Position
Salary

How much does a Insurance Agent make?

The average salary for a Insurance Agent is $69,505 per year in the US.

Insurance agents work to provide clients with policies and plans to protect them financially. These professionals earn a good salary, which can grow with experience and performance. On average, an insurance agent earns about $69,500 per year. This income can vary based on several factors, such as the number of clients, location, and experience.

The salary range for insurance agents can be broad. Some start at around $28,000, while others with more experience can earn over $200,000 annually. Many factors influence these figures, such as the type of insurance they sell and their performance. Insurance agents can also earn additional income through commissions and bonuses. This makes the job financially rewarding for those who excel in their roles.

View Insurance Agent jobs nearby

What are the highest paying cities for a Insurance Agent?

Minneapolis, MN, offers the highest pay for insurance agents, with an average salary of $112,949. New Haven, CT, closely follows, with insurance agents earning around $105,358 annually. Other top cities for high salaries include Provo, UT, and Hartford, CT, where insurance agents can expect competitive pay. Exploring insurance agent positions in cities like Baltimore, MD, and Boston, MA, also provides attractive salary opportunities. Manchester, NH, and College Station, TX, present decent earnings, while Fayetteville, AR, and Wichita, KS, round out the list with solid average salaries.
Graph displaying highest paying cities salaries for Insurance Agent jobs, highlighting Minneapolis, MN with the highest at $112,949 and Wichita, KS with the lowest at $85,093.
  1. Minneapolis, MN
    Average Salary: $112,949
    Minneapolis offers a dynamic environment for those in the insurance field. With prominent companies like UnitedHealth Group, job seekers can find diverse opportunities. The city's strong economy and active business scene make it an excellent place to thrive as an insurance professional.
    Find Insurance Agent jobs in Minneapolis, MN


  2. New Haven, CT
    Average Salary: $105,358
    New Haven provides a steady environment for insurance professionals. Companies like The Hartford offer solid career paths. The city's rich history and strong educational institutions support a thriving insurance sector, making it a great place to work.
    Find Insurance Agent jobs in New Haven, CT


  3. Provo, UT
    Average Salary: $94,580
    In Provo, insurance agents benefit from a supportive community and strong industry presence. Local companies value reliable professionals. The city’s family-oriented atmosphere and lower cost of living make it an appealing choice for those in the field.
    Find Insurance Agent jobs in Provo, UT


  4. Hartford, CT
    Average Salary: $94,434
    Hartford, known as the insurance capital, offers numerous opportunities. Major firms like Aetna create a competitive yet collaborative work environment. The city’s focus on insurance makes it an ideal place for career growth and stability.
    Find Insurance Agent jobs in Hartford, CT


  5. Baltimore, MD
    Average Salary: $93,747
    Baltimore provides a vibrant setting for insurance careers. With companies like Transamerica, professionals enjoy diverse opportunities. The city’s mix of urban and suburban lifestyles makes it a great place to build a career.
    Find Insurance Agent jobs in Baltimore, MD


  6. Boston, MA
    Average Salary: $90,182
    Boston offers a bustling market for insurance professionals. Firms such as MassMutual provide ample opportunities. The city’s rich history and diverse economy support a thriving insurance sector, making it a dynamic place to work.
    Find Insurance Agent jobs in Boston, MA


  7. Manchester, NH
    Average Salary: $89,020
    Manchester presents a balanced environment for insurance careers. Local companies value skilled agents. The city’s lower cost of living and strong community support make it an attractive place to work.
    Find Insurance Agent jobs in Manchester, NH


  8. College Station, TX
    Average Salary: $87,530
    College Station offers a growing market for insurance agents. With companies like State Farm, professionals can find rewarding opportunities. The city’s vibrant college atmosphere and affordable living add to its appeal.
    Find Insurance Agent jobs in College Station, TX


  9. Fayetteville, AR
    Average Salary: $87,163
    Fayetteville provides a stable environment for insurance careers. Local firms value experienced agents. The city’s strong sense of community and reasonable living costs make it a great place to work.
    Find Insurance Agent jobs in Fayetteville, AR


  10. Wichita, KS
    Average Salary: $85,093
    Wichita offers a solid market for insurance professionals. With companies like Farmers Insurance, job seekers can find diverse opportunities. The city’s friendly atmosphere and lower living costs create a welcoming work environment.
    Find Insurance Agent jobs in Wichita, KS

What are the best companies a Insurance Agent can work for?

