Salary AI Book a Demo
Best Rate Insurance Salary

Best Rate Insurance Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Best Rate Insurance in the United States is $104,309. This translates to an approximate hourly wage of $50. Salaries at Best Rate Insurance typically range from $91,764 to $117,964 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Best Rate Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Best Rate Insurance. Based on our data, the highest paying job is the Insurance Representative, with an annual salary of $88,270. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Best Rate Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Best Rate Insurance's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Brown & Brown of Massachusetts LLC $104,309
0.0%
Confirms Brown & Brown of Massachusetts LLC is a direct competitor vying for the exact same talent pool.
Kirk Miller Insurance Agency Inc $98,676
-5.4%
Kirk Miller Insurance Agency Inc operates with a leaner overhead structure, impacting base wage offers.
Strategic Benefits of Cincinnati $90,544
-13.2%
Strategic Benefits of Cincinnati may offer non-monetary perks in lieu of competitive base salaries.
Strellner Agency $87,211
-16.4%
Strellner Agency focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+18.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Best Rate Insurance's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Best Rate Insurance. Click a company name to learn more.

Employee Reviews: Working at Best Rate Insurance

Considering a career at Best Rate Insurance? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company invests in employee development, offering certifications and workshops. Workload varies by department. Working at this insurance company has been a great experience. The insurance work is demanding, but the company provides excellent tools and training. I’ve developed valuable skills and built lasting relationships here.
Commented in April 05, 2025
17
2
Managers recognize hard work and provide constructive feedback. It’s a great place for those seeking stability and growth. Managers are approachable and fair. A company with average benefits.
Commented in November 30, 2024
40
0
The team is friendly, and leadership is transparent about company goals. This is a fantastic place for insurance professionals. Benefits, including retirement plans and wellness programs, are strong. The work environment is structured and predictable, which suits my preferences. The benefits package is robust, including wellness programs. A supportive workplace with a focus on professional growth....
Commented in October 27, 2024
39
2

Best Rate Insurance Overview

Website
www.eagletrustinsurance.com
Founded In
2018
Employees
<25 employees
Industry
Insurance
Headquarter Address
208 Washington St Somerville Massachusetts MA 02143
Revenue
$10 Million - $50 Million
Phone Number
+1 6176258400
Social Media
About Best Rate Insurance
Best Rate Insurance is a company that operates in the Insurance industry. It employs 11-20 people and has $10M-$25M of revenue. The company is headquartered in Somerville, Massachusetts.

What Benefits Does Best Rate Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Best Rate Insurance offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Best Rate Insurance?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Somerville?

Understanding the cost of living near Somerville is key to truly evaluating a salary offer or your current compensation at Best Rate Insurance.
Somerville's Cost of Living Index is approximately 185.3 (85.3% more expensive than US average; 39.8% more than MA average). Dense city bordering Boston/Cambridge, extremely high housing costs, young professional/student population. MBTA Red/Green/Orange Lines. When planning your budget based on a salary from Best Rate Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,700 - $4,000+ A significant portion of Best Rate Insurance salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $510 - $780 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,470 - $6,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Best Rate Insurance

1. How much does a Best Rate Insurance employee make?

Best Rate Insurance pays its employees an average of $104,309 per year. The average salary at Best Rate Insurance range from $91,764 to $117,964 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Best Rate Insurance?

The salary at Best Rate Insurance is similar than the similar company. The average annual salary at Best Rate Insurance is $104,309, or an hourly wage of $50, in comparison to Brown & Brown of Massachusetts LLC which pays $104,309 per year or $50 per hour.

3. How much does an Insurance Representative typically earn at Best Rate Insurance?

An Insurance Representative at Best Rate Insurance typically earns an average annual base salary of around $88,270, with a general range of $77,258 to $105,514.

4. Do employees with advanced degrees (Master's, PhD) earn more at Best Rate Insurance?

In many roles at Best Rate Insurance, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Somerville affect the perceived value of a Best Rate Insurance salary?

Somerville's Cost of Living Index is approximately 185.3 (85.3% more expensive than US average; 39.8% more than MA average). This significantly impacts the purchasing power of a salary from Best Rate Insurance based there. Our "Cost of Living Insights for Somerville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Best Rate Insurance typically offer employees?

Best Rate Insurance generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Best Rate Insurance" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning