Insurance Agent at State Farm Insurance Company Salary

Pay for Insurance Agents at State Farm Insurance Company is very modest at just $32K annually. About one in four report receiving medical coverage from their employers and slightly less than one-fifth collect dental insurance. Most Insurance Agents at State Farm Insurance Company like their work and job satisfaction is high. Men are in the minority of survey respondents, with female Insurance Agents at State Farm Insurance Company making up 74 percent. Respondents to the PayScale salary survey provided the data for this report.

$20,603 - $49,819
$21K
$33K
$50K
MEDIAN: $32,938
10%
50%
90%

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$10.82 - $18.36
$11
$14
$18
MEDIAN: $13.62
10%
50%
90%

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$0$51K
Salary $20,603 - $49,819
Bonus $148.99 - $17,754
Profit Sharing $1,750
Commission $988 - $20,273
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).
)
$24,546 - $51,607
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 90
Hourly Data $0$23
Hourly Rate $10.82 - $18.36
Overtime $23.00
Annual Data $0$51K
Bonus $148.99 - $17,754
Commission $988 - $20,273
Profit Sharing $1,750
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).
)
$24,546 - $51,607
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 63

Find Out Exactly What You Should Be Paid

United States (change)

Insurance Agent Job Listings

Pay by Experience Level for Insurance Agent

Pay by Experience for an Insurance Agent has a positive trend. An entry-level Insurance Agent with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 115 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 16 salaries. An experienced Insurance Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 24 salaries. An Insurance Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 12 salaries.

State Farm Insurance Company Reviews

Q: What is it like working as an Insurance Agent at State Farm Insurance Company?

Insurance Agent in Urbana:
"High Stress, Small Local Office, Lots of work, Casual."
Pros: Relationships with clients. Team atmosphere. Group goals met by individual goals.
Cons: Too much work, not enough employees, tasks not spread evenly throughout the office. Regularly thinking "I'm not being paid enough for this."

Insurance Agent in El Dorado:
Pros: The enviroment, the product.
Cons: The pay.

Key Stats for Insurance Agent

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.
Less than 1 year
10%
1-4 years
52%
5-9 years
13%
10-19 years
19%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Agent Salaries

▲52%

▲6%

▼0%

National Average
$34,000

▼7%

Skills That Affect Insurance Agent Salaries

Account Sales
▲4%

National Average
$34,000

Office Management
▼1%

▼2%


▼2%

Insurance
▼4%

Customer Relations
▼6%


Microsoft Office
▼19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
10%
1-4 years
52%
5-9 years
13%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 23%
dental benefits
Dental: 16%
vision benefits
Vision: 13%
no benefits
None: 76%
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