Insurance Sales Representative Salary

Updated April 6, 2023

Insurance Sales Representative Salary Estimate

$61,386

$29.51 hourly

Entry level Salary

$38,000 yearly

$38,00010%

$61,386Median

$97,00090%

How much does an Insurance Sales Representative make?

The average salary for an insurance sales representative in the United States is $61,386. Insurance sales representative salaries typically range between $38,000 and $97,000 a year. The average hourly rate for insurance sales representatives is $29.51 per hour.

Location, education, and experience impacts how much an insurance sales representative can expect to make. Insurance sales representatives make the most in New York, Wisconsin, Massachusetts, Rhode Island, and New Jersey.

Research Summary.

The average salary for an insurance sales representative is $61,386 in the US.
The average insurance sales representative salary ranges between $38,000 and $97,000 in the US.
Hourly rates for insurance sales representatives in the US typically range between $18 and $46 an hour.
The average insurance sales representative salary is $71,928 in New York, $71,697 in Wisconsin, and $69,621 in Massachusetts. These are the three highest-paying states for insurance sales representatives in the US.
FFL Partners has the highest average salary for insurance sales representatives.
Finance is the highest-paying industry for insurance sales representatives in the US.

Highest Paying States For Insurance Sales Representatives

Throughout the U.S., the average salary for an insurance sales representative is roughly $61,386 per year, which boils down to $29.51 per hour. Interestingly enough, insurance sales representatives have the highest salaries in Washington, DC at about $79,443 per year. For those who are just starting out, the average entry-level salary in Washington, DC is $50,000. Additionally, insurance sales representatives make more than the average salary in New York, NY, Milwaukee, WI, Boston, MA, Sioux Falls, SD, and Columbus, OH. On a more broad level, insurance sales representative salaries are highest in New York, Wisconsin, Massachusetts, Rhode Island, New Jersey, New Hampshire, and Connecticut. On the contrary, Arizona, Idaho, and Georgia offer the lowest insurance sales representative salaries.

State View
County View

Average Salary:

Insurance Sales Representative average salary by State

Rank	State	Avg. Salary	Hourly Rate	Job Count
1	Rhode Island	$69,250	$33.29	522
2	Ohio	$66,404	$31.93	3,683
3	Wisconsin	$71,697	$34.47	1,649
4	New York	$71,928	$34.58	4,302
5	New Jersey	$68,778	$33.07	3,386
6	Pennsylvania	$61,626	$29.63	4,756
7	Massachusetts	$69,621	$33.47	2,738
8	Connecticut	$67,291	$32.35	1,081
9	Alabama	$64,465	$30.99	1,360
10	New Hampshire	$68,315	$32.84	494
11	North Carolina	$62,140	$29.88	3,082
12	Minnesota	$64,068	$30.80	1,912
13	South Dakota	$65,729	$31.60	269
14	District of Columbia	$79,448	$38.20	331
15	Indiana	$64,245	$30.89	1,768
16	California	$63,961	$30.75	9,796
17	Kentucky	$58,953	$28.34	1,102
18	Vermont	$58,411	$28.08	270
19	Delaware	$64,162	$30.85	342
20	Tennessee	$55,231	$26.55	1,984
21	North Dakota	$61,135	$29.39	235
22	Oregon	$56,614	$27.22	1,527
23	Maine	$58,930	$28.33	381
24	Illinois	$56,481	$27.15	3,767
25	Kansas	$57,487	$27.64	858
26	Maryland	$61,934	$29.78	1,747
27	Montana	$53,185	$25.57	445
28	Nebraska	$56,404	$27.12	651
29	Louisiana	$55,678	$26.77	975
30	South Carolina	$54,792	$26.34	1,411
31	Nevada	$53,016	$25.49	728
32	Michigan	$56,897	$27.35	1,924
33	Wyoming	$55,786	$26.82	164
34	Arkansas	$54,696	$26.30	706
35	Utah	$49,723	$23.91	1,105
36	Iowa	$49,193	$23.65	1,193
37	West Virginia	$53,055	$25.51	395
38	Hawaii	$58,611	$28.18	200
39	Idaho	$47,744	$22.95	575
40	Mississippi	$49,950	$24.01	581
41	Arizona	$48,089	$23.12	1,846
42	Washington	$53,743	$25.84	1,730
43	Florida	$41,847	$20.12	6,053
44	Missouri	$50,401	$24.23	1,510
45	Colorado	$51,236	$24.63	1,585
46	New Mexico	$49,655	$23.87	467
47	Texas	$44,475	$21.38	6,339
48	Georgia	$47,305	$22.74	2,933
49	Oklahoma	$49,573	$23.83	725
50	Virginia	$48,250	$23.20	2,446
51	Alaska	$46,658	$22.43	179

