Capitol Preferred Insurance Co Salary

As of August 2026, the average annual salary for employees at Capitol Preferred Insurance Co in the United States is $88,498. This translates to an approximate hourly wage of $43. Salaries at Capitol Preferred Insurance Co typically range from $77,844 to $100,088 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Capitol Preferred Insurance Co

Ready for your next career move? Explore current job openings at Capitol Preferred Insurance Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Capitol Preferred Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Capitol Preferred Insurance Co'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
Centerline Property & Casualty Insurance Co $91,588
+3.5%
Supported by Centerline Property & Casualty Insurance Co's high-margin contracts allowing higher overhead.
Oriska Insurance Co $89,394
+1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Twico $92,242
+4.2%
Adjusted for higher cost-of-living indices in Twico's primary metro hubs.
Ohio Association of Mutual Insurance Companies $91,177
+3.0%
Reflects structural premiums typical of Ohio Association of Mutual Insurance Companies's large-cap national operations.
Insurance Industry $123,858
+40.0%
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 Capitol Preferred Insurance Co

Considering a career at Capitol Preferred Insurance Co? 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 provides a structured and professional work setting. Benefits are standard for the industry, and the team is cooperative. Team-building activities and open-door policies make collaboration easy. Compensation is competitive, with regular performance reviews. Work-life balance is prioritized, making it a great long-term career choice.
The leadership encourages skill development, and the team is collaborative. The company offers a fantastic work environment with opportunities for advancement. The organization runs smoothly with clear expectations. Managers are supportive and provide constructive feedback. Workload distribution is fair, and managers are understanding of personal commitments. The company is well-run, with clear ex...
Benefits are competitive, and the company culture is inclusive. It is dynamic, it’s a stable place to work. A good fit for those who prefer stability. A dependable choice for insurance professionals.

Capitol Preferred Insurance Co Overview

Website
www.capitol-preferred.com
Founded In
1997
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
PO Box 31156 Tampa Florida FL 33631
Revenue
$5 Million - $10 Million
Phone Number
+1 8883882742
Social Media
About Capitol Preferred Insurance Co
Capitol Preferred Insurance Company, Inc. (CPIC) commenced Florida business in 1998 with its first depopulation of policies from the Florida Citizens Property Insurance Corporation. CPIC then entered the Florida voluntary property market to supplement the assumed book and target certain areas and balance exposures. In 2006, CPIC assumed the South Carolina business from a company which had been pla

What Benefits Does Capitol Preferred Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Capitol Preferred Insurance Co 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 Capitol Preferred Insurance Co?
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.

illustration

What Is the Cost of Living Near Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at Capitol Preferred Insurance Co.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from Capitol Preferred Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Capitol Preferred Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Capitol Preferred Insurance Co

1. What is the typical salary range (low to high) for most roles at Capitol Preferred Insurance Co?

The typical annual salary range for most roles at Capitol Preferred Insurance Co is approximately from $77,844 to $100,088. 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 Capitol Preferred Insurance Co pay compared to Centerline Property & Casualty Insurance Co?

The average annual salary at Capitol Preferred Insurance Co is $88,498, or an hourly wage of $43, in comparison to Centerline Property & Casualty Insurance Co which pays $91,588 per year or $44 per hour.

3. Do salaries differ significantly between departments at Capitol Preferred Insurance Co?

Yes, salaries often differ between departments at Capitol Preferred Insurance Co 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 Capitol Preferred Insurance Co?

Experience level is a significant factor in determining salary at Capitol Preferred Insurance Co, 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 Capitol Preferred Insurance Co in Tampa is fair given the local cost of living?

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

6. Are the salaries listed for Capitol Preferred Insurance Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Capitol Preferred Insurance Co, 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.