Farmers & Mechanics Insurance Salary

How Much Does Farmers & Mechanics Insurance Pay?BETA

As of March 2025, the average annual salary for employees at Farmers & Mechanics Insurance in the United States is $101,883. This translates to an approximate hourly wage of $49. Salaries at Farmers & Mechanics Insurance typically range from $89,638 to $115,220 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Farmers & Mechanics Insurance, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $788,665 per year. Conversely, the lowest-paid position is Customer Service Representative, earning around $35,895 annually. Explore this page further for more salary and benefits information at Farmers & Mechanics Insurance.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Farmers & Mechanics Insurance Pay for Different Roles?BETA

At Farmers & Mechanics Insurance, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at Farmers & Mechanics Insurance offer the highest average annual salary of $788,665, while Customer Service Representative roles have an average annual salary of $35,895.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $603,710 - $994,082 $788,665 Farmers & Mechanics Insurance
Senior Vice President & Chief Financial Officer $315,477 - $516,020 $411,175 Farmers & Mechanics Insurance
Vice President, Underwriting $240,844 - $332,263 $287,507 Farmers & Mechanics Insurance
Vice President, Sales & Marketing $205,933 - $293,401 $234,765 Farmers & Mechanics Insurance
Vice President, Claims $191,645 - $254,249 $224,122 Farmers & Mechanics Insurance
Product Manager $134,400 - $160,157 $143,143 Farmers & Mechanics Insurance
Manager, Personal Lines Underwriting $112,064 - $132,462 $123,700 Farmers & Mechanics Insurance
Manager, Claims $105,787 - $129,858 $118,173 Farmers & Mechanics Insurance
Business Analyst $87,243 - $105,197 $96,679 Farmers & Mechanics Insurance
Underwriting Specialist $77,347 - $98,805 $88,577 Farmers & Mechanics Insurance
Underwriter $79,494 - $99,102 $88,160 Farmers & Mechanics Insurance
Assistant VP, Accounting $77,130 - $90,960 $84,054 Farmers & Mechanics Insurance
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Farmers & Mechanics Insurance Overview

Website:
fmiwv.com
Size:
<25 Employees
Industry:
Insurance
Revenue:
$10M - $50M
About:
Farmers & Mechanics Mutual Insurance Company of West Virginia is the largest domiciled property and casualty carrier in the State of West Virginia. Farmers & Mechanics Insurance has been providing reliable coverage since 1877, making it the oldest domestic mutual fire insurance company in the state....

Most Common Benefits for Farmers & Mechanics Insurance

Aside from the base salary, Farmers & Mechanics Insurance offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Farmers & Mechanics Insurance

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Farmers & Mechanics Insurance ’s peer companies.
Oxford Insurance Group Ltd London, WV $72,804 - $93,564 Company Salary Range $82,749 Average Company Salary
Carida Insurance Teaneck, NJ $93,789 - $120,549 Company Salary Range $106,598 Average Company Salary
Seneca Insurance Company Inc Richmond, VA $82,197 - $105,660 Company Salary Range $93,424 Average Company Salary
Kaercher Campbell & Associates Insurance Brokerage Culver City, CA $91,443 - $117,537 Company Salary Range $103,940 Average Company Salary
Innovative Claims Service LLC St. Louis, MO $81,116 - $104,270 Company Salary Range $92,200 Average Company Salary
Peter C Foy & Associates Woodland Hills, CA $90,142 - $115,879 Company Salary Range $102,463 Average Company Salary
Semsee Corp New York City, NY $96,629 - $124,207 Company Salary Range $109,836 Average Company Salary
Cornerstone Risk Management Barrington, IL $82,921 - $106,587 Company Salary Range $94,246 Average Company Salary
Asset Protection Group Baker City, OR $77,615 - $99,771 Company Salary Range $88,223 Average Company Salary
See more companies

FAQs About Farmers & Mechanics Insurance Company

1. How much does Farmers & Mechanics Insurance in the United States pay?

Farmers & Mechanics Insurance pays its employees an average of $101,883 per year. The average salary at Farmers & Mechanics Insurance range from $89,638 to $115,220 per year. President & Chief Executive Officer jobs at Farmers & Mechanics Insurance earn the most with an average annual salary of $788,665, while Customer Service Representative jobs earn the least with an average annual salary of $35,895.

2. Do Farmers & Mechanics Insurance employees get a higher salary than other similar companies?

The salary at Farmers & Mechanics Insurance is lesser than Semsee Corp. The highest salary package reported for an employee at Farmers & Mechanics Insurance is $115,220 per year, meanwhile the highest salary package reported for an employee at Semsee Corp is $124,207 per year.

3. How much does Farmers & Mechanics Insurance pay compared to Semsee Corp?

The average annual salary at Farmers & Mechanics Insurance is $101,883, or an hourly wage of $49, in comparison to Semsee Corp which pays $109,836 per year or $53 per hour.

4. Which job skills can boost a Manager, Personal Lines Underwriting salary at Farmers & Mechanics Insurance?

are key to a Manager, Personal Lines Underwriting job at Farmers & Mechanics Insurance. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Farmers & Mechanics Insurance.

5. What is the lowest salary at Farmers & Mechanics Insurance?

The lowest paying job at Farmers & Mechanics Insurance is Customer Service Representative with an annual salary of $35,895 or an hourly rate of $49.