Median pay for Experienced Insurance Agents lies in the neighborhood of $41K per year. Total cash incomes of Experienced Insurance Agents run from $28K to $71K, depending on bonuses that can occasionally exceed $12K, profit sharing that reaches $10K, and some commissions of nearly $34K. Geography and the company each impact pay for this group, with the former having the largest influence. Most Experienced Insurance Agents report high levels of job satisfaction. Although nearly one-half have medical coverage and slightly less than a third have dental coverage, more than two-fifths claim no health benefits at all. Respondents to the PayScale salary survey provided the data for this report.

$26,773 - $68,487
(Median)
$27K
$41K
$68K
MEDIAN: $41,384
10%
50%
90%

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$12.02 - $22.13
(Median)
$12
$16
$22
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$26,773 - $68,487  
   
Bonus
$307.67 - $11,635  
Profit Sharing
$0.00 - $10,000  
Commission
$959 - $34,436  
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).
)
$27,609 - $70,644  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 568
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$12.02 - $22.13  
   
Overtime
$18.25 - $37.23  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$307.67 - $11,635  
   
Commission
$959 - $34,436  
Profit Sharing
$0.00 - $10,000  
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).
)
$27,609 - $70,644  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 213
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Popular Employer Salaries for Insurance Agent


Heading up the field in terms of compensation, Geico offers the most; Experienced Insurance Agents earn $51K on average there.

State Farm Insurance Company offers the lowest pay in the field with a median salary of just $36K, but on the other end, some employees may earn up to $51K.

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Skills That Affect Insurance Agent Salaries

Account Sales
up arrow 13%

Customer Relations
up arrow 1%

National Average
$41,000

Sales
up arrow 2%

Customer Relationship Management (CRM)
up arrow 2%

Insurance
up arrow 3%

Customer Service
up arrow 3%

Inside Sales
up arrow 4%

Microsoft Office
up arrow 9%

Office Management
up arrow 28%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 123 votes.

Gender

Female
80 %
Male
20 %

Common Health Benefits

medical benefits
Medical: 51%
dental benefits
Dental: 31%
medical benefits
Vision: 26%
dental benefits
None: 44%
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