Top Insurance Sales Representative Jobs Near You

Highest Paying Cities For Insurance Sales Representatives

Rank	City	Avg. Salary	Hourly Rate	Job Count
1	Washington, DC	$79,443	$38.19	2
2	New York, NY	$72,293	$34.76	4
3	Milwaukee, WI	$72,172	$34.70	1
4	Boston, MA	$69,433	$33.38	1
5	Sioux Falls, SD	$66,925	$32.18	2
6	Columbus, OH	$66,552	$32.00	3
7	Huntsville, AL	$64,531	$31.02	3
8	Minneapolis, MN	$64,208	$30.87	4
9	Indianapolis, IN	$64,199	$30.86	2
10	Los Angeles, CA	$63,486	$30.52	3
11	Fargo, ND	$62,597	$30.09	2
12	Baltimore, MD	$62,007	$29.81
13	Philadelphia, PA	$61,801	$29.71	2
14	Charlotte, NC	$60,640	$29.15	6
15	Portland, ME	$59,598	$28.65

Here Are The Five Most In Demand Cities Right Now:

Insurance Sales Representative Salary by Years of Experience

The salary for an insurance sales representative 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 $36,796, a mid-career professional with 3-6 years of experience makes $61,386 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $71,694. 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 Representative Salary By Experience Level

Experience Level	Avg. Salary	Hourly Rate
Entry Level	$36,800	$17.69
Mid Level	$62,900	$30.26
Senior Level	$71,700	$34.47

Insurance Sales Representatives Salary Details

Average Insurance Sales Representative Salary Graph, Trends, and Summary

What is an Insurance Sales Representative's Salary?

Percentile	Annual Salary	Monthly Salary	Hourly Rate
90th Percentile	$97,000	$8,083	$47
75th Percentile	$78,000	$6,500	$38
Average	$61,386	$5,116	$30
25th Percentile	$48,000	$4,000	$23
10th Percentile	$38,000	$3,167	$18

Highest Paying Types of Insurance Sales Representatives

Job Title	Annual Salary	Monthly Salary	Hourly Rate	Job Openings
Sales Agent	$45,217	$3,768	$21.74	391,987
Licensed Insurance Agent	$54,118	$4,510	$26.02	78,016
Insurance Producer	$65,112	$5,426	$31.30	44,922
Life Insurance Agent	$62,552	$5,213	$30.07	68,781
Insurance Broker	$94,006	$7,834	$45.20	38,403
Insurance Agent	$51,936	$4,328	$24.97	67,977

Here are the five companies hiring the most now:

Which Companies Pay Insurance Sales Representatives The Most?

According to our most recent salary estimates, FFL Partners and Jordan Company are the highest paying companies for insurance sales representatives.

