Updated August 22, 2022

Farmers Insurance Salary Estimate


$20.73 hourly

Entry level Salary
$24,000 yearly

How Much Does Farmers Insurance Pay?

Farmers Insurance pays $43,125 a year, on average, or $20.73 an hour. Farmers Insurance pays workers in the bottom 10th percentile under $24,000 a year, while the highest earners in the top 90th percentile make over $74,000. Farmers Insurance employees in different jobs earn different salaries. In engineering jobs, employees earn an average salary of $100,216. In human resources jobs, the average pay is $67,491. In terms of geography, Farmers Insurance pays the most to people working in Mercer Island, WA, Los Angeles, CA, and Denver, CO.

Highest Paying Jobs At Farmers Insurance

While the average employee salary at Farmers Insurance is $43,125, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Farmers Insurance are subject matter expert, senior software engineer, java developer, and business analyst. A typical subject matter expert salary at Farmers Insurance is $111,151. Other roles at Farmers Insurance include file clerk and cashier. A file clerk at Farmers Insurance earns an average yearly salary of $33,253.

Highest Paying Jobs At Farmers Insurance

RankJob TitleAverage Farmers Insurance SalaryHourly Rate
1Subject Matter Expert$111,151$53.44
2Senior Software Engineer$103,393$49.71
3Java Developer$101,587$48.84
4Business Analyst$93,179$44.80
5Applications Developer$91,571$44.02
6Senior Advocate$91,113$43.80
7Development Team Member$88,439$42.52
8Business Consultant$87,002$41.83
9Quality Assurance Analyst$84,858$40.80
10Personal Lines Underwriter$78,898$37.93
11Account Executive$75,501$36.30
12Team Leader$67,893$32.64
13Marketing Specialist$64,765$31.14
15Property Adjuster$52,940$25.45
16Commercial Underwriter$52,812$25.39
17Claims Adjuster$49,923$24.00
18Office Manager$49,100$23.61
19Claim Processor$47,742$22.95
20Total Loss Specialist$43,379$20.86

Highest Paying Farmers Insurance Competitor Salaries

Competitors of Farmers Insurance include The Travelers Companies, Mutual of Omaha, and New York Life Insurance. The average salaries at The Travelers Companies rank the highest, with their employees earning an average salary of $66,351 per year. The employees at Mutual of Omaha earn an average yearly salary of $62,751 per year, and the salaries at New York Life Insurance average $62,006 per year.

Salaries By Farmers Insurance Competitors

RankCompany NameZippia ScoreAverage Salary
1The Travelers Companies4.7$66,351
2Mutual of Omaha4.7$62,751
3New York Life Insurance4.8$62,006
4Mercury Insurance4.8$61,914
6Liberty Mutual Insurance4.8$56,895
8American Family Insurance4.8$52,133
9Auto-Owners Insurance4.3$52,120
16State Farm Insurance Agency3.9$42,448
18State Farm4.6$40,016

Average Pay By State For Farmers Insurance

RankStateAverage Farmers Insurance SalaryHourly Rate

How Much Does Farmers Insurance Pay By Location?

It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. Employees at Farmers Insurance earn different salaries depending on their region. Our data shows that Farmers Insurance employees in Mercer Island, WA get paid the most, where the average yearly pay is $51,213. This can be compared to Los Angeles, CA, where Farmers Insurance employees earn an average salary of $48,938.

Salaries By Location At Farmers Insurance

RankLocationAverage Farmers Insurance SalaryHourly Rate
1Mercer Island, WA$51,213$24.62
2Los Angeles, CA$48,938$23.53
3Denver, CO$46,430$22.32
4Minneapolis, MN$45,296$21.78
5Austin, TX$44,129$21.22
6Pekin, IL$44,100$21.20
7Caledonia, MI$43,499$20.91
8Phoenix, AZ$43,457$20.89
9Independence, OH$42,600$20.48
10Saint Louis, MO$42,456$20.41
11Olathe, KS$42,455$20.41
12Wilmington, DE$42,436$20.40
13Davie, FL$41,724$20.06
14Alpharetta, GA$41,638$20.02
15Oklahoma City, OK$39,839$19.15

Farmers Insurance Salaries By Department

Salaries at Farmers Insurance can vary depending on the department or organizational function. Employees who work in the engineering organizational function tend to get paid the most at at Farmers Insurance, earning an average yearly salary of $100,216. The human resources department also pays well, with an average salary of $67,491 per year. The lowest paying organizational functions at Farmers Insurance are customer service and administrative, where employees earn $36,587 and $39,425, respectively.

