The average pay for an Insurance Agent is $35,964 per year. A skill in Sales Management is associated with high pay for this job.
Insurance Agent Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$23,779 - $62,597
(Median)
24K
29K
36K
46K
63K
MEDIAN: $35,964
10%
25%
50%
75%
90%
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Insurance Agent Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$9.88 - $19.57
(Median)
9
12
13
16
20
MEDIAN: $13.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$23,779 - $62,597  
   
Bonus
$0.00 - $10,273  
Profit Sharing
$0.00 - $8,217  
Commission
$0.00 - $47,481  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$22,976 - $66,906  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 1,724
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$9.88 - $19.57  
   
Overtime
$0.00 - $28.43  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $10,273  
   
Commission
$0.00 - $47,481  
Profit Sharing
$0.00 - $8,217  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$22,976 - $66,906  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 1,724
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Popular Employer Salaries for Insurance Agent
Job Description for Insurance Agent
Insurance is a general term for a type of prepaid policy that provides a policy holder with a financial benefit in case of calamity. Common kinds of policies include auto insurance, health insurance, life insurance, long-term disability coverage, and property/renter's insurance. An insurance agent typically sells one or more type of policy from an office environment such as an agency, brokerage firm, or insurance company. Insurance agents who work for a brokerage firm will likely sell policies from several different insurance companies, while those hired by an insurance company serve as salespeople for their company's products.
Read More...
Insurance Agent Tasks
  • Process the paperwork to enroll customers in policies and calculate premiums.
  • Explain insurance policies to customers and help them customize policies to fit their needs.
  • Sell insurance policies to businesses or individuals.
  • Utilize referrals, phone calls, mailings, and other forms of advertising to generate new customers.
Read more about: Insurance Sales Agents
Popular Skills for Insurance Agent
Pay by Experience Level for Insurance Agent
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Indianapolis
up arrow 65%
up arrow 32%
up arrow 26%
Tulsa
up arrow 22%
up arrow 19%
Jacksonville
up arrow 14%
Los Angeles
up arrow 14%
up arrow 13%
up arrow 10%
Miami
up arrow 9%
up arrow 8%
Charlotte
up arrow 2%
National Average
$36,000
up arrow 1%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Insurance Agent Salaries

National Average
$36,000

Skills That Affect Insurance Agent Salaries

Sales Management
up arrow 47%
Account Sales
up arrow 8%
Oral / Verbal Communication
up arrow 2%
Insurance
0%
Sales
0%
National Average
$36,000
Customer Service
up arrow 4%
Customer Relations
up arrow 11%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 389 votes.
Gender
Female
73%
female alumni
 
Male
27%
male alumni
Years of Experience
Less than 1 year
6%
1-4 years
34%
5-9 years
24%
10-19 years
23%
20 years or more
13%
Common Health Benefits
medical benefits Medical: 52% dental benefits Dental: 32%
vision benefits Vision: 24% employee benefits None: 45%
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