Avg. Base Hourly Rate (USD)
The average hourly pay for an Insurance Agent is $13.48
What is the Pay by Experience Level for Insurance Agents?
An early career Insurance Agent with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $13.23 based on 7 salaries. An experienced Insurance Agent with 10-19 years of experience earns an average total compensation of $14.38 based on 6 salaries.
What Do Insurance Agents Do?
Insurance is a general term for a type of prepaid policy that provides a policy holder with a financial benefit in case of calamity. Common kinds of policies include auto insurance, health insurance, life insurance, long-term disability coverage, and property/renter's insurance. An insurance agent typically sells one or more type of policy from an office environment such as an agency, brokerage firm, or insurance company. Insurance agents who work for a brokerage firm will likely sell …Read more
- Sell insurance policies to businesses or individuals.
- Utilize referrals, phone calls, mailings, and other forms of advertising to generate new customers.
- Process the paperwork to enroll customers in policies and calculate premiums.
- Explain insurance policies to customers and help them customize policies to fit their needs.