How much do State Farm Insurance Agents Make?
Average State Farm Mutual Automobile Insurance Company Licensed Agent yearly pay in the United States is approximately $31,408, which is 50% below the national average.
How much does an insurance representative make?
Insurance Sales Representative Salaries
| Job Title | Salary |
|---|---|
| Honan Insurance Group Insurance Broker salaries – 2 salaries reported | $97,500/yr |
| Lockton Companies Insurance Broker salaries – 2 salaries reported | $95,000/yr |
| National Credit Insurance Insurance Broker salaries – 2 salaries reported | $87,676/yr |
How much commission do you make at State Farm?
State Farm Insurance Agency Owners earn $250,000 annually, or $120 per hour, which is 114% higher than the national average for all Agency Owners at (9)… Commissions on personal lines of homeowners or auto insurance are 8%-15%, paid to the agent and not the producer.
What insurance jobs pay the most?
5 Highest Paid Insurance Careers
- 1.) Actuary — $161,759.
- 2.) Insurance Claims Adjusters — $114,976.
- 3.) Insurance Underwriter — $108,957.
- 4.) Risk Analyst — $104,421.
- 5.) Financial Analyst — $103,204.
Is working in insurance a good job?
Pros of working in insurance sales According to the U.S. Bureau of Labor Statistics, the job outlook for insurance sales agents is positive, with an estimated growth rate of 5% between 2019 and 2029. This number amounts to 27,500 new jobs, marking a higher growth estimate than average for all occupations.
How much does State Farm Insurance Office service representative make?
The average salary for Office Service Representative at companies like State Farm Insurance in the United States is $39,041 as of August 27, 2021, but the range typically falls between $33,554 and $44,180.
What are the pros of working for State Farm Insurance?
State Farm Insurance Company employees with the job title Claims Manager, Insurance make the most …Read more … Call Center Insurance Claim Handler. Pros: Ability to help people in need. Encouragement of training and ability to move to different areas of the company.
Where is the headquarters of State Farm Insurance?
State Farm is a large group of insurance and financial services companies throughout the United States with corporate headquarters in Bloomington, Illinois. The group’s main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies.