Experienced Insurance Agent Salary

The average Experienced Insurance Agent can expect to rake in roughly $41K per year. Including potential for bonuses, profit sharing and commission — peaking near $10K, $15K, and $30K, respectively — total cash payment to Experienced Insurance Agents can bottom out near $29K or top out at around $71K. Residence and the company each impact pay for this group, with the former having the largest influence. Although a little less than one-half lack health benefits of any kind, close to one-half do enjoy medical insurance, and slightly less than a third get dental coverage, too. For the most part, Experienced Insurance Agents enjoy their work and report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$28,447 - $67,999
$28K
$41K
$68K
MEDIAN: $41,273
10%
50%
90%

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$12.21 - $22.54
$12
$16
$23
MEDIAN: $16.12
10%
50%
90%

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$0$70K
Salary $28,447 - $67,999
Bonus $247.17 - $10,293
Profit Sharing $0.00 - $14,740
Commission $895 - $30,000
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).
)
$28,882 - $70,502
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 539
Hourly Data $0$32
Hourly Rate $12.21 - $22.54
Overtime $20.00 - $32.36
Annual Data $0$70K
Bonus $247.17 - $10,293
Commission $895 - $30,000
Profit Sharing $0.00 - $14,740
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).
)
$28,882 - $70,502
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 218

Find Out Exactly What You Should Be Paid

United States (change)

Insurance Agent Job Listings

Popular Employer Salaries for Insurance Agent


Dominating the field, State Farm Insurance Company, Allstate, Allstate Insurance Company, Usaa Insurance, and Geico are top firms with a reputation for hiring a great number of Experienced Insurance Agents. Usaa Insurance offers the highest compensation with a median salary of $55K.

The consistently lowest paying firm is State Farm Insurance Company, where the median salary is just $36K. There isn't much variation there, either; the pay scale ranges only from $24K to $52K.

Key Stats for Insurance Agent

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 152 votes.
10-19 years
85%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Insurance Agent Salaries

Account Sales
▲18%

Customer Relations
▲2%

National Average
$41,000

Sales
▼1%

Customer Relationship Management (CRM)
▼1%

▼2%


Inside Sales
▼5%

Office Management
▼6%

Microsoft Office
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 152 votes.

Gender

Female
80 %
Male
20 %

Common Health Benefits

medical benefits
Medical: 50%
dental benefits
Dental: 31%
vision benefits
Vision: 27%
no benefits
None: 47%
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