albert garcia

What albert garcia does

Al Garcia Insurance Agency Inc, operating as Albert Garcia – State Farm Insurance Agent, is a privately held independent insurance agency founded in 2001 by Albert Garcia. The agency sells State Farm personal and commercial insurance products — auto, homeowners, condo, renters, motorcycle, boat, RV, business, life, and pet — alongside banking products distributed through a State Farm–U.S. Bank partnership and annuities for retirement planning. It operates from a single office at 9026 S Commercial Avenue in Chicago's South Shore neighborhood, serving the South Chicago and Southeast Side communities including Woodlawn, Hyde Park, Calumet Heights, South Deering, Pill Hill, Jeffrey Manor, and Vets Park.

The agency is staffed by 8 team members, including a dedicated life insurance representative and licensed office representatives, with bilingual capability in English and Spanish (and Bosnian). Its core technology is the standard State Farm insurance platform for quoting, policy management, claims filing, and the State Farm mobile app for ID cards and payments; the agency layers a personalized service model on top, supported by online quote tools, 24/7 phone and SMS access, and in-person consultations. Albert Garcia holds Illinois (#IL-3526932) and Indiana (#IN-3128642) insurance licenses.

Revenue is generated on a commission basis across insurance policies and partner banking/annuity products, with personalized monthly-billed pricing that varies by state, coverage, and risk profile. The go-to-market is sales-led and community-rooted, relying on direct customer contact (phone, text, email, in-person), word-of-mouth referrals, Google reviews (4.8/5 across 68 reviews), and the agent's website (algarcia.biz). Customer segments are geographic (South Chicago residents) and demographic (bilingual English/Spanish speakers), with a stated emphasis on multi-policy household bundling and long-tenured client relationships.

Name

albert garcia

Legal name

Al Garcia Insurance Agency Inc

Website

https://algarcia.biz

Company type

Private

Founded year

2001

Operating status

Operating

Short description

Al Garcia Insurance Agency Inc is an independent State Farm insurance agency founded in 2001, operating a single bilingual office on Chicago's Southeast Side that sells personal and commercial insurance, annuities, and partner banking products to local households and small businesses.

Ownership category

akta.pro rank

Product category

Personal Insurance Agency

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Personal insurance agency
• Auto insurance
• Homeowners insurance
• Life insurance
• Small business insurance

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Commissions: Earns commissions on insurance policies sold including auto, homeowners, life, business, motorcycle, boat, RV, condo, renters, and pet insurance. Also earns commissions on banking products (accounts, CDs, credit cards, loans) and annuities through State Farm's partnership with U.S. Bank.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Al Garcia Insurance Agency Inc is an independent State Farm insurance agency selling personal and small business insurance policies (auto, homeowners, condo, renters, motorcycle, boat, recreational vehicle, life, pet, health, personal articles, business) along with banking products (through a U.S. Bank partnership) and annuities. The agency distributes these products via its Chicago office, phone/text, and the State Farm online platform, earning commissions on each policy and account placed.

