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Parrack Insurance Agency

Based on public information · Profile not yet claimed

Independent agency

Offices: Elkins & Point Pleasant & Buckhannon · West Virginia
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Ownership history

  • Ownership change documented · 2004 · Ryan Parrack purchased agency from Jon Parrack Sr.

Historical event. Not a sale signal, and it does not rule out future candidacy if new evidence supports it.

Parrack Insurance Agency is an independent insurance agency licensed in Elkins, WV. Its website lists offices in Elkins, Point Pleasant, Buckhannon. Lines listed: Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurance. Founding or history: 1976. Agency Match assessments based on public information: Business Partnerships medium; Mentorship & Peer Connections medium; Looking to Buy low. 41 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: scored from documented acquisitions, growth and offices on the public record.
  • Open to Selling: not enough public facts for a score.
  • Mentorship & Peer Connections: scored from public signs of leadership, teaching and association ties.
  • Business Partnerships: scored from specialties, markets and carriers published on the agency's website.

Research

Detailed profile

Geography

3 documented offices

Ownership events

2

Ownership

Not confirmed

Agency Match assessments

Agency Match uses public information and a proprietary scoring model to identify possible business opportunities. Ratings indicate potential, not confirmed interest, unless explicitly noted.

Looking to Buy

Low · 30

Public signs the agency buys or absorbs other agencies: past acquisitions, growth by acquisition, added offices and the depth to integrate a book.

Agency Match score: 30/100 · Medium confidence: 3+ public facts

Why: Two or more documented offices; three or more named leaders; public history of 15+ years in business or in the industry

  • Two or more documented offices · 1301 Harrison Ave Elkins , WV 26241piawv.com
  • Three or more named leaders · Ryan Parrackpiawv.com
  • Public history of 15+ years in business or in the industry · 1976piawv.com
What this rating was based on (3 factors)

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.

  1. Two or more documented offices+15 pts
  2. Three or more named leaders (supporting)+10 pts
  3. Public history of 15+ years in business or in the industry (supporting)+5 pts

Total: 30 points → Agency Match score 30/100, rated Low (High at 60+, Medium at 35+).

Confidence (separate from the rating): Medium confidence: 3+ public facts · 8 facts from 1 website.

Not known publicly: Whether the agency is buying now and at what size; Financing and integration capacity.

Open to Selling

Acquisition Research Fit

Low · 0

Acquisition Research Fit is low. An internal buyout lowers external research fit and raises transition confidence. Formation year 1976 is on a verified record (50 years in operation). 3 documented office cities. Market segment C is descriptive context. 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.

  • An internal buyout lowers external research fit and raises transition confidence. Verified · -12 ptspiawv.com
  • Formation year 1976 is on a verified record (50 years in operation). Verified · +8 ptspiawv.com
  • 3 documented office cities. Market segment C is descriptive context. Verified · +3 ptspiawv.com

Transition signals

  • An internal purchase is documented. That is continuity, not a current outside opportunity.

Countervailing evidence: An internal buyout lowers external research fit and raises transition confidence. An internal purchase is documented. That is continuity, not a current outside opportunity.

Confidence: low. Separate from the rating.

Not on file: Owner tenure is not established; Confirmed sale interest is unknown.

Confirmed sale interest: Unknown

Mentorship & Peer Connections

Medium · 45

Public signs of industry standing and willingness to share know-how: association leadership, teaching, memberships, recognition and tenure.

Agency Match score: 45/100 · Medium confidence: 3+ public facts

Why: Insurance or business association membership; public history of 15+ years in business or in the industry; civic or community leadership role

  • Insurance or business association membership · Mason County Chamber of Commerce Memberpiawv.com
  • Public history of 15+ years in business or in the industry · 1976piawv.com
  • Civic or community leadership role · Jay Parrack serves on Point Pleasant City Councilpiawv.com
  • Public history of 30+ years in business or in the industry · 1986piawv.com
What this rating was based on (5 factors)

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.

  1. Insurance or business association membership+15 pts
  2. Public history of 15+ years in business or in the industry (supporting)+10 pts
  3. Civic or community leadership role+10 pts
    • Jay Parrack serves on Point Pleasant City Councilpiawv.com
  4. Public history of 30+ years in business or in the industry (supporting)+5 pts
  5. Three or more named leaders (supporting)+5 pts

Total: 45 points → Agency Match score 45/100, rated Medium (High at 60+, Medium at 35+).

