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Farwest Insurance Salary

Farwest Insurance Salary

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As of August 2026, the average annual salary for employees at Farwest Insurance in the United States is $88,329. This translates to an approximate hourly wage of $42. Salaries at Farwest Insurance typically range from $77,716 to $99,868 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Farwest Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Farwest Insurance. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $683,744. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Farwest Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Farwest 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
EJA/Capacity Insurance Agency LLC $97,421
+10.3%
Adjusted for higher cost-of-living indices in EJA/Capacity Insurance Agency LLC's primary metro hubs.
Sagebrush Solutions LLC $94,352
+6.8%
Influenced by prevailing union wage agreements specific to Sagebrush Solutions LLC's sector.
Bryant - American General Life & Accdnt $80,028
-9.4%
Normalized for lower cost-of-living zones where Bryant - American General Life & Accdnt primarily operates.
Carlson & Associates $95,354
+8.0%
Supported by Carlson & Associates's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+40.2%
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 Farwest Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Farwest Insurance

Considering a career at Farwest 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.
The insurance industry can be demanding, but processes here are well-organized. The company maintains a steady workflow, making it a reliable place for long-term employment. The leadership team actively seeks input from staff, and changes are implemented based on feedback. Company values work-life harmony. The compensation is fair, and the company culture promotes inclusivity.
Commented in March 27, 2025
9
3
Management is fair and provides regular updates on company performance. I’m satisfied with my role and the growth opportunities available. The leadership team is transparent, and there’s a real effort to recognize hard work. The leadership team is forward-thinking, and career advancement is possible.
Commented in January 22, 2025
45
2
This company fosters a supportive culture where employees feel valued. The company’s commitment to employee development is impressive. There are occasional team-building activities, which add a nice touch. The insurance products are high-quality, making client work easier. Positive atmosphere, minimal stress. The training programs are excellent, and career advancement is encouraged. The team is pr...
Commented in May 08, 2024
13
1

Farwest Insurance Overview

Website
www.farwestinsurance.com
Founded In
1972
Employees
<25 employees
Industry
Insurance
Headquarter Address
1423 W Garland Ave Spokane Washington WA 99205
Revenue
$5 Million - $10 Million
Phone Number
+1 5093267060
Social Media
About Farwest Insurance
Farwest Insurance has been locally owned and operated in Spokane since 1972. We proudly serve clients throughout Washington and Idaho. As independent agents we represent a number of outstanding companies for all lines of insurance. Our customers are also our friends and neighbors. What's important to them is important to us. Whether it's personal or business, be confident that with Farwest Insuran

What Benefits Does Farwest Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farwest 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)
Work at Farwest Insurance?
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What Is the Cost of Living Near Spokane?

Understanding the cost of living near Spokane is key to truly evaluating a salary offer or your current compensation at Farwest Insurance.
Spokane's Cost of Living Index is approximately 93.8 (6.2% less expensive than US average; 15.9% less than WA average). Eastern WA city, more affordable housing than Seattle. STA bus. When planning your budget based on a salary from Farwest Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Farwest Insurance salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (STA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,270 - $3,600+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farwest Insurance

1. What is the average salary for employees at Farwest Insurance?

The average annual total compensation for employees at Farwest Insurance is approximately $88,329. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,716 to $99,868, depending on factors like job role, experience, and location.

2. How much does Farwest Insurance pay compared to EJA/Capacity Insurance Agency LLC?

The average annual salary at Farwest Insurance is $88,329, or an hourly wage of $42, in comparison to EJA/Capacity Insurance Agency LLC which pays $97,421 per year or $47 per hour.

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

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 Farwest Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Farwest Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Spokane?

While some companies offer formal COLA, many, including potentially Farwest Insurance, 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 Farwest Insurance?

Most companies, likely including Farwest Insurance, 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.

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