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Farmrs Insurance Group Salary

Farmrs Insurance Group Salary

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As of August 2026, the average annual salary for employees at Farmrs Insurance Group in the United States is $95,955. This translates to an approximate hourly wage of $46. Salaries at Farmrs Insurance Group typically range from $84,405 to $108,526 annually, reflecting the diverse roles and experience levels within the company.
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Is Farmrs Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Farmrs Insurance Group'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
Insurance Coverage Group LLC $90,175
-6.0%
Reflects market rates for standard general contracting, differing from specialized roles.
B & W Insurance Group $89,911
-6.3%
B & W Insurance Group may offer non-monetary perks in lieu of competitive base salaries.
Marketsearch SR-22 Insurance Group $80,945
-15.6%
Marketsearch SR-22 Insurance Group likely leverages performance bonuses over the high base salary shown here.
Star Insurance Group $92,295
-3.8%
Star Insurance Group operates with a leaner overhead structure, impacting base wage offers.
Insurance Industry $123,858
+29.1%
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.

How Farmrs Insurance Group's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Farmrs Insurance Group. Click a company name to learn more.

Employee Reviews: Working at Farmrs Insurance Group

Considering a career at Farmrs Insurance Group? 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.
It’s A company with reasonable expectations, making it a dependable choice for professionals in insurance. The insurance industry is competitive, but the company provides the resources needed to excel. Colleagues are professional, and teamwork is encouraged. The supportive culture here makes every workday enjoyable.
Commented in April 04, 2025
24
0
The pay is competitive, and bonuses reflect performance fairly. Working here has been fulfilling—great leadership and a strong team spirit. Managers are invested in employee development, and teamwork is strong. The company also hosts regular team-building events, fostering camaraderie. The office is well-designed, promoting productivity. The team is cohesive, and teamwork is highly encouraged. Tra...
Commented in February 02, 2025
44
0
Benefits are standard for the industry, and the pay is fair. The health and wellness programs, including gym discounts, are a plus. The work environment is positive, and management is transparent about company goals. Compensation is fair, with opportunities for bonuses. The compensation package is fair, with regular performance reviews ensuring merit-based raises.
Commented in April 01, 2024
19
1

Farmrs Insurance Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
2825 Wilcrest Dr Houston Texas TX 77042
Revenue
<$5 Million
Phone Number
-
Social Media
About Farmrs Insurance Group
Farmrs Insurance Group is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Houston, Texas.

What Benefits Does Farmrs Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farmrs Insurance Group 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Farmrs Insurance Group.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Farmrs Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Farmrs Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farmrs Insurance Group

1. How much does a Farmrs Insurance Group employee make?

Farmrs Insurance Group pays its employees an average of $95,955 per year. The average salary at Farmrs Insurance Group range from $84,405 to $108,526 per year. 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. Which similar company tend to pay more or less than Farmrs Insurance Group?

The salary at Farmrs Insurance Group is higher than the similar company. The average annual salary at Farmrs Insurance Group is $95,955, or an hourly wage of $46, in comparison to Insurance Coverage Group LLC which pays $90,175 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Farmrs Insurance Group?

In many roles at Farmrs Insurance Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Houston affect the perceived value of a Farmrs Insurance Group salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Farmrs Insurance Group based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Farmrs Insurance Group typically offer employees?

Farmrs Insurance Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Farmrs Insurance Group" section on this page.

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