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Experienced Insurance Agent Salary

Experienced Insurance Agents can expect only a modest salary, with average pay of just $40K annually. Cash earnings of Experienced Insurance Agents can occasionally include $10K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $26K to almost $71K. Health benefits are not claimed by all — just over two-fifths lack any form of coverage — but more than half have medical insurance, and slightly less than a third have dental, too. Most Experienced Insurance Agents report high levels of job satisfaction. Women make up the vast majority of Experienced Insurance Agents (80 percent) who answered the questionnaire. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$25,375 - $69,840
(Median)
$25K
$40K
$70K
MEDIAN: $39,808
10%
50%
90%

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$11.55 - $21.24
(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
$25,375 - $69,840  
   
Bonus
$0.00 - $10,193  
Profit Sharing
$0.00 - $10,113  
Commission
$0.00 - $50,404  
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).
)
$25,956 - $71,390  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 592
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
$11.55 - $21.24  
   
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 - $10,193  
   
Commission
$0.00 - $50,404  
Profit Sharing
$0.00 - $10,113  
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).
)
$25,956 - $71,390  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 236
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Skills That Affect Experienced Insurance Agent Salaries

Account Sales
up arrow 24%

National Average
$40,000

Insurance
up arrow 1%

Sales
up arrow 2%

Customer Relationship Management (CRM)
up arrow 4%

Inside Sales
up arrow 4%

Customer Service
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 153 votes.

Gender

Female
80 %
Male
20 %

Common Health Benefits

medical benefits Medical: 53% dental benefits Dental: 29%
vision benefits Vision: 21% employee benefits None: 44%
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