Position
Salary

How much does a Insurance Agent make?

The average salary for a Insurance Agent is $69,542 per year in the US.

An Insurance Agent earns a good salary. The average yearly salary for an Insurance Agent stands at $69,542. This means many professionals in this field can look forward to a steady income. The range of salaries shows there are good opportunities for earning more as you gain experience and success.


Let's break down the salary data to understand it better. Here is the salary distribution:

  • 20.85% earn $28,000
  • 24.60% earn $45,455
  • 24.32% earn $62,909
  • 11.55% earn $80,364
  • 8.27% earn $97,818
  • 2.58% earn $115,273
  • 0.86% earn $132,727
  • 0.47% earn $150,182
  • 0.22% earn $167,636
  • 0.31% earn $185,091
  • 0.98% earn $202,545
  • 0.22% earn $220,000 or more
Understanding this data helps job seekers see the potential earnings in this career.

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What are the highest paying cities for a Insurance Agent?

Insurance agents can find some of the best-paying opportunities in Minneapolis, MN. With an average salary of $115,445, this city offers top compensation for insurance professionals. Other cities with high salaries include New Haven, CT, and Boston, MA, where agents can earn around $106,469 and $97,824, respectively. For those seeking lucrative positions, these cities provide excellent opportunities. Hartford, CT, Baltimore, MD, and Provo, UT, also offer competitive salaries, ranging from $95,259 to $91,156. This data highlights where insurance agents can earn the most in the job market.
Graph displaying highest paying cities salaries for Insurance Agent jobs, highlighting Minneapolis, MN with the highest at $115,445 and Louisville, KY with the lowest at $86,544.
  1. Minneapolis, MN
    Average Salary: $115,445
    In Minneapolis, professionals find a dynamic market for insurance. Major companies like UnitedHealth Group and Thrivent Financial are prominent. The competitive environment offers ample opportunities for career growth.
    Find Insurance Agent jobs in Minneapolis, MN


  2. New Haven, CT
    Average Salary: $106,469
    New Haven provides a solid ground for insurance careers. Local companies like The Hartford and Aetna offer promising prospects. The community's focus on education and professional development benefits agents.
    Find Insurance Agent jobs in New Haven, CT


  3. Boston, MA
    Average Salary: $97,824
    Boston offers a rich landscape for insurance professionals. With giants like Liberty Mutual and MassMutual, the city is a hub for career advancement. The competitive yet collaborative environment fosters growth.
    Find Insurance Agent jobs in Boston, MA


  4. Baltimore, MD
    Average Salary: $95,778
    Baltimore presents a vibrant setting for insurance careers. Key players include Nationwide and B&H Global. The city's diverse market offers various opportunities for specialization.
    Find Insurance Agent jobs in Baltimore, MD


  5. Hartford, CT
    Average Salary: $95,259
    Hartford, known as the insurance capital, provides unique advantages. Major firms such as The Hartford and Travelers offer robust career paths. The city's rich history in insurance adds to its appeal.
    Find Insurance Agent jobs in Hartford, CT


  6. Provo, UT
    Average Salary: $91,156
    Provo offers a friendly and growing market for insurance professionals. Companies like Zions Bancorporation are expanding. The community's supportive environment aids in professional development.
    Find Insurance Agent jobs in Provo, UT


  7. Wichita, KS
    Average Salary: $89,667
    Wichita provides a stable and growing environment for insurance agents. Local firms like CenturyLink and Garmin are on the rise. The supportive community spirit aids career growth.
    Find Insurance Agent jobs in Wichita, KS


  8. College Station, TX
    Average Salary: $88,463
    College Station offers a blend of community and career growth. Companies like Texas Farm Bureau Insurance are key players. The area's educational focus benefits professional development.
    Find Insurance Agent jobs in College Station, TX


  9. Winston-Salem, NC
    Average Salary: $87,774
    Winston-Salem provides a balanced market for insurance careers. Companies like Truist Financial and Nationwide are significant. The city's historic roots offer a unique professional landscape.
    Find Insurance Agent jobs in Winston-Salem, NC


