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Insurance Producer Salary

Average Yearly Salary
Updated May 18, 2020
$73,000
$55,000
$73,000
$96,000
The average insurance producer makes about $73,587 per year. That's $35.38 per hour! Those in the lower 10%, such as entry-level positions, only make about $55,000 a year. Meanwhile, the top 10% are sitting pretty with an average salary of $96,000. Many of insurance producers seem to be drawn to insurance and finance companies. Unless they care more about money, in which case insurance producers tend to work at finance, agriculture, and automotive companies. Even the employees who work in these industries can confirm that's where the money is. Although money is important, a lot of people base their career decisions solely on location. That's why we found that Washington, New York and Idaho pay insurance producers the highest salaries.
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Map of Insurance Producer Salaries

The darker areas on the map show where Insurance Producers earn the highest salaries across all 50 states.

Average Salary

Average Insurance Producer Salary By Location

Throughout the U.S., the average salary for an insurance producer is roughly $73,587 per year, which boils down to $35.38 per hour. Interestingly enough, insurance producers have the highest salaries in Seattle, WA at about $78,851 per year. For those who are just starting out, the average entry-level salary in Seattle, WA is $59,000. Additionally, insurance producers make more than the average salary in Scottsdale, AZ, Portland, OR, Glendora, CA, Philadelphia, PA, and Chicago, IL. On a more broad level, insurance producer salaries are highest in Washington, New York, Idaho, Arizona, New Jersey, Nevada, and Maine. On the contrary, Oklahoma, Nebraska, and Michigan offer the lowest insurance producer salaries.

City
Average Salary
Seattle, WA
Seattle, WA
$78,851
$79k
Scottsdale, AZ
Scottsdale, AZ
$76,745
$77k
Portland, OR
Portland, OR
$70,043
$70k
Glendora, CA
Glendora, CA
$69,345
$69k
Philadelphia, PA
Philadelphia, PA
$68,689
$69k
Chicago, IL
Chicago, IL
$67,183
$67k
Brooklyn Park, MN
Brooklyn Park, MN
$65,715
$66k
Overland Park, KS
Overland Park, KS
$64,789
$65k
Norfolk, VA
Norfolk, VA
$64,634
$65k
Milwaukee, WI
Milwaukee, WI
$64,289
$64k

High Paying Insurance Producer Jobs

Average Insurance Producer Salary By Company

If you want to get paid the most as an insurance producer, being employed by a company such as BOK Financial or Johnson Financial Group would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like Marsh & McLennan Companies and Hub International also report highly competitive salaries for insurance producers.

The largest raises come from changing jobs.

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Insurance Producer Salary History

Compare salaries for individual cities or states with the national average.

    Average Insurance Producer Pay By Industry

    The salary for an insurance producer can vary depending on what industry the job is in. The highest salaries for insurance producers tend to be found in finance, agriculture, and automotive companies. In fact, insurance producers can make a yearly salary of $75,722 while working for finance companies.

    Industry
    Average Salary
    Finance
    Finance
    $75,722
    $76k
    Agriculture
    Agriculture
    $74,744
    $75k
    Automotive
    Automotive
    $74,275
    $74k
    Insurance
    Insurance
    $72,820
    $73k

    Insurance Producer Salary By Experience Level

    The salary for an insurance producer can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

    Recently Added Insurance Producer Salaries

    CompanyJobLocationDate AddedSalary
    Outside Sales Insurance Producer
    Outside Sales Insurance Producer
    Watkinsville, GA
    Watkinsville, GA
    10/26/2020
    10/26/2020
    $30,000
    $30,000
    10/26/2020
    Personal Lines Insurance Producer-Can BE Remote Position
    Personal Lines Insurance Producer-Can BE Remote Position
    Glendora, CA
    Glendora, CA
    10/21/2020
    10/21/2020
    $45,000
    $45,000
    10/21/2020
    Insureon
    Insureon
    Insurance Producer
    Insurance Producer
    Insurance Producer
    Chicago, IL
    Chicago, IL
    09/24/2020
    09/24/2020
    $100,000
    $100,000
    09/24/2020
    Insurance Resourcing
    Insurance Resourcing
    Insurance Producer: Salary + Commission and Paid Benefits
    Insurance Producer: Salary + Commission and Paid Benefits
    Insurance Producer: Salary + Commission and Paid Benefits
    Kirkland, WA
    Kirkland, WA
    07/29/2020
    07/29/2020
    $48,000
    $48,000
    07/29/2020
    Outside Sales Insurance Producer
    Outside Sales Insurance Producer
    Watkinsville, GA
    Watkinsville, GA
    06/19/2020
    06/19/2020
    $30,000
    $30,000
    06/19/2020
    Commercial Insurance Producer
    Commercial Insurance Producer
    Santa Clarita, CA
    Santa Clarita, CA
    06/11/2020
    06/11/2020
    $50,000
    $50,000
    06/11/2020
    Rural Mutual Insurance
    Rural Mutual Insurance
    Professional Insurance Producer
    Professional Insurance Producer
    Professional Insurance Producer
    Port Washington, WI
    Port Washington, WI
    05/30/2020
    05/30/2020
    $35,000
    $35,000
    05/30/2020
    Zoo City Financial-SFG
    Zoo City Financial-SFG
    Remote Life Insurance Producer
    Remote Life Insurance Producer
    Remote Life Insurance Producer
    Greensboro, NC
    Greensboro, NC
    05/26/2020
    05/26/2020
    $50,000
    $50,000
    05/26/2020
    Personal Lines Insurance Producer-Can BE Remote Position
    Personal Lines Insurance Producer-Can BE Remote Position
    Glendora, CA
    Glendora, CA
    05/07/2020
    05/07/2020
    $45,000
    $45,000
    05/07/2020
    Insurance Producer
    Insurance Producer
    Skokie, IL
    Skokie, IL
    05/04/2020
    05/04/2020
    $40,000
    $40,000
    05/04/2020