The accounts are all old friends. The same agency could have drastically different values between these two valuation standards. However, some items that are on the balance sheet might not be fully understood.
So, What is My Agency Worth’
The purpose of the valuation should drive the structure of the approach that the professional appraiser will use to calculate value. A Final Thought The trend in agency values has been a slow decline for the past 30 years. After some time discrepancies grow and the stated receivable balance is overstated and not justified.
Local Auto Insurance Agents & Providers in Minneapolis, Minnesota
A Fair Market Value has a specific definition. Yes, it is quick—1 to 1. As an independent, full-service insurance agency, our duty is to our clients best interests. Risk Insights Stay up to date with industry-specific risk insights delivered monthly to your inbox.
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