Licensed Insurance Agent salary

Average licensed insurance agent salary

$54,118

$26.02 hourly rate

Entry-level licensed insurance agent salary
$32,000 yearly salary
Updated January 8, 2025

How much does a licensed insurance agent make?

The average licensed insurance agent salary in the United States is $54,118. Licensed insurance agent salaries typically range between $32,000 and $88,000 yearly. The average hourly rate for licensed insurance agents is $26.02 per hour.

Licensed insurance agent salary is impacted by location, education, and experience. Licensed insurance agents earn the highest average salary in Hawaii.

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Where can a Licensed Insurance Agent earn more?

Compare salary by location
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86k
66k
46k
26k
Columbus, OH$74,273
Charleston, SC$56,270
Compare salary by company
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100k
80k
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40k
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Globe Life$76,791
Bankers Life Insurance Company$49,918

Licensed Insurance Agent Salaries By Experience Level

Experience Level
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Avg. Salary
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Hourly Rate
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Entry-level licensed insurance agent$32,400$15.60
Mid-level licensed insurance agent$55,500$26.68
Senior-level licensed insurance agent$63,200$30.39

Licensed Insurance Agent salary estimates from across the web

Based on the latest salary information compiled by Zippia, Glassdoor and Ziprecruiter, the average salary for a licensed insurance agent typically falls between $54,118 and $84,500.
zippia
$54,118yearly
glassdoor[1]
$73,280yearly
ZipRecruiter[2]
$84,500yearly

Average licensed insurance agent salary by state

Highest paying states for licensed insurance agents

Rank
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State
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Avg. Salary
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Hourly Rate
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1Rhode Island$68,953$33.15
2Nebraska$63,375$30.47
3Arizona$64,895$31.20
4Alabama$69,003$33.17
5New Jersey$66,058$31.76
6South Dakota$63,328$30.45
7Wisconsin$61,423$29.53
8Wyoming$59,243$28.48
9Texas$59,811$28.76
10Massachusetts$66,409$31.93
11Missouri$58,347$28.05
12New Hampshire$64,102$30.82
13North Dakota$58,179$27.97
14Delaware$58,803$28.27
15California$65,886$31.68
16District of Columbia$74,193$35.67
17Connecticut$65,723$31.60
18Hawaii$70,680$33.98
19Oregon$59,157$28.44
20Louisiana$60,037$28.86
21Minnesota$59,195$28.46
22Montana$56,574$27.20
23Pennsylvania$57,153$27.48
24Washington$59,002$28.37
25Maine$59,216$28.47
26South Carolina$55,712$26.78
27North Carolina$56,583$27.20
28Vermont$58,075$27.92
29New York$63,340$30.45
30Mississippi$57,103$27.45
31Kansas$54,970$26.43
32Nevada$54,916$26.40
33Colorado$56,619$27.22
34Illinois$57,134$27.47
35Ohio$54,456$26.18
36Michigan$52,230$25.11
37Florida$56,759$27.29
38Kentucky$52,572$25.27
39Tennessee$52,709$25.34
40Arkansas$52,473$25.23
41Idaho$53,345$25.65
42Indiana$53,482$25.71
43Iowa$43,649$20.99
44New Mexico$52,080$25.04
45Utah$51,560$24.79
46Oklahoma$51,530$24.77
47Maryland$53,914$25.92
48Georgia$52,396$25.19
49Virginia$52,592$25.28
50Alaska$43,158$20.75
51West Virginia$46,278$22.25

Highest paying cities for licensed insurance agents

The highest-paying cities for licensed insurance agents are Washington, DC, Mobile, AL, and Los Angeles, CA.

Rank
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City
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Avg. Salary
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Hourly Rate
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1Washington, DC$74,273$35.71
2Mobile, AL$72,190$34.71
3Los Angeles, CA$66,126$31.79
4Salem, MA$66,004$31.73
5Tucson, AZ$65,044$31.27
6Salem, NH$64,613$31.06
7New York, NY$63,591$30.57
8San Antonio, TX$61,510$29.57
9Baton Rouge, LA$60,386$29.03
10Portland, ME$60,332$29.01
11Austin, MN$59,616$28.66
12Salem, OR$59,235$28.48
13Seattle, WA$58,931$28.33
14Kansas City, MO$58,278$28.02
15Miami, FL$58,261$28.01
16Grand Junction, CO$58,081$27.92
17Philadelphia, PA$57,858$27.82
18Burlington, VT$57,387$27.59
19Raleigh, NC$56,732$27.27
20Charleston, SC$56,270$27.05

Licensed Insurance Agent salary details

A licensed insurance agent's salary ranges from $32,000 a year at the 10th percentile to $88,000 at the 90th percentile.