Rank	Company	Average Salary	Hourly Rate	Job Openings
1	FFL Partners	$127,892	$61.49
2	Jordan Company	$121,962	$58.64
3	Eaton	$98,171	$47.20	20
4	Realogy	$93,437	$44.92
5	GPAC	$81,906	$39.38
6	Harbor Light Hospice	$81,458	$39.16
7	Liberty Mutual Insurance	$78,401	$37.69	116
8	Washington National Cathedral	$76,329	$36.70
9	Volt Systems LLC	$70,808	$34.04
10	Boyd Group Services	$70,672	$33.98	1
11	GoHealth	$70,504	$33.90
12	Tbg Partners	$69,827	$33.57	2
13	Koch Industries	$69,526	$33.43	19
14	Kennedy	$68,224	$32.80
15	Luna	$65,679	$31.58
16	Symmetry Financial Group	$65,664	$31.57	41
17	Ideal Concepts	$65,533	$31.51	24
18	New York Life Insurance	$65,447	$31.46	77
19	PMA USA	$65,081	$31.29	1
20	Alliance Co	$64,408	$30.97	5

How Much Do Insurance Sales Representatives Make In Different Industries?

Insurance sales representative salaries can vary depending on the industry. In fact, our data shows that the finance, insurance, and agriculture industries tend to offer much higher salaries for insurance sales representatives. For example, insurance sales representatives make a whopping average salary of $53,082 while working in the finance industry. Meanwhile, other people in this field are making $52,891 in the insurance industry and $41,419 in the agriculture industry.

Insurance sales representatives may want to avoid working in the professional industry as it offers the lowest average salary of $40,825.

Highest Paying Industries For Insurance Sales Representatives

Rank	Industry	Average Salary	Hourly Rate
1	Finance	$53,082	$25.52
2	Insurance	$52,891	$25.43
3	Agriculture	$41,419	$19.91
4	Professional	$40,825	$19.63

High Paying Insurance Sales Representative Jobs

Insurance Sales Representative Pay Trends

Average Insurance Sales Representative Salary Over Time

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

Insurance Sales Representative Salary By Year

Year	Avg. Salary	Hourly Rate	% Change
2023	$61,400	$29.51	+2.4%
2022	$59,900	$28.81	+0.7%
2021	$59,500	$28.62	+1.8%
2020	$58,500	$28.12	-0.6%
2019	$58,800	$28.27	+3.6%

Recently Added Insurance Sales Representative Salaries

Company	Job	Location	Date Added	Salary
Allstate-Mike Hutchison & Associates	Bilingual Insurance Sales Representative	Laurel, MD	05/02/2023	$35,000
Frank Gallovich-Farmers Insurance Agency	Insurance Sales REP	Garland, TX	05/02/2023	$45,000
Options Insurance	Insurance Sales Representative	Chaska, MN	05/02/2023	$50,000
Roiss Insurance Agency	Licensed Insurance Sales Representative	Maitland, FL	05/02/2023	$50,000
Johnson Alliance Life Insurance Group	Life Insurance Sales Representative	Fuquay-Varina, NC	05/01/2023	$78,263
Johnson Alliance Life Insurance Group	Life Insurance Sales Representative	Florence, SC	05/01/2023	$78,263
Communication Solutions	AT&T Sales Representative-Health, Dental & Vision Insurance	Oklahoma City, OK	05/01/2023	$41,000
PFP-The Family Security Plan	Insurance Sales Representative-Southern New Jersey	Willingboro, NJ	05/01/2023	$55,000
Brent Jablonski Agency	Licensed Insurance Sales Representative	Fox Lake, IL	05/01/2023	$60,000
Mercury Insurance Group	Insurance Sales Representative-Work From Home	Cove, UT	04/29/2023	$33,851

Insurance Sales Representative Salaries FAQs

What State Pays Insurance Sales Representatives The Most?

New York pays Insurance Sales Representatives the most in the United States, with an average salary of $79,448 per year, or $38.20 per hour.

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

You know if you are being paid fairly as an Insurance Sales Representative 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 $71,928 per year.

Have more questions? See all answers to common sales questions.

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Updated April 6, 2023