Joseph W Russo Agency
Charles Town, Jefferson County, WV
Exclusive / Captive Agent — State Farm | Est. 1922 (104 years)
Agency Match uses public information and a proprietary scoring model to identify possible business opportunities. Ratings indicate potential, not confirmed interest, unless explicitly noted.
Opportunity Analysis
Looking to Buy · Not assessed
Not assessed
Summary: Exclusive-carrier agency: the carrier governs ownership and appointments, so this is not assessed.
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Public signs the agency buys or absorbs other agencies: past acquisitions, growth by acquisition, added offices and the depth to integrate a book.
Why: Exclusive-carrier agency: the carrier governs ownership and appointments, so this is not assessed.
Open to Selling · Low
Low
Acquisition Research Fit
- Owner tenure: Not established
- Agency age: 104 years
Summary: Public information shows an established agency, but no confirmed interest in selling.
Sale interest: Unknown
Confidence: Low
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Exclusive-carrier agency: any ownership change would be a same-carrier transition under the carrier's rules. Scored from retirement, restructuring, owner age and tenure signals.
Why: Acquisition Research Fit is low. Formation year 1922 is on a verified record (104 years in operation). The rating stays Low because years in operation and size are a business profile, not a transition. This is not a statement that the agency wants to sell.
- Formation year 1922 is on a verified record (104 years in operation). Verified · +8 pts“The first car State Farm ever insured was in June of 1922.”russoinsureswv.com verified
Acquisition Research Fit is low. Formation year 1922 is on a verified record (104 years in operation). The rating stays Low because years in operation and size are a business profile, not a transition. This is not a statement that the agency wants to sell.
Confidence: low. Separate from the rating.
Not on file: Owner tenure is not established; No internal succession document; Confirmed sale interest is unknown.
Not known publicly: Whether the owner would consider a sale; Succession plans and timing; Book size and retention.
Mentorship & Peer Connections · Insufficient Evidence
Insufficient Evidence
Summary: Public evidence is insufficient for Mentorship & Peer Connections.
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Public signs of industry standing and willingness to share know-how: association leadership, teaching, memberships, recognition and tenure.
Why: Public history of 15+ years in business or in the industry
- Public history of 15+ years in business or in the industry · State Farm first insured a car in June 1922“The first car State Farm ever insured was in June of 1922.”russoinsureswv.com verified
What this rating was based on (1 factor)
Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.
- Public history of 15+ years in business or in the industry (supporting)+10 pts
- State Farm first insured a car in June 1922russoinsureswv.com
Total: 10 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.
Confidence (separate from the rating): not given without a rating · 1 facts from 1 website.
Not known publicly: Whether the principals want to mentor or be mentored.
Business Partnerships · Not assessed
Not assessed
Summary: Exclusive-carrier agency: the carrier governs ownership and appointments, so this is not assessed.
View supporting sources →
Public signs the agency would complement others: niche specialties, referral or partner relationships, broad carrier access, both personal and commercial lines, and regional reach.
Why: Exclusive-carrier agency: the carrier governs ownership and appointments, so this is not assessed.
What we know
- Public record1
- Agency-published6
- Incomplete evidence1
Not known yet
- Ownership (not confirmed)
- Service area
Record & channel
West Virginia resident business-entity license #3002364670 (NPN 20609292), licensed at Charles Town, WV
sbs.naic.orgExclusive / Captive Agent — State Farm
“State Farm® Insurance Agent - Charles Town, WV Joe Russo 111 W Liberty Street Charles T”russoinsureswv.com
Not confirmed. Names on a website or license are not treated as proof of who owns the agency.
Website: russoinsureswv.com
Also in Charles Town
Locations & footprint
Charles Town, West Virginia
Operating office · Eastern Panhandle
Documented offices are not necessarily the full service area. Acquisitions do not establish additional offices.
Research
Some research
Geography
1 documented offices
Ownership events
None documented
Ownership
Not confirmed
Joseph W Russo Agency is an exclusive / captive agency for State Farm licensed in Charles Town, WV. Lines listed: Auto, Home, Life, Renters, Business, Investments, Motorcycle, Condo, Rec Vehicles, Boat, Pet. Founding or history: State Farm first insured a car in June 1922. Public information is not yet enough for an Agency Match assessment. 6 publicly sourced facts with links.
How we determined the info on this profile
- License record: taken from the state license roster.
- Offices: based on offices listed on the agency's website. More than one office can count toward the Looking to Buy score.
- Lines of business: based on text on the agency's website. They can count toward the Strategic Partnership score.
- Leadership: based on text on the agency's website. It can count toward the Mentorship & Peer Connection score.
- Carrier partnerships: based on carriers named on the agency's website.
- Looking to Buy: not scored for this agency.
- Open to Selling: not enough public facts for a score.
- Mentorship & Peer Connections: not enough public facts for a score.
- Business Partnerships: not scored for this agency.
Highlights
People & affiliations
State Farm® Insurance Agent - Charles Town, WV Joe Russo
Names & entities
Legal name on license record
Facts from published sources (6 verified, 1 unverified)
State Farm
“State Farm® Insurance Agent - Charles Town, WV Joe Russo 111 W Liberty Street Charles T”russoinsureswv.com
111 W Liberty Street Charles Town, WV 25414-1517
“111 W Liberty Street Charles Town, WV 25414-1517 Located near Old Opera House and the old Charles Town Police Station.”russoinsureswv.com
Joe Russo, State Farm Insurance Agent
“State Farm® Insurance Agent - Charles Town, WV Joe Russo”russoinsureswv.com
State Farm Insurance Agent
“State Farm® Insurance Agent - Charles Town, WV Joe Russo”russoinsureswv.com
Auto, Home, Life, Renters, Business, Investments, Motorcycle, Condo, Rec Vehicles, Boat, Pet
“Insurance and Financial products offered Auto Home Life Renters Business Investments Insurance Motorcycle Condo Rec Vehicles Boat Pet Financial Services Annuities Banking Business Personal”russoinsureswv.com
State Farm first insured a car in June 1922
“The first car State Farm ever insured was in June of 1922.”russoinsureswv.com
Show 1 unverified fact (did not pass QA)
West Virginia, Virginia, Maryland, Pennsylvania
“We are licensed to serve you in WV, VA, MD, and PA.”
QA note: Unverified: value not supported by quote. Shown for transparency; not treated as a fact.
russoinsureswv.com