---
title: "Veronica’s Insurance Ranked No. 1 in the 2021 Top 500 New Franchises by Entrepreneur Magazine"
url: https://burnaze.com/article/671e221b-efa8-43e8-b3d0-c1bd739c71f6
source: "Franchising.com"
original_url: https://www.franchising.com/news/20210419_veronicas_insurance_ranked_no_1_in_the_2021_top_500_new_franchises_by_entre.html
category: "Business Services"
industry: "Business Services"
topics: ["Finance & M&A"]
published: 2021-04-19T12:00:00.000Z
modified: 2026-11-01T02:30:00.508Z
image: https://images.unsplash.com/photo-1560520653-9e0e4c89eb11?w=1600&q=80&auto=format&fit=crop
---

# Veronica’s Insurance Ranked No. 1 in the 2021 Top 500 New Franchises by Entrepreneur Magazine

**TL;DR:** Veronica's Insurance was ranked No. 1 in the insurance category in Entrepreneur Magazine's 2021 Top 500 New Franchises list. The company, founded by Veronica Gallardo, specializes in the Hispanic and Latin market and has over 90 locations in several states.

*originally published in Franchising.com on 2021-04-19. [Read the original](https://www.franchising.com/news/20210419_veronicas_insurance_ranked_no_1_in_the_2021_top_500_new_franchises_by_entre.html).*

## Story

“This shows that we are not only the favorites of our clients with the best auto insurance, but also that our community trusts our brand to start their new business, thanks to our franchise model.”

The franchise model was born to give Latino people the opportunity to achieve their entrepreneurial dreams. Started during the pandemic, the organization’s franchise model created a recession-proof business, where franchisees understand they will receive the support they need to make their office a resounding success. “We are proving that the American dream can be achieved with our franchise,” said Raul Dominguez, COO of Veronica’s Insurance. “Because of the ongoing support and continued growth, our model is number one in the country right now.”

Veronica’s Insurance has become a broker leader in the Hispanic insurance market, proving to be a sustainable, profitable, and early trend adopter business. The company also serves clients in their language to keep the roots of the Latino and Hispanic culture.

Hispanics are the largest ethnic group in California and according to the Latino Economic Institute of California, the economic well-being of this community is critical to the success of the state.

Founded 25 years ago by Mexican businesswoman, Veronica Gallardo, Veronica’s Insurance specializes in the Hispanic and Latin market, offering auto, life, and health insurance. Gallardo’s vision has created employment for more than 200 families. The company is headquartered in Los Angeles, California, and makes up over 400 people. Veronica’s Insurance has more than 90 locations in California, Colorado, Texas, and Florida.

## Entities

- Franchising.com (publication)
- Business Services (sector)
- texas (location)
- Florida (location)
- franchise ranking (topic)
- California (location)
- Colorado (location)
- Inc. Magazine (company)
- entrepreneur magazine (topic)
- insurance franchise (topic)
- hispanic market (topic)

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Originally reported by Franchising.com (https://www.franchising.com/news/20210419_veronicas_insurance_ranked_no_1_in_the_2021_top_500_new_franchises_by_entre.html). Summarized by Burnaze (https://burnaze.com/article/671e221b-efa8-43e8-b3d0-c1bd739c71f6).