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Average Farmers Insurance life insurance agent salary

$43,248yearly

$30.07 hourly rate

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

How much does Farmers Insurance pay life insurance agents?

The average salary for Farmers Insurance life insurance agents is $43,248 per year. Farmers Insurance life insurance agent salaries range between $29,000 to $63,000 per year. Farmers Insurance life insurance agents earn 31% less than the national average salary for life insurance agents of $62,552.

Location impacts how much a life insurance agent at Farmers Insurance can expect to make. Life insurance agents at Farmers Insurance make the most in Mercer Island, WA, Portland, OR, and Phoenix, AZ.

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

Farmers Insurance pays life insurance agents the most in Mercer Island, WA, Portland, OR, and Phoenix, AZ. Additionally, cities like Los Angeles and Aurora also report highly competitive salaries for life insurance agents at Farmers Insurance.

Life insurance agent Farmers Insurance salary by location

RankCityAvg. salaryHourly rate
1Mercer Island, WA$87,660$42.14
2Portland, OR$80,301$38.61
3Phoenix, AZ$61,825$29.72
4Los Angeles, CA$59,885$28.79
5Aurora, CO$59,044$28.39
6Las Vegas, NV$55,674$26.77
7Wilmington, DE$55,094$26.49
8Minneapolis, MN$55,076$26.48
9Independence, OH$54,575$26.24
10Austin, TX$52,043$25.02

Highest-paid Farmers Insurance life insurance agents by job level

RankJob titleAverage salaryHourly rateJob openings
1Insurance Broker$88,307$42-
2Insurance Producer$48,829$238
3Licensed Insurance Producer$47,730$2311
4Insurance Adviser$45,094$221
5Commercial Lines Insurance Agent$42,920$21-
6Health Insurance Agent$39,371$19-
7Licensed Insurance Agent$38,637$193
8Insurance Sales Agent$38,555$1928
9Insurance Agent/Office Manager$38,391$18-
10Career Agent$37,852$18-

Life insurance agent salary at Farmers Insurance competitors

RankCompanyAverage salaryHourly rateJob openings
1Mutual of Omaha$87,399$42-
2Aflac$83,768$4059
3New York Life Insurance$68,675$3396
4American Family Insurance$67,520$325
5Liberty Mutual Insurance$64,629$316
6Cigna$64,158$31-
7Elevance Health$62,609$30-
8State Farm$62,565$3053
9Nationwide$60,429$293
10Unum$56,971$275
11Assurant$55,425$272
12State Farm Insurance Agency$55,347$271
13Auto-Owners Insurance$53,018$251
14Progressive$52,187$251
15The Travelers Companies$50,635$2461
16Mercury Insurance$46,642$22-
17GEICO$43,342$2186
18Allstate$42,681$21123

Farmers Insurance life insurance agent salary FAQ

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