Bone & Bailey Insurance Agency Salary

As of August 2026, the average annual salary for employees at Bone & Bailey Insurance Agency in the United States is $84,458. This translates to an approximate hourly wage of $41. Salaries at Bone & Bailey Insurance Agency typically range from $74,307 to $95,490 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Bone & Bailey Insurance Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Bone & Bailey Insurance Agency. Based on our data, the highest paying job is the Manager, Risk, with an annual salary of $99,496. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Bone & Bailey Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Bone & Bailey Insurance Agency'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
CompWorks Midwest $86,905
+2.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
SafeGuard Guaranty Corp $87,358
+3.4%
Data suggests SafeGuard Guaranty Corp's workforce skews heavily towards veteran, high-tenure roles.
CG Insurance Agency $88,234
+4.5%
Adjusted for higher cost-of-living indices in CG Insurance Agency's primary metro hubs.
Public Entities Pool $91,493
+8.3%
Driven by niche technical certifications required for Public Entities Pool's specialized projects.
Insurance Industry $123,858
+46.7%
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.

Employee Reviews: Working at Bone & Bailey Insurance Agency

Considering a career at Bone & Bailey Insurance Agency? 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.
It’s a good place for those who value stability over rapid advancement. I appreciate the flexible work options and supportive management. I appreciate the opportunities for professional development, such as workshops and certifications. Management communicates expectations clearly, and processes are well-structured.
The work environment is structured and predictable, which suits my preferences. Managers are invested in employee development, and teamwork is strong. Training is comprehensive, and managers are supportive of skill development. Leadership is supportive and provides opportunities for career advancement. The insurance products are strong, and client service is a priority. The training programs are e...
While the role may not be highly dynamic, it offers stability and learning opportunities. The office environment is modern, and remote workers receive good tech support. The office environment is modern, and flexible scheduling is available. The company offers a fantastic work environment with opportunities for advancement.

Bone & Bailey Insurance Agency Overview

Website
www.boneandbailey.com
Founded In
1980
Employees
<25 employees
Industry
Insurance
Headquarter Address
512 W Buttles St Midland Michigan MI 48640
Revenue
<$5 Million
Phone Number
+1 9896313511
Social Media
About Bone & Bailey Insurance Agency
Bone & Bailey Insurance is an independent agency representing the finest in regional companies. Founded in 1939, we have served the Mid-Michigan area for over 75 years. Our office is located at 512 W. Buttles Street in Midland, Michigan. We offer a wide range of insurance products that can be tailored to your needs. From home, auto, watercraft and recreational vehicle coverage to covering your bus

What Benefits Does Bone & Bailey Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bone & Bailey Insurance Agency 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)
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What Is the Cost of Living Near Saginaw?

Understanding the cost of living near Saginaw is key to truly evaluating a salary offer or your current compensation at Bone & Bailey Insurance Agency.
Saginaw's Cost of Living Index is approximately 76.2 (23.8% less expensive than US average; 16.5% less than MI average). Mid-Michigan city, very affordable housing. STARS bus. When planning your budget based on a salary from Bone & Bailey Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $950+ A significant portion of Bone & Bailey Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (STARS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,790 - $2,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bone & Bailey Insurance Agency

1. What is the typical salary range (low to high) for most roles at Bone & Bailey Insurance Agency?

The typical annual salary range for most roles at Bone & Bailey Insurance Agency is approximately from $74,307 to $95,490. 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. How much does Bone & Bailey Insurance Agency pay compared to CompWorks Midwest?

The average annual salary at Bone & Bailey Insurance Agency is $84,458, or an hourly wage of $41, in comparison to CompWorks Midwest which pays $86,905 per year or $42 per hour.

3. Do salaries differ significantly between departments at Bone & Bailey Insurance Agency?

Yes, salaries often differ between departments at Bone & Bailey Insurance Agency due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Bone & Bailey Insurance Agency?

Experience level is a significant factor in determining salary at Bone & Bailey Insurance Agency, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Bone & Bailey Insurance Agency in Saginaw is fair given the local cost of living?

To determine if a salary offer from Bone & Bailey Insurance Agency in Saginaw is fair, first compare the gross salary to our data for similar roles at Bone & Bailey Insurance Agency and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saginaw" to understand its purchasing power.

6. Are the salaries listed for Bone & Bailey Insurance Agency on Salary.com pre-tax or after-tax?

All salary figures displayed for Bone & Bailey Insurance Agency, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.