The average salary for an Insurance Sales Agent is $38,832.
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What Do Insurance Sales Agents Do?
An insurance sales agent is a person who helps individuals choose a policy that most closely fits their needs. The sales agent will typically represent and work for an individual company, but independent agents who represent many smaller insurance entities exist as well. In any event, these sales-oriented employees help to match up individuals with home, car, and life insurance policies that offer acceptable coverage to the consumer and provide a profit to the company. In some cases, the sales a…Read more
Job Satisfaction for Insurance Sales Agent
Popular Employer Salaries for Insurance Sales Agent
The top respondents for the job title Insurance Sales Agent are from the companies State Farm Insurance Company, Allstate and Farmers Insurance Group. Reported salaries are highest at Geico where the average pay is $42,268. Other companies that offer high salaries for this role include Liberty Mutual Insurance Group and Bankers Life and Casualty Company, earning around $36,000 and $35,000, respectively. Allstate Insurance Company pays the lowest at around $28,250. State Farm Insurance Company and Allstate also pay on the lower end of the scale, paying $30,589 and $33,078, respectively.
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Somewhat common (8 - 20%)
Insurance Sales Agent Job Listings
What Are Popular Skills for Insurance Sales Agents?
Skills that pay less than market rate include Inside Sales, Customer Relations, Customer Service, Sales and Insurance.
What is the Pay by Experience Level for Insurance Sales Agents?
An entry-level Insurance Sales Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $33,679 based on 289 salaries. An early career Insurance Sales Agent with 1-4 years of experience earns an average total compensation of $34,759 based on 1,031 salaries. A mid-career Insurance Sales Agent with 5-9 years of experience earns an average total compensation of $39,994 based on 383 salaries. An experienced Insurance Sales Agent with 10-19 years of experience earns an average total compensation of $42,933 based on 406 salaries. In their late career (20 years and higher), employees earn an average total compensation of $46,860.
Pay Difference by Location
Employees with Insurance Sales Agent in their job title in Miami, Florida earn an average of 7.9% more than the national average. These job titles also find higher than average salaries in Houston, Texas (3.3% more) and Tampa, Florida (1.3% more). The lowest salaries can be found in Orlando, Florida (8.4% less), Dallas, Texas (7.3% less) and Charlotte, North Carolina (0.1% less).
Years of Experience
This data is based on 2,324 survey responses.