First Insurance
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Relation Insurance (formerly known as First Insurance, Oklahoma City) offers business, personal, employee benefits, retirement and private wealth insurance services. The pages describe its Durant office as based on relationships with individuals and businesses.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SHERRILL LIVESTOCK INC. · Mcalester, 41 mi · $13.1M
- ROBINSON BROS PORK, LLC · Holdenville, 50 mi · $12.6M
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 72 mi · $9.9M
- MORTON CATTLE COMPANY, LLC · Stratford, 58 mi · $8.4M
- MORTON FARMS LLC · Stratford, 58 mi · $8.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| First Insurance this business | $815K | — |
| LOGAN DANIEL INSURANCE AGENCY L.L.C. Atoka · 2 employees | $542K | 0.1 mi |
| Shelter Insurance Atoka | $815K | 0.2 mi |
| Steve Crow - State Farm Insurance Agent Atoka | $815K | 0.3 mi |
| Underwood Insurance Atoka | $815K | 0.5 mi |
| COMBEST INSURANCE LLC Atoka · 2 employees | $577K | 0.5 mi |
| Aaa - Atoka Atoka | $815K | 0.5 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $415K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.
| Revenue range | $374K – $1.0M |
| EBITDA range | $144K – $392K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Insurance
First Insurance is an insurance agencies company in Atoka, Oklahoma, in business since 2010. Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).
Common questions
- Who owns First Insurance?
- The owner of First Insurance isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does First Insurance make?
- SeeBITDA estimates First Insurance's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Insurance worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $313K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
- When was First Insurance founded?
- First Insurance has been in business since 2010.