The average salary for an Insurance Agent is $38,903.
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$25k - $64k
$306 - $12k
$199 - $11k
$521 - $27k
$25k - $61k
Your Market Worth Over Time
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Job Description for Insurance Agent
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 policie…Read more
Insurance Agent Tasks
- 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.
Popular Employer Salaries for Insurance Agent
The top respondents for the job title Insurance Agent are from the companies State Farm Insurance Company, Allstate and Farmers Insurance Group. Reported salaries are highest at Usaa Insurance where the average pay is $43,222. Other companies that offer high salaries for this role include Geico and AAA Insurance Company, earning around $40,629 and $38,323, respectively. State Farm Insurance Company pays the lowest at around $34,194. Nationwide Mutual Insurance Company and Farmers Insurance Group also pay on the lower end of the scale, paying $34,500 and $36,222, respectively.
Insurance Agent Job Listings
Popular Skills for Insurance Agent
Skills in Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations, Sales, Customer Service and Insurance.
Pay by Experience Level for Insurance Agent
An entry-level Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $33,505 based on 1,232 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of $34,788 based on 2,393 salaries. A mid-career Insurance Agent with 5-9 years of experience earns an average total compensation of $39,118 based on 1,087 salaries. An experienced Insurance Agent with 10-19 years of experience earns an average total compensation of $42,593 based on 1,270 salaries. In their late career (20 years and higher), employees earn an average total compensation of $46,091.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Insurance Agent in their job title in San Antonio, Texas earn an average of 10.2% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (4.7% more) and Dallas, Texas (2.2% more). The lowest salaries can be found in Atlanta, Georgia (7.1% less) and Houston, Texas (5.0% less).
Years of Experience
This data is based on 6,636 survey responses.