Connecticut Fair Plan Salary

As of September 2026, the average annual salary for employees at Connecticut Fair Plan in the United States is $97,590. This translates to an approximate hourly wage of $47. Salaries at Connecticut Fair Plan typically range from $85,862 to $110,343 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Connecticut Fair Plan Pay for Different Roles?

Explore detailed salary information for specific jobs at Connecticut Fair Plan. Based on our data, the highest paying job is the President, with an annual salary of $755,433. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Connecticut Fair Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Connecticut Fair Plan'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
Property & Casualty Insurance Guaranty Corp $92,801
-4.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Wakefield Insurance Agency Inc $84,816
-13.1%
Typical compensation structure for smaller regional agencies like Wakefield Insurance Agency Inc.
Sbrown & Associates Inc $103,623
+6.2%
Reflects a supply-demand imbalance for the specific talent Sbrown & Associates Inc targets.
B F Re Underwriters LLC $103,022
+5.6%
Supported by B F Re Underwriters LLC's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+26.9%
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 Connecticut Fair Plan

Considering a career at Connecticut Fair Plan? 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.
Decent workload balance. The company values employee feedback, which improves workplace policies. Team collaboration is a highlight, making daily tasks enjoyable. The office location is convenient, and remote work options are occasionally available. The insurance products are well-regarded, and the company maintains a good reputation.
A good option for those who prefer a no-frills insurance job. The work-life balance is respected, and managers are supportive of flexible schedules when needed. My role here has been consistent and straightforward. It’s a great place to grow professionally while maintaining a healthy work-life balance. It’s a great place to grow if you’re passionate about insurance. The company culture is one of t...
The work environment is professional, and expectations are clearly communicated. A stable choice for insurance professionals. The company has a great culture, and managers are invested in employee success. There are frequent training sessions and mentorship opportunities. I’ve had a very positive experience here.

Connecticut Fair Plan Overview

Website
www.ctfairplan.com
Founded In
1969
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 280200 East Hartford Connecticut CT 06128
Revenue
<$5 Million
Phone Number
+1 8605289546
Social Media
About Connecticut Fair Plan
Based in East Hartford, CT, the Connecticut FAIR Plan is a market for those property owners in need of basic coverage and not eligible for insurance in the standard market. The Plan operates as a syndicate, funded by the insurance companies who write property & personal liability coverage in Connecticut.

What Benefits Does Connecticut Fair Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Connecticut Fair Plan 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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How Much Should You Be Earning?

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

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What Is the Cost of Living Near East Hartford?

Understanding the cost of living near East Hartford is key to truly evaluating a salary offer or your current compensation at Connecticut Fair Plan.
East Hartford's Cost of Living Index is approximately 98.1 (1.9% less expensive than US average; 8.9% less than CT average). Across river from Hartford, more affordable housing. CTtransit. When planning your budget based on a salary from Connecticut Fair Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Connecticut Fair Plan salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,433 - $3,783+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Connecticut Fair Plan

1. What is the typical salary range (low to high) for most roles at Connecticut Fair Plan?

The typical annual salary range for most roles at Connecticut Fair Plan is approximately from $85,862 to $110,343. 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 Connecticut Fair Plan pay compared to Property & Casualty Insurance Guaranty Corp?

The average annual salary at Connecticut Fair Plan is $97,590, or an hourly wage of $47, in comparison to Property & Casualty Insurance Guaranty Corp which pays $92,801 per year or $45 per hour.

3. Do salaries differ significantly between departments at Connecticut Fair Plan?

Yes, salaries often differ between departments at Connecticut Fair Plan 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 Connecticut Fair Plan?

Experience level is a significant factor in determining salary at Connecticut Fair Plan, 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 Connecticut Fair Plan in East Hartford is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Connecticut Fair Plan?

Several key factors influence salary levels at Connecticut Fair Plan. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Connecticut Fair Plan likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.