Salaries By Department At Farmers Insurance

RankDepartmentAverage Farmers Insurance SalaryHourly Rate
2Human Resources$67,491$32.45
8Customer Service$36,587$17.59

How Much Does Farmers Insurance Pay by Department?

Best Paying Farmers Insurance Customer Service Position Salaries

RankPositionAverage Farmers Insurance SalaryHourly Rate
1Customer Service Associate$37,492$18.02
2Claims Technician$37,288$17.93
3Call Center Representative$36,469$17.53
4Claims Associate$36,346$17.47
5Customer Service Representative$36,143$17.38
6Help Desk Analyst$34,545$16.61

Best Paying Farmers Insurance Finance Position Salaries

RankPositionAverage Farmers Insurance SalaryHourly Rate
1Actuarial Associate$100,114$48.13
2Senior Consultant, Consulting Services$97,910$47.07
3Senior Analyst$97,167$46.71
4Business Consultant$87,002$41.83
5Personal Lines Underwriter$78,898$37.93
6Product Analyst$72,934$35.06
7Property Adjuster$52,940$25.45
8Commercial Underwriter$52,812$25.39
9Claims Adjuster$49,923$24.00
10Finance Advisor$49,543$23.82
11Claim Processor$47,742$22.95
12Total Loss Specialist$43,379$20.86
13Claims Representative$42,064$20.22
14Insurance Assistant$39,630$19.05
15Insurance Specialist$37,758$18.15

Best Paying Farmers Insurance Sales Position Salaries

RankPositionAverage Farmers Insurance SalaryHourly Rate
1District Manager$81,007$38.95
2Account Executive$75,501$36.30
3Account Manager$63,696$30.62
4Sales Representative$40,261$19.36
5Commercial Specialist$39,155$18.82
6Insurance Sales Agent$38,555$18.54
7Insurance Agent$37,835$18.19
8Billing Specialist$36,827$17.71
9Lead Generator$28,868$13.88

Recently Added Farmers Insurance Salaries

JobLocationDate AddedSalary
Insurance Agency Manager Apprentice Program/Paid Training & Base PayKansas City, MO05/03/2023$35,000
Insurance Customer Service RepresentativeSaint Louis, MO05/01/2023$35,000
Life and Health Insurance AgentSaint Louis, MO05/01/2023$48,000
Insurance Customer Service RepresentativeDallas, TX05/01/2023$35,479
Bodily Injury Adjuster-Remote (Western Zone)Pine, AZ04/29/2023$59,904

Frequently Asked Questions About Farmers Insurance Salaries

Is The Pay Good At Farmers Insurance?

No, the pay is not good at Farmers Insurance. Compared to the industry average of $52,346 per year, the average annual salary at Farmers Insurance is $43,125, which is 17.62% lower.

What Is The Starting Pay At Farmers Insurance?

The starting pay at Farmers Insurance is $24,000 per year, or $11.54 per hour.

How Much Does Farmers Insurance Pay Compared To Allstate?

Farmers Insurance pays $43,125 per year on average compared to Allstate which pays $42,604. That works out to $20.73 per hour at Farmers Insurance, compared to $20.48 per hour at Allstate.

How Much Does Farmers Insurance Pay An Hour?

Farmers Insurance pays $20.73 an hour, on average.

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Zippia gives an in-depth look into the details of Farmers Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Farmers Insurance. The employee data is based on information from people who have self-reported their past or current employments at Farmers Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Farmers Insurance. The data presented on this page does not represent the view of Farmers Insurance and its employees or that of Zippia.

Farmers Insurance may also be known as or be related to Farmers Insurance Exchange, The Farmers Group, Inc., Farmers Group, Inc., Farmers Group Inc, Farmers Insurance Group and Farmers Insurance.