Confidence (separate from the rating): Medium confidence: 3+ public facts · 8 facts from 1 website.

Not known publicly: Whether the principals want to mentor or be mentored.

Business Partnerships

Medium · 50

Public signs the agency would complement others: niche specialties, referral or partner relationships, broad carrier access, both personal and commercial lines, and regional reach.

Agency Match score: 50/100 · Medium confidence: 3+ public facts

Why: Niche specialty line documented; three or more carriers named; several documented lines of business

  • Niche specialty line documented · Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurancepiawv.com
  • Three or more carriers named · Celinapiawv.com
  • Several documented lines of business · Auto, Home, Farm, Business, Life & Annuities, Specialty, Powersportspiawv.com
  • Two or more documented offices · 1301 Harrison Ave Elkins , WV 26241piawv.com
What this rating was based on (4 factors)

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.

  1. Niche specialty line documented+20 pts
    • Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurancepiawv.com
  2. Three or more carriers named+15 pts
  3. Several documented lines of business (supporting)+10 pts
    • Auto, Home, Farm, Business, Life & Annuities, Specialty, Powersportspiawv.com
    • Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurancepiawv.com
  4. Two or more documented offices (supporting)+5 pts

Total: 50 points → Agency Match score 50/100, rated Medium (High at 60+, Medium at 35+).

Confidence (separate from the rating): Medium confidence: 3+ public facts · 18 facts from 1 website.

Not known publicly: Which partnerships the agency would welcome; Carrier appointments not published online.

Record & channel

License recordPublicly sourced

West Virginia resident business-entity license #100112015 (NPN 8629034), licensed at Elkins, WV

sbs.naic.org
ChannelPublicly sourced

Independent agency

“today, that independence lets us quote with multiple insurance companies”
piawv.com
OwnershipUnknown

Not confirmed. Names on a website or license are not treated as proof of who owns the agency.

Website: piawv.com/elkins/about

Locations & footprint

Elkins, West Virginia

Operating office · North Central

PublishedBrowse city

Point Pleasant, West Virginia

Operating office · Mid-Ohio Valley

PublishedBrowse city

Buckhannon, West Virginia

Operating office · North Central

PublishedBrowse city

Documented offices are not necessarily the full service area. Acquisitions do not establish additional offices.

Highlights

Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life InsuranceFounding: 1976

Story so far

  1. 2004

    Ryan Parrack purchased agency from Jon Parrack Sr.

    Published
  2. —

    Tri-Point Insurance, Inc. established

    Published

People & affiliations

Ryan ParrackPublished

his son Ryan Parrack purchased the agency and has been carrying that legacy forward ever since.

Jon Parrack II (Founder)Published

Jon Parrack Insurance was founded in 1986 when Jon Parrack II purchased a retiring Nationwide agent's book of business

Jay Parrack (Son/Successor)Published

today Jon's son Jay is preparing to continue what his father built here in Point Pleasant.

Ryan Parrack Agency OwnerPublished

Ryan Parrack Agency Owner

Industry associationsPublished

Mason County Chamber of Commerce Member

Industry associationsPublished

Jay Parrack serves on Point Pleasant City Council

Names & entities

PARRACK INSURANCE AGENCY LLCRecord

Legal name on license record

Facts from published sources (41 verified)

Independent statusPublicly sourced

Independence evidence: today, that independence lets us quote with multiple insurance companies

“today, that independence lets us quote with multiple insurance companies”
piawv.com
Ownership restructuringPublicly sourced

Ownership change: When Jon Sr. ret

“When Jon Sr. ret”
piawv.com
Years leading agency 15plusPublicly sourced

Leadership tenure: his son Ryan Parrack purchased the agency and has been carrying that legacy forward ever since

“his son Ryan Parrack purchased the agency and has been carrying that legacy forward ever since”
piawv.com
Documented expansionPublicly sourced

Expansion: The agency operated as a Nationwide agency until 2020

“The agency operated as a Nationwide agency until 2020”
piawv.com
FoundingPublicly sourced

1976

“In 1976 , Ryan's father, Jon Parrack Sr., founded a Nationwide agency in Elkins”
piawv.com
LeadershipPublicly sourced

Ryan Parrack

“his son Ryan Parrack purchased the agency and has been carrying that legacy forward ever since.”
piawv.com
Ownership eventPublicly sourced

Ryan Parrack purchased agency from Jon Parrack Sr.