  10. Louisville, KY
    Average Salary: $86,544
    Louisville offers a vibrant market for insurance professionals. Major firms like Humana and Kentucky Farm Bureau are prominent. The city's growing economy provides many opportunities for advancement.
    Find Insurance Agent jobs in Louisville, KY

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

Companies like Accenture, Federal Employee Service Association, and Independent Insurance Agent offer top salaries for insurance agents. These employers provide competitive pay, which helps agents achieve financial stability. If you seek a well-paying job in insurance, these companies stand out as excellent choices. For those looking for a reliable career, WoodmenLife, NFP Corp, and Steadily Insurance Agency also offer attractive salaries. These firms value their employees' hard work and dedication, leading to higher compensation. Job seekers should consider these companies for rewarding opportunities in the insurance field.
Graph displaying best paying company salaries for Insurance Agent jobs, highlighting Accenture with the highest at $194,100 and Craig Zinn Automotive Group with the lowest at $112,500.
  1. Accenture
    Average Salary: $194,100
    Accenture offers top-notch benefits for Insurance Agents. They operate globally and provide competitive salaries. Insurance professionals enjoy the chance to work on cutting-edge projects.


  2. Federal Employee Service Association
    Average Salary: $170,952
    Federal Employee Service Association is a great place for Insurance Agents. They focus on serving government employees. The company offers a stable environment with excellent benefits.


  3. Independent Insurance Agent
    Average Salary: $170,155
    Working as an Insurance Agent with Independent Insurance Agent can be very rewarding. They provide a flexible work schedule and focus on personalized service. This company operates nationwide.


  4. WoodmenLife
    Average Salary: $159,829
    WoodmenLife offers Insurance Agents a supportive work culture. They focus on life insurance and financial services. Their employees enjoy a family-oriented atmosphere.


  5. NFP Corp
    Average Salary: $134,545
    NFP Corp is known for its strong industry reputation. They offer a variety of insurance services. Insurance Agents here benefit from a collaborative work environment.


  6. Steadily Insurance Agency
    Average Salary: $125,811
    Steadily Insurance Agency provides a dynamic setting for Insurance Agents. They specialize in tailored insurance solutions. Employees work in a fast-paced environment with growth opportunities.


  7. Farm Bureau Financial Services
    Average Salary: $125,338
    Farm Bureau Financial Services is a reputable company. They focus on agricultural insurance. Insurance Agents here enjoy competitive salaries and a supportive team.


  8. AgWest Farm Credit
    Average Salary: $124,800
    AgWest Farm Credit offers Insurance Agents the chance to work in agricultural finance. They provide excellent benefits and a stable work environment. The company operates in multiple locations.


  9. FasTrak Insurance Solutions Inc
    Average Salary: $121,498
    FasTrak Insurance Solutions Inc is a growing company. They offer innovative insurance products. Insurance Agents here enjoy a fast-paced work environment with career advancement opportunities.


  10. Craig Zinn Automotive Group
    Average Salary: $112,500
    Craig Zinn Automotive Group offers Insurance Agents the chance to work in a dynamic industry. They focus on automotive insurance. Employees benefit from a strong company culture and good benefits.

How to earn more as a Insurance Agent?

Insurance agents often find that their income can vary significantly based on a variety of factors. By focusing on specific strategies, an insurance agent can improve their earnings. Key areas to consider include the number of clients, the types of policies sold, continuous education, networking, and sales techniques.

A larger client base can lead to more commissions and referrals. Selling higher-value policies, such as life insurance and commercial insurance, often results in larger payouts. An agent who keeps learning and gets new certifications can offer better services. Networking with other professionals can also bring in new clients and opportunities. Lastly, mastering effective sales strategies can boost an agent's ability to close deals and increase income.

Consider these factors to enhance earnings:

  1. Increase client base
  2. Sell higher-value policies
  3. Pursue continuous education
  4. Network with other professionals
  5. Master sales techniques

Currently 3,718 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
3,718 Job Openings