Product overview

Albert Garcia operates as a State Farm insurance agent offering a comprehensive portfolio of insurance and financial products. The core offerings include vehicle insurance (auto, motorcycle, boat, recreational vehicles), property insurance (homeowners, condo, renters), life insurance, pet insurance, and business insurance. These are complemented by banking products through U.S. Bank partnership and annuities for retirement planning. All products are supported by State Farm's claims processing capabilities processing nearly forty thousand claims daily.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Vehicle insurance coverage including liability, medical payments, comprehensive coverage, and savings options like the Drive Safe & Save discount, offered to individual consumers and households in the South Chicago market.
• Motorcycle Insurance Motorcycle insurance covering theft, emergency expenses, and protection for touring motorcycles with comprehensive and collision coverage options, for individual motorcycle owners.
• Homeowners Insurance Insurance protecting home structure and belongings from damage including falling trees, fire, theft, and wind/hail damage, with optional service line repair coverage and integration with the Ting electrical fire prevention monitoring program.
• Condo Insurance Condo unitowners insurance covering damage from smoke, fire, ice, and other causes with replacement cost options and liability protection for individual condo owners.
• Renters Insurance Insurance protecting personal belongings in rented homes from theft, break-ins, vandalism, and covered water damage, for individual renters.
• Business Insurance Small business policy providing a business owners policy with loss of income coverage (up to 12 months), liability protection, and payroll cost assistance for small business owners.
• Life Insurance Life insurance with level or flexible payment options, lifetime or term coverage, including guaranteed issue funeral expense coverage, for individuals and families planning financial security.
• Pet Insurance Pet medical insurance through State Farm's Trupanion partnership for cats and dogs, covering unexpected illness or injury with claim and coverage process support.
• Recreational Vehicles Insurance RV insurance protecting motorhomes, camper vans, and travel trailers from fire, vandalism, and theft with State Farm Personal Price Plan options.
• Boat Insurance Boat insurance with options for temporary repairs, emergency service, uninsured watercraft coverage, and boat rental liability, for individual boat owners.
• Health Insurance Health insurance offered alongside State Farm's personal insurance portfolio for individuals and families seeking medical coverage.
• Personal Articles Insurance Coverage for personal articles and valuables offered as part of the agency's personal lines portfolio.
• Banking Products Banking services including checking accounts, savings accounts, CDs, retirement CDs, credit cards, personal loans, and business banking products offered through State Farm's partnership with U.S. Bank.
• Annuities Investment products including immediate annuities for lifetime income and tax-deferred annuities for retirement savings growth, for individuals planning retirement.

Quantifiable outcome

• State Farm processes nearly 40,000 claims per day

Named customers4 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• U.S. BankcoreChannel Partner/ Reseller/ DistributorState Farm has a partnership with U.S. Bank to offer banking products including checking accounts, savings accounts, CDs, retirement CDs, credit cards, personal loans, and business banking products. Albert Garcia's agency can help customers apply for these products through the partnership.
• TrupanioncoreTechnology or IntegrationState Farm partners with Trupanion to provide pet insurance for cats and dogs. Trupanion provides high-quality pet medical insurance with claims processing support. Products are underwritten by American Pet Insurance Company and ZPIC Insurance Company in Seattle, WA.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• State Farm: State Farm supplies the carrier brand, policy infrastructure, and claims platform behind the subject agency. It overlaps heavily in personal and business insurance but operates at substantially greater scale.
• Allstate: Allstate combines personal-lines insurance with a large local-agent network, overlapping in auto, home, life, and agent-led customer service. It is comparable in distribution, although it operates at much greater scale.
• Liberty Mutual: Liberty Mutual underwrites personal and commercial property and casualty insurance through agents and direct channels. It overlaps in product breadth and target customers, but is far larger and less dependent on a single neighborhood office.
• Progressive: Progressive is a large auto and home insurer with significant direct and digital distribution. It overlaps strongly in core personal products, while having a materially different acquisition model from the subject agency.
• GEICO: GEICO is a major personal auto insurer with direct digital and local sales channels. It is comparable in auto coverage and customer target, but not in the subject's agency-led service model.

Regional players

• Country Financial: Country Financial is a Midwest-focused insurer with an agent-led model for auto, home, life, and business coverage. Its local relationship distribution is particularly comparable to Albert Garcia's neighborhood State Farm office.
• Erie Insurance: Erie Insurance underwrites personal and commercial coverage and distributes through a network of independent agents. That multiline, local-agent model is closely comparable to the subject agency.

Direct peers

• Farmers Insurance: Farmers offers personal and commercial insurance through a large agent network, including local agents who can bundle multiple policies. Its distribution model is materially similar to Albert Garcia's State Farm agency.
• American Family Insurance: American Family sells personal and commercial insurance through local agents and supports cross-selling across auto, home, life, and related products. This closely matches the subject's multiline, relationship-led model.
• Nationwide: Nationwide provides auto, home, life, and business insurance through a broad agency network. Its product breadth and local agent distribution make it directly comparable to the subject agency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=i7h4kNoskAI
• Facebookfacebook.com/183745545637309

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 →

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