Ed Smith Insurance Agency Salary

As of August 2026, the average annual salary for employees at Ed Smith Insurance Agency in the United States is $81,262. This translates to an approximate hourly wage of $39. Salaries at Ed Smith Insurance Agency typically range from $71,494 to $91,881 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ed Smith Insurance Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Ed Smith Insurance Agency. Based on our data, the highest paying job is the Personal Lines Producer, with an annual salary of $74,199. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Ed Smith Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Ed Smith 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
National Insurance Brokerage LLC $87,042
+7.1%
Influenced by prevailing union wage agreements specific to National Insurance Brokerage LLC's sector.
Bayside Insurance Brokerage Inc $108,106
+33.0%
Data suggests Bayside Insurance Brokerage Inc's workforce skews heavily towards veteran, high-tenure roles.
Charisse Hunter - State Farm Insurance Agent $89,120
+9.7%
Driven by niche technical certifications required for Charisse Hunter - State Farm Insurance Agent's specialized projects.
Scarborough Insurance Agency $113,855
+40.1%
Supported by Scarborough Insurance Agency's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+52.4%
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 Ed Smith Insurance Agency

Considering a career at Ed Smith 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.
My experience here has been very positive. The company provides solid training and resources. Teams work well together, and leadership is supportive. I’m satisfied with my role and the opportunities available here.
The management team is approachable and values employee feedback. This company offers a great balance of challenge and support. Overall, it’s a stable and rewarding place to build a career in the insurance industry. The company follows a hybrid work policy, which provides some flexibility. The company maintains a professional atmosphere, and colleagues are respectful.
A stable option for those in the insurance sector. Benefits align with industry standards, and management is accessible. The leadership team is inspiring and genuinely cares about employee development. I joined this company a year ago and have no regrets. The company also encourages volunteering, which fosters team bonding. The company provides great training and resources. The insurance services ...

Ed Smith Insurance Agency Overview

Website
www.edsmithagency.com
Founded In
1965
Employees
<25 employees
Industry
Insurance
Headquarter Address
165 Warley St Florence South Carolina SC 29501
Revenue
<$5 Million
Phone Number
+1 8436695091
Social Media
About Ed Smith Insurance Agency
We service clients in the Florence South Carolina areas. At Ed Smith Insurance Agency, each one of our clients is given a dedicated team of experts that work together to proficiently address all your concerns. We offer all types of Personal Insurance coverages to our clients in South Carolina including Auto Insurance, Homeowners Insurance, Boat & Watercraft, Manufactured / Mobile Home, and Motor H

What Benefits Does Ed Smith Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ed Smith 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 Florence?

Understanding the cost of living near Florence is key to truly evaluating a salary offer or your current compensation at Ed Smith Insurance Agency.
Florence's Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 13.4% less than SC average). Pee Dee region hub, affordable housing. PDRTA. When planning your budget based on a salary from Ed Smith Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Ed Smith Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,030 - $3,230+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ed Smith Insurance Agency

1. What is the average salary for employees at Ed Smith Insurance Agency?

The average annual total compensation for employees at Ed Smith Insurance Agency is approximately $81,262. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,494 to $91,881, depending on factors like job role, experience, and location.

2. How much does Ed Smith Insurance Agency pay compared to National Insurance Brokerage LLC?

The average annual salary at Ed Smith Insurance Agency is $81,262, or an hourly wage of $39, in comparison to National Insurance Brokerage LLC which pays $87,042 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Ed Smith Insurance Agency?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Ed Smith Insurance Agency for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Ed Smith Insurance Agency offer cost-of-living adjustments (COLA) for employees in high-cost areas like Florence?

While some companies offer formal COLA, many, including potentially Ed Smith Insurance Agency, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Ed Smith Insurance Agency?

Most companies, likely including Ed Smith Insurance Agency, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.