Top-paying companies for Insurance Agents include Accenture, Alfa Insurance, and Independent Insurance Agent. These companies offer competitive salaries, making them attractive for job seekers. Accenture leads with an average salary of $194,100, followed by Alfa Insurance at $188,893 and Independent Insurance Agent at $179,595. Also notable are Federal Employee Service Association, WoodmenLife, and Farm Bureau Financial Services. These firms provide strong compensation packages, with Federal Employee Service Association at $162,885, WoodmenLife at $148,764, and Farm Bureau Financial Services at $126,760. Looking for a rewarding career in insurance? Consider these companies for their excellent earning potential.
Graph displaying best paying company salaries for Insurance Agent jobs, highlighting Accenture with the highest at $194,100 and Camping World with the lowest at $121,250.
  1. Accenture
    Average Salary: $194,100
    Accenture offers competitive salaries for Insurance Agents. Working at Accenture, Insurance Agents can expect to serve clients in various locations. They offer their services globally, including major cities like New York, London, and Sydney.


  2. Alfa Insurance
    Average Salary: $188,893
    Alfa Insurance is known for its high salaries for Insurance Agents. They provide insurance solutions across the U.S., with a strong presence in areas such as Georgia, Alabama, and Florida.


  3. Independent Insurance Agent
    Average Salary: $179,595
    Independent Insurance Agents can earn good salaries by working with various insurance companies. They operate in numerous locations, tailoring services to meet local needs. Locations include California, Texas, and Illinois.


  4. Federal Employee Service Association
    Average Salary: $162,885
    This association offers a lucrative salary for Insurance Agents who work with federal employees. They operate nationwide, with significant offices in Washington D.C., and other major cities.


  5. WoodmenLife
    Average Salary: $148,764
    WoodmenLife provides a good salary for Insurance Agents. They focus on serving the needs of their clients across the U.S., with offices in Omaha and other states.


  6. Farm Bureau Financial Services
    Average Salary: $126,760
    Farm Bureau Financial Services offers competitive salaries for Insurance Agents. They provide insurance services in many states, including Illinois, Iowa, and Wisconsin.


  7. Steadily Insurance Agency
    Average Salary: $126,008
    Steadily Insurance Agency provides good compensation for Insurance Agents. They operate in various locations across the U.S., focusing on customer satisfaction.


  8. NFP Corp
    Average Salary: $125,331
    NFP Corp offers attractive salaries for Insurance Agents. They serve clients in multiple states, including New York, California, and Florida.


  9. SkyBlue Insurance
    Average Salary: $122,627
    SkyBlue Insurance provides competitive pay for Insurance Agents. They operate in several states, including Texas and Arizona, offering tailored insurance solutions.


  10. Camping World
    Average Salary: $121,250
    Camping World offers solid salaries for Insurance Agents. They serve customers across the U.S., with a significant presence in states like California and Florida.

How to earn more as a Insurance Agent?

Working as an insurance agent offers many opportunities to increase your earnings. To maximize your potential income, consider these key factors. Focus on building a strong client base by networking and maintaining good relationships. Always look for opportunities to grow your customer list through referrals and effective marketing.

Another important factor is staying informed about the latest industry trends and products. Attending workshops, webinars, and training sessions can enhance your knowledge and skills. This can help you provide better service and recommend suitable policies to your clients. Staying current with industry developments can also open doors to new opportunities and higher commissions.

Leverage technology to streamline your work processes. Using customer relationship management (CRM) software can help you manage client information and track sales more efficiently. Automation tools can save time and reduce manual errors, allowing you to focus more on selling. Investing in the right tools can improve your productivity and effectiveness.

Work on developing a specialized niche within the insurance industry. Focusing on areas like health, life, or auto insurance can make you a go-to expert for that field. Specializing can help you stand out in the market and attract clients who need specific types of coverage. A niche can also lead to higher commission rates and more referrals from clients in your specialty area.

Lastly, consider earning additional certifications and licenses. These credentials can boost your credibility and open up new income streams. For example, becoming a Chartered Property Casualty Underwriter (CPCU) can enhance your reputation and marketability. Additional qualifications can make you more attractive to employers and clients, leading to better job opportunities and higher earnings.

Currently 3,358 Insurance Agent job openings, nationwide.

How's the job market for a Insurance Agent in the US?

Learn what a Insurance Agent does, how to become one, and understand the job outlook. Get simple steps to start your career as a Insurance Agent today.
Position
Overview
Insurance Agent
3,358 Job Openings