Position
Salary

How much does a Insurance Agent make?

The average salary for a Insurance Agent is $70,026 per year in the US.

An insurance agent helps people find and buy the right insurance plans. This job can be rewarding and offers good earning potential. On average, an insurance agent makes about $70,000 per year. Some agents start with lower earnings, while others with more experience can earn much more.

The salary of an insurance agent often depends on several factors. These include the agent's experience, the region where they work, and the type of insurance they sell. Here are some examples of what different insurance agents might earn:

  • 20.46% of insurance agents earn around $28,000 a year.
  • 23.88% of insurance agents earn about $45,455 a year.
  • 24.38% of insurance agents earn close to $62,909 a year.
  • 12.47% of insurance agents earn approximately $80,364 a year.
  • 8.40% of insurance agents earn roughly $97,818 a year.
  • 2.46% of insurance agents earn nearly $115,273 a year.
  • 0.87% of insurance agents earn around $132,727 a year.
  • 0.54% of insurance agents earn about $150,182 a year.
  • 0.22% of insurance agents earn close to $167,636 a year.
  • 0.32% of insurance agents earn approximately $185,091 a year.
  • 1.00% of insurance agents earn about $220,000 a year.
View Insurance Agent jobs nearby

What are the highest paying cities for a Insurance Agent?

Looking for top-paying cities to work as an insurance agent? Minneapolis, MN, leads the way with the highest average salary. New Haven, CT, and Hartford, CT, also offer competitive pay. Baltimore, MD, and Provo, UT, follow closely behind. Job seekers can expect to earn well in these cities. Boston, MA, and Manchester, NH, provide strong opportunities. Wichita, KS, and College Station, TX, also stand out. Fayetteville, AR, rounds out the list of high-earning places for insurance agents.
Graph displaying highest paying cities salaries for Insurance Agent jobs, highlighting Minneapolis, MN with the highest at $115,202 and Fayetteville, AR with the lowest at $87,489.
  1. Minneapolis, MN
    Average Salary: $115,202
    Working in Minneapolis offers a dynamic environment for insurance professionals. With major companies like Thrivent and U.S. Bank Insurance Services, opportunities for growth and career development are abundant. The city's strong economy and diverse population create a fertile ground for sales and client engagement.
    Find Insurance Agent jobs in Minneapolis, MN


  2. New Haven, CT
    Average Salary: $112,445
    New Haven provides a vibrant setting for those in the insurance field. Home to companies like The Hartford, it offers a mix of local and national opportunities. The city's rich history and educational institutions attract a diverse client base, making it a rewarding place to work.
    Find Insurance Agent jobs in New Haven, CT


  3. Hartford, CT
    Average Salary: $94,630
    Hartford, often called the insurance capital, is ideal for professionals in this sector. With prominent companies like Aetna and Travelers, it's a hub for industry leaders. The city's focus on insurance provides a supportive community and excellent career prospects.
    Find Insurance Agent jobs in Hartford, CT


  4. Baltimore, MD
    Average Salary: $93,886
    Baltimore offers a unique mix of urban and suburban living for insurance agents. With companies like Nationwide and prudential, there are many avenues for advancement. The city's diverse culture and strong community presence enhance the work experience.
    Find Insurance Agent jobs in Baltimore, MD


  5. Provo, UT
    Average Salary: $93,011
    In Provo, insurance professionals can enjoy a balanced lifestyle. Companies such as Zions Bank and Nationwide provide diverse opportunities. The city's strong family values and growing economy make it a great place to build a career.
    Find Insurance Agent jobs in Provo, UT


  6. Boston, MA
    Average Salary: $91,933
    Boston is a bustling city for insurance agents. With giants like State Street and Liberty Mutual, there are many chances to learn and grow. The city's rich history and educational institutions provide a stimulating environment for professionals.
    Find Insurance Agent jobs in Boston, MA


  7. Manchester, NH
    Average Salary: $88,122
    Manchester offers a friendly atmosphere for insurance professionals. Companies such as Liberty Mutual and Anthem provide solid career opportunities. The city's growing economy and lower cost of living make it an attractive place to work.
    Find Insurance Agent jobs in Manchester, NH


  8. Wichita, KS
    Average Salary: $87,877
    Wichita provides a welcoming environment for insurance agents. With companies like Old Republic and Farmers Insurance, there are many opportunities to thrive. The city's strong business community and moderate climate make it a pleasant place to work.
    Find Insurance Agent jobs in Wichita, KS


  9. College Station, TX
    Average Salary: $87,677
    College Station is a vibrant city for those in the insurance field. With institutions like Texas A&M University, there are many opportunities to connect with clients. The city's strong educational focus and family-friendly environment enhance the work experience.
    Find Insurance Agent jobs in College Station, TX


