State Auto Insurance
How we got $568K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 65 years (since 1961)
From public records and the company's website, not a statement that it's for sale.
What they do
State Auto Insurance Agency Inc is a family-owned auto insurance agency in Oklahoma City, OK, offering personal and business insurance to Oklahoma individuals, families, and businesses.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| State Auto Insurance this business | $493K | — |
| DUGAR INSURANCE AGENCY & ASSOICATES INC Oklahoma City · 2 employees | $236K | 0.8 mi |
| All About Auto Insurance Oklahoma City | $493K | 0.8 mi |
| Godwin Consulting Oklahoma City | $493K | 0.9 mi |
| Nate Esparza Oklahoma City | $493K | 1.0 mi |
| Capital Bureau Oklahoma City | $493K | 1.6 mi |
| Farmers Insurance - Jimmy Carswell Lawton | $493K | 1.6 mi |
The full calculation
| Estimated value = EBITDA × typical sale multiple | $568K |
| Multiple for this size and industry | 3× |
| Value range | $262K – $1.1M |
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 | $283K – $769K |
| EBITDA range | $109K – $296K |
| 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
People & advisors
“State Auto Insurance Agency Inc has been protecting Oklahoma drivers and their families since 1961.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About State Auto Insurance
State Auto Insurance is a family-owned insurance agencies company in Oklahoma City, Oklahoma, in business since 1961. It is owned by Arturo Cardenas. Its estimated annual revenue is about $493K, with roughly $189K of EBITDA. Its estimated business value is $568K (likely range $262K–$1.1M).
Common questions
- Who owns State Auto Insurance?
- State Auto Insurance is owned by Arturo Cardenas, according to public sources such as the company's website or filings.
- How much revenue does State Auto Insurance make?
- SeeBITDA estimates State Auto Insurance's annual revenue at about $493K (likely between $283K and $769K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is State Auto Insurance worth?
- About $568K, roughly 3× its estimated EBITDA of $189K, typical for a insurance agencies company its size. Likely range: $262K–$1.1M.
- When was State Auto Insurance founded?
- State Auto Insurance has been in business since 1961.