Experienced Insurance Agent Salary

Experienced Insurance Agents aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $40K per year. Final incomes of Experienced Insurance Agents generally vary between $26K and $72K; more lucrative packages include potential for bonuses, profit sharing, and commissions — occasionally as high as $10K each for the first two and $50K for the last. Female Experienced Insurance Agents far outnumber their male contemporaries among survey respondents. Most Experienced Insurance Agents report high levels of job satisfaction. While some workers in this profession — more than two-fifths — do not have any health coverage, a little more than half do receive medical benefits and just under a third have dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$25,514 - $69,840
(Median)
$26K
$40K
$70K
MEDIAN: $39,977
10%
50%
90%

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$11.66 - $21.19
(Median)
$12
$15
$21
MEDIAN: $15.00
10%
50%
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$24K$48K$72K
Salary
$25,514 - $69,840  
   
Bonus
$0.00 - $10,256  
Profit Sharing
$0.00 - $10,391  
Commission
$0.00 - $49,596  
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).
)
$26,366 - $71,693  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 622
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$13$26$39
Hourly Rate
$11.66 - $21.19  
   
Overtime
$0.00 - $38.90  
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$26K$52K$78K
Bonus
$0.00 - $10,256  
   
Commission
$0.00 - $49,596  
Profit Sharing
$0.00 - $10,391  
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).
)
$26,366 - $71,693  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 248
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Skills That Affect Experienced Insurance Agent Salaries

Account Sales
up arrow 30%

National Average
$40,000

Insurance
up arrow 1%

Inside Sales
up arrow 1%

Sales
up arrow 3%

Customer Relationship Management (CRM)
up arrow 4%

Customer Service
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 154 votes.

Gender

Female
81 %
Male
19 %

Common Health Benefits

medical benefits Medical: 54% dental benefits Dental: 30%
vision benefits Vision: 22% employee benefits None: 43%
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