The average insurance agent salary can vary depending on several factors, including:
- Type of insurance: Life insurance agents typically earn more than property and casualty agents.
- Experience: More experienced agents with strong sales records typically earn more than newer agents.
- Location: Salaries tend to be higher in major cities and states with a high cost of living.
- Company size and type: Large national companies and independent agencies typically offer different salary structures.
Here are some general salary ranges for insurance agents in the United States:
- Average: $64,177 per year, according to Indeed.
- Range: $50,381 to $62,228 per year, according to Salary.com.
- Top 10%: $96,000 or more per year, according to Indeed.
Here are some additional resources where you can find more information about insurance agent salaries:
- Indeed: https://www.indeed.com/career/insurance-agent/salaries/Philadelphia–PA
- Salary.com: https://www.salary.com/research/salary/benchmark/insurance-agent-salary/co
- Bureau of Labor Statistics: https://www.bls.gov/ooh/sales/insurance-sales-agents.htm