Insurance Agent Salary in the US
$40,865
per year
per month
$3,410
per month
per year
Bonus
$2,200/year
Commission
$5,200/year
Bonus
$180/month
Commission
$430/month
Insurance Agent - Average Salary
The average salary for an Insurance Agent is $40,865 per year ($3,410 per month), which is $12,625 (-24%) lower than the average salary in the United States.
An Insurance Agent can expect an average starting salary of $29,400. The highest salaries can exceed $70,350.
An Insurance Agent can expect an average starting salary of $29,400. The highest salaries can exceed $70,350.
$29,400
Low
$40,865
Average salary
$70,350
High
$2,450
Low
$3,410
Average salary
$5,860
High
Total pay includes salary, bonus and commission.
$500 $57,400 $115,250 | ||
Salary | $29,400 - 70,350 | |
Bonus | $500 - 12,500 | |
Commission | $500 - 32,400 | |
Total Pay | $30,400 - 115,250 |
$40 $4,780 $9,600 | ||
Salary | $2,450 - 5,860 | |
Bonus | $40 - 1,040 | |
Commission | $40 - 2,700 | |
Total Pay | $2,530 - 9,600 |
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Insurance Agent Salary Range
Among insurance agents in the U.S., Entry Level Insurance Agents tend to have the lowest salaries, while Life Insurance Agents and Commercial Insurance Agents enjoy the highest salaries.
Insurance Agent - Salary Differences
Job | Salary | Difference |
---|---|---|
Commercial Insurance Agent | $45K/year | +10% |
Life Insurance Agent | $43K/year | +6% |
Auto Insurance Agent | $43K/year | +5% |
Entry Level Insurance Agent | $29K/year | -28% |
Insurance Agent - Pay by Experience Level in the United States
An Entry Level Insurance Agent with less than three years of experience can expect to earn an average starting salary of $34,250 per year. A mid level Insurance Agent with 4-9 years of experience earns an average salary of $37,580, while a Senior Insurance Agent with 10-20 years of experience makes on average $46,320. Insurance agents with more than 20 years of experience earn $52,350 per year on average.
How Work Experience Affects the Salary of an Insurance Agent
Late Career | ▲ +28% |
Senior | ▲ +13% |
Average Salary | $40,865/year |
Mid Level | ▼ -8% |
Entry Level | ▼ -16% |
Gender Breakdown
Female
75%
75%
Male
25%
25%
Insurance Agent - Related Salaries
The salary information presented on this page is based on all Insurance Agent jobs published on Jobted in the last 12 months and on data from the Bureau of Labor Statistics (BLS.gov).
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Frequently asked questions about the salary of the Insurance Agent
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Insurance Agent Jobs