Farmers Insurance owner salary

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Average Farmers Insurance owner salary

$114,788yearly

$43.43 hourly rate

Entry-level Farmers Insurance owner salary

$75,000 yearly

Updated April 5, 2024

How much does Farmers Insurance pay owners?

The average salary for Farmers Insurance owners is $114,788 per year. Farmers Insurance owner salaries range between $75,000 to $174,000 per year. Farmers Insurance owners earn 27% more than the national average salary for owners of $90,334.

Location impacts how much a owner at Farmers Insurance can expect to make. Owners at Farmers Insurance make the most in Mercer Island, WA, Wilmington, DE, and Caledonia, MI.

How much does Farmers Insurance pay owners by location?

Farmers Insurance pays owners the most in Mercer Island, WA, Wilmington, DE, and Caledonia, MI. Additionally, cities like Los Angeles and Pekin also report highly competitive salaries for owners at Farmers Insurance.

Owner Farmers Insurance salary by location

Rank	City	Avg. salary	Hourly rate
1	Mercer Island, WA	$164,648	$79.16
2	Wilmington, DE	$149,461	$71.86
3	Caledonia, MI	$134,279	$64.56
4	Los Angeles, CA	$134,106	$64.47
5	Pekin, IL	$134,092	$64.47
6	Albuquerque, NM	$123,950	$59.59
7	Minneapolis, MN	$119,952	$57.67
8	Portland, OR	$118,919	$57.17
9	Independence, OH	$113,463	$54.55
10	Aurora, CO	$113,045	$54.35

Highest-paid Farmers Insurance owners by job level

Rank	Job title	Average salary	Hourly rate	Job openings
1	President Of Operations	$207,704	$100	-
2	Chief Executive Officer	$200,371	$96	-
3	Chief Creative Officer	$199,313	$96	-
4	President/Chief Executive Officer	$190,267	$91	-
5	President	$184,195	$89	-
6	Owner/Operator	$173,048	$83	-
7	Chief Executive Officer And Operator	$153,341	$74	-
8	President And General Manager	$152,879	$74	-
9	Chief Executive Officer/Manager	$134,034	$64	-
10	Chief Executive Officer/Partner	$130,402	$63	-

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Recent salaries for owners at farmers insurance

Job	Location	Date added	Salary
Agency Owner	Tucson, AZ	06/21/2025	$200,000
Agency Owner	Topeka, KS	05/27/2025	$200,000
Agency Owner	Tucson, AZ	05/27/2025	$200,000
Small Business Owner	Fort Collins, CO	04/24/2025	$60,000
Insurance Agency Owner	El Paso, TX	03/24/2025	$70,000

Owner salary at Farmers Insurance competitors

Rank	Company	Average salary	Hourly rate	Job openings
1	Unum	$118,889	$57	11
2	Assurant	$117,685	$57	-
3	Liberty Mutual Insurance	$117,221	$56	3
4	Cigna	$116,253	$56	42
5	Allstate	$112,479	$54	93
6	American Family Insurance	$109,166	$52	70
7	Progressive	$108,374	$52	-
8	Nationwide	$103,852	$50	-
9	New York Life Insurance	$98,271	$47	5
10	Aflac	$96,776	$47	1
11	State Farm	$96,089	$46	-
12	The Travelers Companies	$94,591	$45	20
13	Auto-Owners Insurance	$88,219	$42	-
14	Elevance Health	$87,265	$42	-
15	Mutual of Omaha	$84,446	$41	-
16	State Farm Insurance Agency	$83,476	$40	-
17	Mercury Insurance	$72,598	$35	-
18	GEICO	$67,166	$32	4

Show more owner salaries at Farmers Insurance competitors.