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

What is a licensed insurance agent's salary?

Percentile
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Annual Salary
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Monthly Salary
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Hourly Rate
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90th Percentile$88,000$7,333$42
75th Percentile$70,000$5,833$34
Average$54,118$4,510$26
25th Percentile$41,000$3,417$20
10th Percentile$32,000$2,667$15

Highest paying licensed insurance agent jobs

The highest paying types of licensed insurance agents are insurance broker, licensed insurance producer, and insurance producer.

Job Title
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Annual Salary
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Monthly Salary
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Hourly Rate
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Job Openings
ascdesc
Sales Producer$51,287$4,274$24.6641,951
Agent$37,864$3,155$18.20184,325
Marketing Agent$40,384$3,365$19.42112,353
Geek Squad Agent$31,924$2,660$15.3528,603
Sales Agent$45,217$3,768$21.74391,987
Direct Sales Agent$57,712$4,809$27.75225,552

Which companies pay licensed insurance agents the most?

Licensed insurance agent salaries at Torchmark and Wipro Limited are the highest-paying according to our most recent salary estimates. In addition, the average licensed insurance agent salary at companies like Family First Life and Anthem are highly competitive.

Rank
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Company
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1Globe Life$76,791$36.92
2Wipro Limited$71,017$34.14
3Family First Life$69,129$33.24
4Elevance Health$63,252$30.41
5Carlson Capital$62,596$30.09
6Infinium$58,669$28.21
7Symmetry Financial Group$58,163$27.96
8National Agents Alliance$57,536$27.66
9HealthMarkets$56,262$27.05
10Brown & Brown$56,100$26.97
11Healthcare Solutions Team$55,781$26.82
12Asurea$55,671$26.76
13Teletech Services Corporation$55,182$26.53
14SelectQuote Insurance Services$54,890$26.39
15Assurance$54,858$26.37
16Chalmers Insurance Group$54,827$26.36
17DialAmerica$53,982$25.95
18Palmetto$52,537$25.26
19The American Insurance Company Corp$52,415$25.20
20Bankers Life Insurance Company$49,918$24.00

Wage gap by gender, race and education

$55,000$53,800$52,600$51,400$50,200$49,000
MaleFemale

Licensed Insurance Agent salary trends

The average licensed insurance agent salary has risen by $4,906 over the last ten years. In 2014, the average licensed insurance agent earned $49,212 annually, but today, they earn $54,118 a year. That works out to a 4% change in pay for licensed insurance agents over the last decade.

Compare licensed insurance agent salaries for cities or states with the national average over time.

Average licensed insurance agent salary over time

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

  • National Average
  • Columbus, OH

Licensed Insurance Agent salary by year

Year
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Avg. Salary
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Hourly Rate
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% Change
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2025$54,100$26.02+2.4%
2024$52,800$25.40+0.7%
2023$52,500$25.23+1.8%
2022$51,600$24.79-0.6%
2021$51,800$24.93+3.6%

Recently added licensed insurance agent salaries

Company
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Job
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Location
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Date Added
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Salary
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TtecLicensed Property & Casualty Insurance AgentConcord, NC12/15/2024$44,871
Teletech Services CorporationLicensed Property & Casualty Insurance AgentConcord, NC12/15/2024$44,871
The Sullivan AgencyLicensed Insurance Agent (Commission-Based)Paterson, NJ12/15/2024$75,000
The Sullivan AgencyLicensed Insurance Agent (Commission-Based)Cambridge, MA12/13/2024$75,000
The Sullivan AgencyLicensed Insurance Agent (Commission-Based)Tuscaloosa, AL12/13/2024$75,000
Get It-HealthcareACA Licensed Agent | Health Insurance Alliance (Call Center)-Remote | WFHFort Lauderdale, FL12/12/2024$41,740
RemX**Remote** Property & Casualty Insurance Agent-Must BE Licensed!!Eden Prairie, MN12/12/2024$52,175
RemX**Remote** Property & Casualty Insurance Agent-Must BE Licensed!!Denver, CO12/12/2024$52,175
RemX**Remote** Property & Casualty Insurance Agent-Must BE Licensed!!Madison, WI12/12/2024$52,175
RemX**Remote** Property & Casualty Insurance Agent-Must BE Licensed!!Phoenix, AZ12/12/2024$52,175

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