  10. Fayetteville, AR
    Average Salary: $87,489
    Fayetteville offers a dynamic setting for insurance professionals. With companies like Alltel and American National, there are diverse opportunities. The city's strong economy and vibrant community make it an excellent place to build a career.
    Find Insurance Agent jobs in Fayetteville, AR

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

Alfa Insurance leads the pack for top-paying jobs for insurance agents, offering an average salary of $199,000. Accenture follows closely, with an average salary of $194,100. Independent Insurance Agents also provide competitive pay, averaging $170,155 annually. Federal Employee Service Association and WoodmenLife offer solid compensation packages, with averages of $168,125 and $163,284, respectively. NFP Corp, Farm Bureau Financial Services, and Steadily Insurance Agency round out the list of high-paying opportunities for insurance agents, each providing salaries above $120,000.
Graph displaying best paying company salaries for Insurance Agent jobs, highlighting Alfa Insurance with the highest at $199,000 and SkyBlue Insurance with the lowest at $123,696.
  1. Alfa Insurance
    Average Salary: $199,000
    Alfa Insurance provides exciting opportunities for Insurance Agents in various locations. It is known for its competitive benefits and strong company culture. The company operates across multiple states including Illinois, California, and New York.


  2. Accenture
    Average Salary: $194,100
    At Accenture, Insurance Agents can expect to earn a high salary. The company values innovation and has a global presence. It operates in key areas like New York, California, and Texas.


  3. Independent Insurance Agent
    Average Salary: $170,155
    Independent Insurance Agent is a well-known employer for Insurance Agents. It offers flexibility and a strong support system. The company has locations in major cities including Chicago, Los Angeles, and Houston.


  4. Federal Employee Service Association
    Average Salary: $168,125
    Federal Employee Service Association provides rewarding careers for Insurance Agents. It is recognized for its stability and comprehensive benefits. The company operates primarily in Washington, D.C., and surrounding areas.


  5. WoodmenLife
    Average Salary: $163,284
    WoodmenLife offers excellent opportunities for Insurance Agents. It focuses on customer service and has offices in many cities including Omaha and Lincoln. The company is known for its employee-friendly policies.


  6. NFP Corp
    Average Salary: $129,400
    NFP Corp provides a solid career path for Insurance Agents. It values teamwork and has a presence in several states like Massachusetts, New York, and California. The company offers a supportive work environment.


  7. Farm Bureau Financial Services
    Average Salary: $126,617
    Farm Bureau Financial Services offers a rewarding experience for Insurance Agents. It focuses on community and has offices in many rural areas. The company provides excellent training and support.


  8. Steadily Insurance Agency
    Average Salary: $125,972
    Steadily Insurance Agency is a good choice for Insurance Agents. It is known for its stability and offers a good work-life balance. The company operates in several states including Florida, New York, and California.


  9. AgWest Farm Credit
    Average Salary: $124,800
    AgWest Farm Credit offers opportunities for Insurance Agents. It focuses on the agricultural sector and has offices in the Midwest. The company is known for its supportive environment.


  10. SkyBlue Insurance
    Average Salary: $123,696
    SkyBlue Insurance provides a good salary and benefits for Insurance Agents. It is known for its innovative approach and has offices in major cities like San Francisco and Seattle.

How to earn more as a Insurance Agent?

Becoming a top-earning insurance agent requires a mix of skills, dedication, and smart strategies. It involves understanding the market, building strong relationships, and continuously improving your expertise. This path can lead to higher earnings and greater job satisfaction. Successful agents focus on several key areas to boost their income and enhance their career.

First, mastering the product knowledge is crucial. Insurance agents must understand various insurance products and their benefits. They should know how to explain these products to clients clearly. This knowledge helps agents recommend the best solutions for clients' needs. Second, developing strong communication skills is vital. Agents need to listen to clients, understand their needs, and explain options effectively. Good communication builds trust and can lead to more sales. Third, building a strong network of clients and referrals is important. Agents who maintain good relationships with clients often receive repeat business and referrals. Fourth, leveraging technology and tools can increase efficiency. Using CRM systems and online platforms can help manage clients and track progress. Lastly, continuous education and training keep agents updated on the latest trends and products in the industry. This ongoing learning helps agents stay competitive and offer the best service.

Here are five factors to consider to earn more as an insurance agent:

  1. Enhance product knowledge.
  2. Develop strong communication skills.
  3. Build and maintain client relationships.
  4. Use technology and tools effectively.
  5. Commit to continuous education.

Currently 3,186 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
3,186 Job Openings