AFR Insurance
- Bernadette Autreychief financial officer · Company website
How we got $940K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 121 years (since 1905)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
AFR Insurance is an Oklahoma City-based insurer offering homeowners, auto, farm and ranch, life, dwelling and umbrella policies, sold through agents across the state.
From the company's website. Industry: Direct Property and Casualty Insurance Carriers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LAZY J ARENA, LLC · Stillwater, 49 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 2 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 11 mi · $18.0M
- LANCE RHODES · Fairview, 80 mi · $10.9M
- CASTLE ROCK HEF, LLC · Oklahoma City, 13 mi · $10.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AFR Insurance this business | $815K | — |
| American Farmers & Ranchers Oklahoma City | $1.3M | 0.0 mi |
| PRAXIS HEALTH GROUP, LLC Oklahoma City · 4 employees | $5.7M | 1.3 mi |
| KEY FINANCIAL ADVISORS LLC Oklahoma City · 1 employees | $439K | 2.5 mi |
| COLEMAN INSURANCE LLC Oklahoma City · 5 employees | $4.8M | 3.3 mi |
| ADVANCED SUBROGATION RESOURCES, LLC Oklahoma City · 12 employees | $10.1M | 4.3 mi |
| Break Free Bail Bonds Oklahoma City | $948K | 4.5 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 | $940K |
| Multiple for this size and industry | 3× |
| Value range | $345K – $1.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Direct Property and Casualty Insurance Carriers 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) | Direct Property and Casualty Insurance Carriers (524126) |
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
History & advisors
“AFR Insurance's roots date back to 1905 with the establishment of the membership organization, Oklahoma Farmers Union.”
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 AFR Insurance
AFR Insurance is a direct property and casualty insurance carriers company in Oklahoma City, Oklahoma, in business since 1905. It is owned by Chad Yearwood (President & Chief Executive Officer). Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $940K (likely range $345K–$1.4M).
Common questions
- Who owns AFR Insurance?
- AFR Insurance is owned by Chad Yearwood (President & Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does AFR Insurance make?
- SeeBITDA estimates AFR 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 AFR Insurance worth?
- About $940K, roughly 3× its estimated EBITDA of $313K, typical for a direct property and casualty insurance carriers company its size. Likely range: $345K–$1.4M.
- When was AFR Insurance founded?
- AFR Insurance has been in business since 1905.
- Is AFR Insurance for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 121 years (since 1905); no family successor named on its website.