Post Job
Updated April 6, 2023

Insurance Sales Agent Salary Estimate

$49,587

$23.84 hourly

Entry level Salary
$30,000 yearly

How much does an Insurance Sales Agent make?

The average salary for an insurance sales agent in the United States is $49,587. Insurance sales agent salaries typically range between $30,000 and $80,000 a year. The average hourly rate for insurance sales agents is $23.84 per hour.

Location, education, and experience impacts how much an insurance sales agent can expect to make. Insurance sales agents make the most in Hawaii, New York, California, Alabama, and New Hampshire.

Research Summary.
  • The average salary for an insurance sales agent is $49,587 in the US.
  • The average insurance sales agent salary ranges between $30,000 and $80,000 in the US.
  • Hourly rates for insurance sales agents in the US typically range between $14 and $38 an hour.
  • The average insurance sales agent salary is $79,606 in Hawaii, $64,958 in New York, and $60,721 in California. These are the three highest-paying states for insurance sales agents in the US.
  • Torchmark has the highest average salary for insurance sales agents.
  • Finance is the highest-paying industry for insurance sales agents in the US.

Highest Paying States For Insurance Sales Agents

While an insurance sales agent can average a salary of $49,587 per year, or $23.84 per hour, there are many opportunities for insurance sales agents to make more. For example, in New York, NY you might make $65,234 per year. Other high-paying locations include Mobile, AL, Los Angeles, CA and Portland, OR. If you're in an entry-level position, your best bet is to move to New York, NY where the average starting salary is $37,000. The highest paying states for insurance sales agents include Hawaii, New York and California. Meanwhile, Michigan, Maryland, and Oklahoma offer the lowest salaries.
  • State View
  • County View
Average Salary:

Insurance Sales Agent average salary by State

RankStateAvg. SalaryHourly RateJob Count
1Hawaii$79,606$38.2794
2Alabama$59,659$28.68510
3Oregon$56,575$27.20610
4New Hampshire$57,568$27.68209
5Arizona$53,790$25.861,011
6New York$64,958$31.231,286
7Nebraska$51,660$24.84345
8Rhode Island$53,906$25.92168
9Louisiana$52,333$25.16495
10Colorado$55,935$26.89761
11Texas$53,530$25.742,303
12Mississippi$50,154$24.11318
13California$60,721$29.192,938
14Wisconsin$53,165$25.56564
15Connecticut$57,232$27.52323
16South Dakota$50,513$24.29145
17Florida$52,206$25.101,875
18Massachusetts$54,473$26.191,040
19Vermont$49,213$23.66143
20Ohio$48,231$23.191,457
21Arkansas$48,297$23.22341
22Missouri$48,917$23.52931
23Washington$54,433$26.17653
24Kansas$49,037$23.58301
25Minnesota$51,399$24.71554
26Iowa$47,422$22.80466
27Nevada$47,823$22.99299
28District of Columbia$56,845$27.3393
29North Dakota$47,409$22.79108
30Pennsylvania$47,092$22.641,646
31Wyoming$46,049$22.14100
32Maine$48,996$23.56120
33Tennessee$45,435$21.84830
34South Carolina$48,310$23.23492
35New Jersey$51,084$24.56699
36Idaho$46,625$22.42203
37Delaware$46,010$22.12179
38Indiana$46,422$22.32636
39Georgia$47,436$22.81897
40Michigan$44,904$21.591,010
41North Carolina$47,383$22.78653
42Utah$43,417$20.87491
43New Mexico$45,659$21.95201
44Oklahoma$44,279$21.29367
45Montana$40,945$19.69182
46Alaska$45,017$21.6471
47Kentucky$45,866$22.05199
48Illinois$45,017$21.641,151
49Virginia$44,916$21.59708
50Maryland$44,776$21.53501
51West Virginia$40,467$19.46125

Highest Paying Cities For Insurance Sales Agents

RankCityAvg. SalaryHourly RateJob Count
1New York, NY$65,234$31.364
2Mobile, AL$61,938$29.782
3Los Angeles, CA$61,364$29.502
4Portland, OR$55,959$26.902
5Denver, CO$55,710$26.786
6San Antonio, TX$55,221$26.5511
7Seattle, WA$54,390$26.154
8Miami, FL$53,809$25.876
9Chandler, AZ$53,709$25.82
10Madison, WI$53,099$25.532
11Baton Rouge, LA$52,517$25.253
12Omaha, NE$51,523$24.776
13Madison, MS$50,176$24.122
14Springfield, MO$50,026$24.051
15Wichita, KS$49,791$23.944

Here Are The Five Most In Demand Cities Right Now:

  1. New York, NY
  2. Mobile, AL
  3. Los Angeles, CA
  4. Portland, OR
  5. Denver, CO

Insurance Sales Agent Salary by Years of Experience

The salary for an insurance sales agent can vary depending on the years of experience that a person has, from entry level to senior level. An accountant with 0-2 years of experience earns an average salary of $29,723, a mid-career professional with 3-6 years of experience makes $49,587 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $57,914. 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.

