Preston Insurance Agencies
- Company typePrivate
- Founded1932
- HeadquartersChildress, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
Preston Insurance Agencies firmographics
Firmographics- Name
- Preston Insurance Agencies
- Legal name
- Preston Insurance Agencies, Inc.
- Website
- https://texas-ins.com
- Company type
- Private
- Founded year
- 1932
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Preston Insurance Agencies industry classification
Industry- Product category
- Independent Insurance Agency
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
- akta.pro secondary industry
- Small Business BOP (Main Street) (FSAJAFAA)
Keywords
Where Preston Insurance Agencies is headquartered
LocationHeadquarters
- HQ city
- Childress
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Preston Insurance Agencies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Insurance Commissions: Earn commissions from insurance carriers for placing client coverage. As an independent agency, they represent multiple insurance companies and receive a percentage of premiums paid by customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based insurance coverage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Preston Insurance Agencies product offering
Product offeringCore offering
Preston Insurance Agencies is an independent insurance agency operating as "The Insurance Supermarket" that represents 35+ insurance carriers to provide personal, business, life, health, and recreational vehicle insurance coverage to individuals and businesses in North Texas. The agency shops coverage across multiple carriers to match customers with the best fit at competitive prices, offering in-person consultations at its Childress, Texas office along with phone support and online quote request forms.
Product overview
Preston Insurance Agencies operates as an independent insurance agency (branded as The Insurance Supermarket) offering a broad portfolio of insurance products across three main categories: Personal Lines Insurance (automobile, homeowners, renters, boats, recreational vehicles, mobile homes, umbrella liability), Business Coverages (commercial property, general liability, workers compensation, business automobile, bonds), and Life and Health Insurance. The agency functions as an independent broker representing multiple insurance carriers, allowing them to match customers with the best coverage at competitive prices. Services include online quote requests, policy changes, claims submissions, and certificate requests through web forms.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Lines Insurance Comprehensive personal insurance coverage including automobile, homeowners, renters, dwelling fire, umbrella liability, boats, yachts, JetSkis, waverunners, mobile homes, and travel trailers for individual consumers.
- Business Coverages
- Life Insurance
- Health Insurance
- Recreational Vehicle Insurance
- Farm and Ranch Insurance
Companies that use Preston Insurance Agencies
Customer profileSegments2 records
Ideal customer profiles2 records
Preston Insurance Agencies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Preston Insurance Agencies partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered minor.
- AIGminorInsurance carrier represented by Preston Insurance for various coverage products.
- AllstateminorInsurance carrier represented by Preston Insurance for various coverage products.
- American CollectorsminorInsurance carrier represented by Preston Insurance.
- American HallmarkminorInsurance carrier represented by Preston Insurance.
- Bristol WestminorInsurance carrier represented by Preston Insurance.
- Burns & WilcoxminorInsurance carrier represented by Preston Insurance.
- CNA SuretyminorSurety bond carrier represented by Preston Insurance.
- Dallas Fire InsuranceminorInsurance carrier represented by Preston Insurance for fire and property coverage.
- MetLife Auto & HomeminorInsurance carrier represented by Preston Insurance for auto and home coverage.
- ZurichminorInsurance carrier represented by Preston Insurance for various coverage products.
- 35+ Additional Insurance CarriersminorAdditional represented carriers include: Empower, Esprit General Agency, Floyd West, GMAC, Home State, Infinity, Louis A. Williams, Lone Star, Lyndon General, Markel Insurance, Myron F. Steves, National Insurance Councilors, National Lloyds, Old Republic Surety, Southern Insurance Underwriters, Superior Surplus, Texas All Risk, TAIPA, Texas Specialty, Unitrin, Van Wagoner, Victoria, Western Star, and others.
