Avg. Base Salary (USD)
The average salary for an Insurance Agent is $36,499 in 2023
What is the Pay by Experience Level for Insurance Agents?
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 $29,748 based on 20 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of $36,422 based on 41 salaries. A mid-career …Read more
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
FAQs About Insurance Agents
What is the highest pay for Insurance Agents?
Our data indicates that the highest pay for an Insurance Agent is $59k / year
What is the lowest pay for Insurance Agents?
Our data indicates that the lowest pay for an Insurance Agent is $26k / year
How can Insurance Agents increase their salary?
Increasing your pay as an Insurance Agent is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Agent that oversees more junior Insurance Agents, this experience can increase the likelihood to earn more.