Insurance Sales Agent Salary By Experience Level

Experience LevelAvg. SalaryHourly Rate
Entry Level$29,700$14.29
Mid Level$50,800$24.44
Senior Level$57,900$27.84

Insurance Sales Agents Salary Details

Average Insurance Sales Agent Salary Graph
Average Insurance Sales Agent Salary Graph, Trends, and Summary

What is an Insurance Sales Agent's Salary?

PercentileAnnual SalaryMonthly SalaryHourly Rate
90th Percentile$80,000$6,667$38
75th Percentile$63,000$5,250$30
Average$49,587$4,132$24
25th Percentile$38,000$3,167$18
10th Percentile$30,000$2,500$14

Highest Paying Types of Insurance Sales Agents

Job TitleAnnual SalaryMonthly SalaryHourly RateJob Openings
Agent$37,864$3,155$18.20184,325
Marketing Agent$40,384$3,365$19.42112,353
Sales Producer$51,287$4,274$24.6641,951
Lead Agent$47,344$3,945$22.7656,112
Licensed Insurance Producer$66,026$5,502$31.7454,872
Licensed Agent$42,315$3,526$20.3468,666

Which Companies Pay Insurance Sales Agents The Most?

The highest paying companies for insurance sales agents are Torchmark and Family First Life according to our most recent salary estimates. In addition, companies like Anthem and TCG Digital report highly competitive wages for insurance sales agents.
RankCompanyAverage SalaryHourly RateJob Openings
1Globe Life$65,335$31.416
2Family First Life$63,290$30.43156
3Anthem$61,278$29.46
4TCG Digital$60,325$29.00
5PEAK6$58,134$27.95
6AssuredPartners$55,930$26.8914
7New York Life Insurance$55,740$26.8037
8Goosehead Insurance$55,511$26.69
9Chambers Group$55,260$26.57
10American Baptist Churches USA$55,078$26.48
11MGC$54,944$26.42
12Symmetry Financial Group$54,691$26.2939
13Ideal Concepts$54,557$26.2313
14Strata$54,282$26.10
15Willis of New York Inc$54,198$26.06
16CoVerica Insurance$54,048$25.981
17Rubicon$54,015$25.97
18Farm Bureau Financial Services$54,004$25.9618
19HealthMarkets$53,751$25.8411
20First Title Agency, Inc.$53,554$25.75

How Much Do Insurance Sales Agents Make In Different Industries?

Here are some examples of how much an insurance sales agent salaries can based on different industries:

  1. The finance industry pays insurance sales agents an average salary of $46,564

  2. The insurance industry pay $44,659

  3. The lowest paying industry for insurance sales agents is the professional industry. Insurance sales agents in this industry earn an average salary of $41,957

Highest Paying Industries For Insurance Sales Agents

RankIndustryAverage SalaryHourly Rate
1Finance$46,564$22.39
2Insurance$44,659$21.47
3Retail$44,371$21.33
4Agriculture$44,217$21.26
5Professional$41,957$20.17

High Paying Insurance Sales Agent Jobs

Insurance Sales Agent Pay Trends

Average Insurance Sales Agent Salary Over Time

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

    Insurance Sales Agent Salary By Year

    YearAvg. SalaryHourly Rate% Change
    2023$49,600$23.84+2.4%
    2022$48,400$23.27+0.7%
    2021$48,100$23.12+1.8%
    2020$47,200$22.71-0.6%
    2019$47,500$22.84+3.6%

    Recently Added Insurance Sales Agent Salaries

    CompanyJobLocationDate AddedSalary
    Anthony Thomas State Farm Insurance AgencyLicensed Insurance Sales AgentBaltimore, MD05/02/2023$38,000
    The Vanderpol AgencyInsurance Sales AgentOlathe, KS05/02/2023$60,000
    RML Family AgencyInsurance Sales Agents [Remote]Hagerstown, MD05/02/2023$100,000
    New York Life-Lafayette TeamInsurance Sales AgentLafayette, LA05/02/2023$70,000
    RML Family AgencyInsurance Sales Agents [Remote] Rock Hill, South CarolinaRock Hill, SC05/02/2023$100,000
    Right Way Insurance GroupHealth Insurance Sales AgentMaitland, FL05/02/2023$85,000
    Fernandez Agency, LLCLicensed Insurance Sales AgentChoctaw, OK05/02/2023$30,000
    RML Family AgencyInsurance Sales Agents [Remote]Philadelphia, PA05/02/2023$100,000
    The Vanderpol AgencyInsurance Sales AgentIndependence, MO05/02/2023$60,000
    RML Family AgencyInsurance Sales Agents [Remote] Charlotte, North CarolinaCharlotte, NC05/02/2023$100,000

    Insurance Sales Agent Salaries FAQs

    What State Pays Insurance Sales Agents The Most?

    Hawaii pays Insurance Sales Agents the most in the United States, with an average salary of $79,606 per year, or $38.27 per hour.

    How Do I Know If I'm Being Paid Fairly As An Insurance Sales Agent?

    You know if you are being paid fairly as an Insurance Sales Agent if your pay is close to the average pay for the state you live in. For example, if you live in New York you should be paid close to $64,958 per year.

    Search For Insurance Sales Agent Jobs