Insurance Sales Agent at State Farm Insurance Company Salary

An Insurance Sales Agent at State Farm Insurance Company earns an average salary of $29,189 per year. Most people with this job move on to other positions after 20 years in this career. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience. A skill in Computer Service is associated with high pay for this job.

$22,642 - $43,879
$23K
$29K
$44K
MEDIAN: $29,344
10%
50%
90%

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$9.42 - $17.70
$9
$12
$18
MEDIAN: $12.29
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$16K$32K$48K
Salary
$22,642 - $43,879  
   
Bonus
$97.87 - $16,107  
Profit Sharing
$7,000  
Commission
$1,017 - $17,566  
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).
)
$22,271 - $47,727  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 103
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$8$16$24
Hourly Rate
$9.42 - $17.70  
   
Overtime
$16.50  
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$16K$32K$48K
Bonus
$97.87 - $16,107  
   
Commission
$1,017 - $17,566  
Profit Sharing
$7,000  
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).
)
$22,271 - $47,727  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 55

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Pay by Experience Level for Insurance Sales Agent

Pay by Experience for an Insurance Sales Agent has a positive trend. An entry-level Insurance Sales Agent with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 112 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Sales Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $39,000 based on 35 salaries. An experienced Insurance Sales Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $45,000 based on 17 salaries. An Insurance Sales Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $33,000 based on 9 salaries.

Key Stats for Insurance Sales Agent

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.
Less than 1 year
10%
1-4 years
55%
5-9 years
18%
10-19 years
11%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Sales Agent Salaries

▲39%

▲22%

▲1%

National Average
$32,000

▼7%

Skills That Affect Insurance Sales Agent Salaries

Computer Service
▲16%

Spanish Language
▲8%

Leadership
▲8%

Microsoft Office
▲5%



▲1%

Insurance
▼0%

Customer Relations
▼0%

Strategic Sales
▼0%

National Average
$32,000


Sales Management
▼2%


▼4%

Marketing Communications
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
10%
1-4 years
55%
5-9 years
18%
10-19 years
11%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 27%
dental benefits
Dental: 15%
vision benefits
Vision: 9%
no benefits
None: 73%
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