“When Jon Sr. retired in 2004, his son Ryan Parrack purchased the agency”
piawv.com
IndependentPublicly sourced

Independent since 2020

“The agency operated as a Nationwide agency until 2020 , when changes in Nationwide's business model forced a transition to independent status.”
piawv.com
CarrierPublicly sourced

Celina

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Geico

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Liberty Mutual

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Nationwide

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Progressive

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
Office locationPublicly sourced

1301 Harrison Ave Elkins , WV 26241

“Elkins Office 1301 Harrison Ave Elkins , WV 26241”
piawv.com
Line of businessPublicly sourced

Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurance

“Services Auto Insurance Home Insurance Farm Insurance Business Insurance Life Insurance”
piawv.com
Market servedPublicly sourced

Elkins and Randolph County, North Central West Virginia

“serving Elkins and Randolph County since 1976”
piawv.com
Office locationPublicly sourced

809 Viand St, Point Pleasant, WV 25550

“Our office at 809 Viand St, Point Pleasant, WV”
piawv.com
FoundingPublicly sourced

1986

“Jon Parrack Insurance was founded in 1986 when Jon Parrack II purchased a retiring Nationwide agent's book of business”
piawv.com
LeadershipPublicly sourced

Jon Parrack II (Founder)

“Jon Parrack Insurance was founded in 1986 when Jon Parrack II purchased a retiring Nationwide agent's book of business”
piawv.com
LeadershipPublicly sourced

Jay Parrack (Son/Successor)

“today Jon's son Jay is preparing to continue what his father built here in Point Pleasant.”
piawv.com
IndependentPublicly sourced

Independent Agency since 2020

“In 2020 , changes in Nationwide's business model meant we transitioned to becoming an independent agency”
piawv.com
Line of businessPublicly sourced

Auto, Home, Farm, Business, Life & Annuities, Specialty, Powersports

“Services Auto Insurance Home Insurance Farm Insurance Business Insurance Life & Annuities Group Health Insurance”
piawv.com
Market servedPublicly sourced

Mason County, WV

“Three generations of insurance agents serving Mason County with honesty, expertise, and genuine care since 1986.”
piawv.com
AssociationPublicly sourced

Mason County Chamber of Commerce Member

“We're active members of the Mason County Chamber of Commerce .”
piawv.com
AssociationPublicly sourced

Jay Parrack serves on Point Pleasant City Council

“Jay serves on Point Pleasant City Council, the City Planning Commission, the City Historical Landmark Commission, the Mason County Development Authority, and as Chairman of the Rivers Health Foundation.”
piawv.com
Ownership eventPublicly sourced

Tri-Point Insurance, Inc. established

“Along the way, Jon and Jay also established Tri-Point Insurance, Inc. to focus on commercial and non-profit accounts.”
piawv.com
Office locationPublicly sourced

1301 Harrison Ave Elkins , WV 26241

“Elkins Office 1301 Harrison Ave Elkins , WV 26241”
piawv.com
Office locationPublicly sourced

236 S Kanawha St Buckhannon , WV 26201

“Buckhannon Office 236 S Kanawha St Buckhannon , WV 26201”
piawv.com
LeadershipPublicly sourced

Leadership: Ryan Parrack Agency Owner

“Ryan Parrack Agency Owner”
piawv.com
Line of businessPublicly sourced

Auto Insurance, Home Insurance, Farm Insurance, Business Insurance, Life Insurance

“Services Auto Insurance Home Insurance Farm Insurance Business Insurance Life Insurance”
piawv.com
CarrierPublicly sourced

Celina

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Geico

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Liberty Mutual

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Nationwide

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
CarrierPublicly sourced

Progressive

“Carriers Nationwide Progressive Liberty Mutual GEICO Farmers & Mechanics Celina”
piawv.com
IndependentPublicly sourced

Jon Parrack Insurance is a separate, independently owned Parrack family agency

“Jon Parrack Insurance — a separate, independently owned Parrack family agency — has its own version of this page.”
piawv.com
Market servedPublicly sourced

Elkins, Randolph County and North Central West Virginia

“The dedicated insurance professionals serving Elkins, Randolph County and North Central West Virginia”
piawv.com
CarrierPublicly sourced

American Modern

“American Modern Insurance Group logo”
piawv.com
CarrierPublicly sourced

Dairyland

“Dairyland Insurance logo”
piawv.com
CarrierPublicly sourced

Next Insurance

“ERGO NEXT Insurance logo”
piawv.com
CarrierPublicly sourced

Foremost

“Foremost Insurance logo”
piawv.com