Classic Insurance Salary

As of September 2026, the average annual salary for employees at Classic Insurance in the United States is $90,375. This translates to an approximate hourly wage of $43. Salaries at Classic Insurance typically range from $79,521 to $102,185 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Classic Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Classic Insurance. Based on our data, the highest paying job is the President, with an annual salary of $699,584. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Classic Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Classic 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
Century Insurance Agency Inc $88,329
-2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Malcolm Thompson & Associates Inc $91,198
+0.9%
Indicates identical technical requirements and experience levels between the two firms.
MedPic LLC $87,148
-3.6%
Normalized for lower cost-of-living zones where MedPic LLC primarily operates.
Bibby Brilling $90,723
+0.4%
Confirms Bibby Brilling is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+37.0%
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 Classic Insurance

Considering a career at Classic 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.
I’d recommend it to anyone looking for growth in this field. Colleagues are collaborative and helpful. The benefits package is competitive, including health coverage and retirement plans. Overall, a fantastic place to grow in the insurance field.
The wellness programs and employee perks are a big plus. A great place to advance professionally. The pay is competitive, and bonuses reflect performance fairly. The insurance products we handle are diverse, keeping the job interesting. Work-life balance is prioritized, making it a great long-term career choice. The office setup is functional, and communication from management is consistent.
The company maintains a good reputation in the insurance market. The insurance industry can be complex, but the training here is excellent. The office space is well-maintained, and flexible scheduling is available.

Classic Insurance Overview

Website
www.classicagencies.com
Founded In
2007
Employees
<25 employees
Industry
Insurance
Headquarter Address
1221 Abrams Rd Richardson Texas TX 75081
Revenue
<$5 Million
Phone Number
+1 9724121244
Social Media
About Classic Insurance
Classic Insurance is a leading provider of insurance services, such as auto, home, personal, workers comp, commercial, business, and life insurances to families and businesses throughout the Dallas Fort Worth Metroplex including Wylie, Rowlett, Sachse, Rockwall, and Garland. Traditional insurance agents try to cram each client into a cookie cutter product with less coverage and high rates from one

What Benefits Does Classic Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Classic 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)
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What Is the Cost of Living Near Richardson?

Understanding the cost of living near Richardson is key to truly evaluating a salary offer or your current compensation at Classic Insurance.
Richardson's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 11.3% more than TX average). Dallas suburb (Telecom Corridor), housing above US avg. DART. When planning your budget based on a salary from Classic Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Classic Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,726 - $4,176+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Classic Insurance

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

The typical annual salary range for most roles at Classic Insurance is approximately from $79,521 to $102,185. 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 Classic Insurance pay compared to Century Insurance Agency Inc?

The average annual salary at Classic Insurance is $90,375, or an hourly wage of $43, in comparison to Century Insurance Agency Inc which pays $88,329 per year or $42 per hour.

3. Do salaries differ significantly between departments at Classic Insurance?

Yes, salaries often differ between departments at Classic Insurance 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 Classic Insurance?

Experience level is a significant factor in determining salary at Classic Insurance, 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 Classic Insurance in Richardson is fair given the local cost of living?

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

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

All salary figures displayed for Classic Insurance, 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.