Foremost Insurance Group Salary

As of September 2026, the average annual salary for employees at Foremost Insurance Group in the United States is $115,975. This translates to an approximate hourly wage of $56. Salaries at Foremost Insurance Group typically range from $101,825 to $131,499 annually, reflecting the diverse roles and experience levels within the company.
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Is Foremost Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Foremost 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
Westfield Insurance Co $114,709
-1.1%
Confirms Westfield Insurance Co is a direct competitor vying for the exact same talent pool.
Board of Trustees of California Teachers Assoc Employees Retirement B $141,238
+21.8%
Influenced by prevailing union wage agreements specific to Board of Trustees of California Teachers Assoc Employees Retirement B's sector.
Proctor Loan Protector $121,502
+4.8%
Driven by niche technical certifications required for Proctor Loan Protector's specialized projects.
H W Kaufman Group $120,015
+3.5%
Data suggests H W Kaufman Group's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry $123,858
+6.8%
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 Foremost Insurance Group

Considering a career at Foremost 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.
The company also promotes from within, which is motivating. Flexible hours, remote options, and wellness programs make a difference. The workload is manageable, and colleagues are cooperative. The insurance industry can be fast-paced, but the team handles challenges well. I appreciate the work culture here—it’s both professional and welcoming.
The leadership team is engaged, and the work environment is collaborative. The benefits package is one of the best in the industry, and leadership is inspiring. I’ve had a fantastic experience here. The company culture here is fantastic. While workloads can fluctuate, management ensures fair distribution. Work-life balance is respected, making it a great place for long-term employment. The company...
Health benefits, retirement plans, and work flexibility are excellent. It’s a good fit for those who prefer routine and stability in their roles. This company values its employees and invests in their growth. Benefits are standard, and the work environment is low-stress. Company events foster a strong sense of community.
The office spaces are modern, and remote work options add flexibility. The workload is fair, and benefits are competitive. I’ve had a very positive experience working here. I’m happy with my experience here. The insurance industry can be demanding, but the supportive culture makes it manageable.

Foremost Insurance Group Overview

Website
www.foremost.com
Founded In
1952
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
5600 Beechtree Ln SE Caledonia Michigan MI 49316
Revenue
$1B - $3B
Phone Number
+1 8005273905
Social Media
About Foremost Insurance Group
Established in 1952 and headquartered in Caledonia, Michigan, Foremost Insurance Group is a provider of property and casualty insurance. The company offers insurance products for manufactured homes, landlord properties, vacant properties, seasonal properties, RVs, motorcycles, off-road vehicles, snowmobiles, boats, personal watercraft, and collectible autos as well as programs for non-standard and

What Benefits Does Foremost Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Foremost 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Foremost Insurance Group.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Foremost Insurance Group, 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 Foremost Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Foremost Insurance Group

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

Foremost Insurance Group pays its employees an average of $115,975 per year. The average salary at Foremost Insurance Group range from $101,825 to $131,499 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 Foremost Insurance Group?

The salary at Foremost Insurance Group is higher than the similar company. The average annual salary at Foremost Insurance Group is $115,975, or an hourly wage of $56, in comparison to Westfield Insurance Co which pays $114,709 per year or $55 per hour.

3. How much does a President typically earn at Foremost Insurance Group?

A President at Foremost Insurance Group typically earns an average annual base salary of around $897,750, with a general range of $685,793 to $1,134,531.

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

In many roles at Foremost 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.

5. How does the cost of living near Grand Rapids affect the perceived value of a Foremost Insurance Group salary?

Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Foremost Insurance Group based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Foremost Insurance Group typically offer employees?

Foremost 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 Foremost Insurance Group" section on this page.