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Average Farmers Insurance licensed insurance agent salary

$38,637yearly

$26.02 hourly rate

Entry-level Farmers Insurance licensed insurance agent salary
$29,000 yearly
Updated April 5, 2024

How much does Farmers Insurance pay licensed insurance agents?

The average salary for Farmers Insurance licensed insurance agents is $38,637 per year. Farmers Insurance licensed insurance agent salaries range between $29,000 to $51,000 per year. Farmers Insurance licensed insurance agents earn 29% less than the national average salary for licensed insurance agents of $54,118.

Location impacts how much a licensed insurance agent at Farmers Insurance can expect to make. Licensed insurance agents at Farmers Insurance make the most in Los Angeles, CA, Mercer Island, WA, and Phoenix, AZ.

How much does Farmers Insurance pay licensed insurance agents by location?

Farmers Insurance pays licensed insurance agents the most in Los Angeles, CA, Mercer Island, WA, and Phoenix, AZ. Additionally, cities like Minneapolis and Pekin also report highly competitive salaries for licensed insurance agents at Farmers Insurance.

Licensed insurance agent Farmers Insurance salary by location

RankCityAvg. salaryHourly rate
1Los Angeles, CA$41,532$19.97
2Mercer Island, WA$41,472$19.94
3Phoenix, AZ$40,807$19.62
4Minneapolis, MN$40,751$19.59
5Pekin, IL$38,877$18.69
6Saint Louis, MO$38,374$18.45
7Wilmington, DE$38,242$18.39
8Davie, FL$38,005$18.27
9Austin, TX$37,790$18.17
10Denver, CO$37,458$18.01

Highest-paid Farmers Insurance licensed insurance agents by job level

RankJob titleAverage salaryHourly rateJob openings
1Insurance Broker$88,307$42-
2Sales Producer$87,129$4224
3Insurance Counselor$48,885$24-
4Insurance Producer$48,829$238
5Licensed Insurance Producer$47,730$2311
6Insurance Adviser$45,094$221
7Business Agent$45,094$22-
8Insurance Consultant$45,045$22-
9Life Insurance Agent$43,248$212
10Commercial Lines Insurance Agent$42,920$21-

Licensed insurance agent salary at Farmers Insurance competitors

RankCompanyAverage salaryHourly rateJob openings
1Aflac$79,423$3859
2Mutual of Omaha$76,621$37-
3New York Life Insurance$65,013$3195
4Cigna$63,491$3114
5Elevance Health$63,252$30-
6Liberty Mutual Insurance$58,129$286
7Unum$50,043$245
8American Family Insurance$49,756$245
9Assurant$47,438$232
10State Farm Insurance Agency$46,565$221
11State Farm$45,884$2253
12Nationwide$43,122$214
13Progressive$40,097$191
14Allstate$38,530$19132
15GEICO$37,660$1885
16Auto-Owners Insurance$37,018$181
17Mercury Insurance$36,135$17-
18The Travelers Companies$36,009$1761

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