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The differences between licensed agents and commercial lines insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a commercial lines insurance agent has an average salary of $55,459, which is higher than the $42,315 average annual salary of a licensed agent.
The top three skills for a licensed agent include HIPAA, customer service and inbound calls. The most important skills for a commercial lines insurance agent are insurance carriers, insurance products, and insurance quotes.
| Licensed Agent | Commercial Lines Insurance Agent | |
| Yearly salary | $42,315 | $55,459 |
| Hourly rate | $20.34 | $26.66 |
| Growth rate | 6% | 6% |
| Number of jobs | 68,666 | 84,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | - | - |
Licensed agents and commercial lines insurance agents have different pay scales, as shown below.
| Licensed Agent | Commercial Lines Insurance Agent | |
| Average salary | $42,315 | $55,459 |
| Salary range | Between $28,000 And $62,000 | Between $35,000 And $87,000 |
| Highest paying City | Kirkland, WA | - |
| Highest paying state | Alaska | - |
| Best paying company | HPOne | - |
| Best paying industry | Insurance | - |
There are a few differences between a licensed agent and a commercial lines insurance agent in terms of educational background:
| Licensed Agent | Commercial Lines Insurance Agent | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between licensed agents' and commercial lines insurance agents' demographics:
| Licensed Agent | Commercial Lines Insurance Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 41.3% Female, 58.7% | Male, 33.6% Female, 66.4% |
| Race ratio | Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1% | Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.4% Asian, 4.1% White, 66.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |