Smart Choice Reports Record Growth in 2024 Fueled by Over $140 Million in Acquisitions

February 5, 2025

Smart Choice® reports record growth in 2024 fueled by over $140 million in acquisition from 15 separate deals. Organic growth was driven by a record-breaking 1,450 new agencies joining last year. 2024 also marked the 8th consecutive year of over 1k plus new agency additions annually making Smart Choice the fastest growing agency network in the country.

“We are excited about our explosive growth last year and expect to continue this trajectory in 2025,” said Andrew Caldwell, Smart Choice president. “In support of our 10,000+ partnered agencies, we also added or expanded 12 national carrier partnerships in 2024.”

The key differentiator for Smart Choice is their agent-friendly contract that doesn’t require an upfront payment to join, doesn’t lock agents into a contract, and allows them to retain 100% ownership. The level of support that agencies receive from their local territory managers is unique as well.

“I spent a lot of time researching and a lot of time looking at different networks and some seemed very micromanaging in their approach telling you what to do – while I was interested in the kind of support where you’re going to be a partner and help me run in the direction I’m going,” said Jackie Morgan, The Castle Insurance Agency. “You have to make sure that you're partnered with someone that is going to be able to support you and that you're aligned with from a value perspective, and helping you reach your goals. So, to me, Smart Choice was the absolute best option.”