insurance coverage for homes and residential properties, protecting against damage, loss, and liability. For individuals and families.
• Auto Insurance Vehicle insurance coverage including liability, collision, comprehensive, and additional protection options. For individual vehicle owners.
• Personal Property Insurance Coverage for personal belongings and valuables within the home. For individuals and families.
• Personal Umbrella Insurance Additional liability coverage extending beyond standard personal insurance policy limits. For individuals and families.
• General Liability Insurance Coverage protecting businesses against third-party claims for bodily injury, property damage, and personal injury. For small to medium businesses.
• Worker's Compensation Insurance Coverage providing benefits to employees for work-related injuries or illnesses. For small to medium businesses.
• Commercial Property Insurance Coverage for business buildings, equipment, inventory, and other commercial property against damage or loss. For small to medium businesses.
• Commercial Umbrella Insurance Additional liability coverage extending beyond the limits of standard commercial insurance policies. For small to medium businesses.
• Crops Insurance Coverage protecting farming operations against crop loss due to weather, disease, or other covered perils. For farmers and agricultural operations.
• Livestock Insurance Coverage for farm animals against death, disease, or other covered losses. For farmers and agricultural operations.
• Farm Property Insurance Coverage for farm buildings, equipment, and structures against damage or loss. For farmers and agricultural operations.
• Grain Storage Insurance Coverage protecting stored grain and grain storage facilities. For farmers and agricultural operations.
• Farm Umbrella Insurance Additional liability coverage extending beyond standard farm insurance policy limits. For farmers and agricultural operations.
• Health Insurance Coverage for medical expenses and healthcare costs for individuals and families.
• Term Life Insurance Life insurance coverage for a specified term, providing financial protection for beneficiaries.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Multiple Insurance CarrierscoreChannel Partner/ Reseller/ DistributorAccurate Insurance is an independent agency that works with many major insurance companies. They write for multiple carriers, which allows them to shop for coverage on behalf of customers to find options that meet their needs at competitive prices.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Market position

Competitive moat3 records

Key risks6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Accurate Insurance