Scale indicators3 records
Recent moves9 records
Expansion highlights3 records
Preston Insurance Agencies competitors and assessment
Company assessmentBroad incumbents
- Brown & Brown Insurance: Large national insurance brokerage and agency. While much larger, operates on the same independent-agent distribution model placing business across multiple carriers — useful as a scaled comparable for the brokerage model.
- HUB International: Large North American insurance brokerage with a strong independent-agent-style model. Comparable business model of representing multiple carriers for personal and commercial clients, though at far greater scale.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm. Provides a scaled comparable for the multi-carrier brokerage model, although Preston serves a vastly smaller personal/commercial niche.
Regional players
- Frankenmuth Insurance: Mutual insurance carrier serving personal and commercial lines through independent agents in the central and southern US. Comparable small-town independent-agency distribution model with similar product breadth.
- Germania Insurance: Mutual insurance company based in Texas writing personal and commercial lines primarily to rural and small-town Texas customers. Overlapping customer profile with Preston in North Texas panhandle region.
- Texas Farm Bureau Insurance: Texas-exclusive insurance carrier and agency network serving rural communities, including Childress-area counties. Comparable in serving rural Texas personal and farm/ranch lines, though operating as a captive carrier-affiliated model rather than independent.
- Shelter Insurance: Regional mutual insurance company offering personal lines (auto, home, life) through captive agents in the central and southern US. Comparable small-town, relationship-driven distribution model in rural markets.
Direct peers
- Higginbotham Insurance: Texas-based independent insurance agency representing multiple carriers for personal and commercial lines. Highly comparable as a multi-carrier independent broker operating in Texas, though significantly larger in scale than Preston.
- Dean & Draper Insurance Agency: Independent Texas insurance agency offering personal and business coverage through multiple carriers. Directly comparable multi-carrier brokerage model serving Texas customers with similar product breadth.
Emerging players
- Goosehead Insurance: Independent personal lines agency franchisor with a multi-carrier model. Comparable independent-broker value proposition targeting personal lines customers, though uses a franchise/corporate structure rather than family ownership.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Preston Insurance Agencies social profiles
Digital presencePreston Insurance Agencies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Preston Insurance Agencies leadership team
Management profileNumber of profiles
Profiles4 records
Preston Insurance Agencies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Preston Insurance Agencies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Preston Insurance Agencies
What does Preston Insurance Agencies do?
Preston Insurance Agencies is an independent insurance agency operating as "The Insurance Supermarket" that represents 35+ insurance carriers to provide personal, business, life, health, and recreational vehicle insurance coverage to individuals and businesses in North Texas. The agency shops coverage across multiple carriers to match customers with the best fit at competitive prices, offering in-person consultations at its Childress, Texas office along with phone support and online quote request forms.
Is Preston Insurance Agencies a public or private company?
Preston Insurance Agencies is a private company. It is classified as family owned and is currently operating.
When was Preston Insurance Agencies founded?
Preston Insurance Agencies was founded in 1932. It employs 1 to 10 people.
Where is Preston Insurance Agencies based?
Preston Insurance Agencies is headquartered in Childress, United States, in the North America region.
How does Preston Insurance Agencies make money?
One revenue line is on record: insurance Commissions.
Who are Preston Insurance Agencies's main competitors?
Broad incumbents on record are Brown & Brown Insurance, HUB International and Arthur J. Gallagher & Co.. Regional players are Frankenmuth Insurance, Germania Insurance, Texas Farm Bureau Insurance and Shelter Insurance. Direct peers are Higginbotham Insurance and Dean & Draper Insurance Agency. Goosehead Insurance is listed as an emerging player.
Does Preston Insurance Agencies have an API?
No public API is recorded for Preston Insurance Agencies.
What industry is Preston Insurance Agencies in?
Preston Insurance Agencies's product category is Independent Insurance Agency. Its primary akta.pro industry code is FSAEADAA, Retail (Personal Lines) Insurance Brokerage, with a secondary code of FSAJAFAA, Small Business BOP (Main Street). Its NAICS code is 524210 and its SIC code is 6411.