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Hoffman Insurance Group Salary

Hoffman Insurance Group Salary

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As of September 2026, the average annual salary for employees at Hoffman Insurance Group in the United States is $86,008. This translates to an approximate hourly wage of $41. Salaries at Hoffman Insurance Group typically range from $75,672 to $97,246 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Hoffman Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Hoffman Insurance Group. Based on our data, the highest paying job is the Commercial Insurance Specialist, with an annual salary of $72,783. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Hoffman Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Hoffman 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
The Maynard Group Agency $84,289
-2.0%
Suggests The Maynard Group Agency utilizes a highly similar base-plus-benefits compensation model.
United Counties Insurance Group LLC $101,482
+18.0%
Data suggests United Counties Insurance Group LLC's workforce skews heavily towards veteran, high-tenure roles.
True-Course Aviation Insurance Services Inc $97,875
+13.8%
Driven by niche technical certifications required for True-Course Aviation Insurance Services Inc's specialized projects.
Veterinary Insurance Services Co $98,128
+14.1%
Reflects a supply-demand imbalance for the specific talent Veterinary Insurance Services Co targets.
Insurance Industry $123,858
+44.0%
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 Hoffman 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 Hoffman Insurance Group. Click a company name to learn more.

Employee Reviews: Working at Hoffman Insurance Group

Considering a career at Hoffman 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 office environment is modern, and remote work options add flexibility. Benefits like parental leave and wellness programs are top-tier. The hybrid schedule is a great benefit, and the health coverage is excellent. The company fosters a culture of respect and innovation. Overall, it’s a stable and supportive workplace where hard work is recognized. A fantastic place to work and advance. The tea...
Commented in March 28, 2025
31
2
While growth can be gradual, the job security is a plus. The leadership team is accessible and values feedback, which fosters a positive workplace culture. The insurance industry can be demanding, but the team makes it manageable.
Commented in February 20, 2025
20
0
I appreciate the company’s commitment to employee well-being. I appreciate the company’s commitment to employee development. Managers are approachable, and the team dynamic is strong. This company excels in employee engagement and professional development. It’s a decent workplace for those seeking a predictable insurance career.
Commented in February 13, 2025
12
3

Hoffman Insurance Group Overview

Website
www.higagency.com
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
52513 Gumwood Rd Granger Indiana IN 46530
Revenue
<$5 Million
Phone Number
+1 5742775511
Social Media
About Hoffman Insurance Group
At Hoffman Insurance Group, our personal insurance products provide our customers with protection for their homes, automobiles and personal possessions, along with personal liability coverages. How we serve you is as important as what we provide. First, we listen to you, then we discuss your needs and answer your questions. Next, we look at both your short-term and long-term objectives and help pu

What Benefits Does Hoffman Insurance Group Offer Beyond Salary?

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

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Hoffman Insurance Group.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Hoffman Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Hoffman Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hoffman Insurance Group

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

The average annual total compensation for employees at Hoffman Insurance Group is approximately $86,008. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,672 to $97,246, depending on factors like job role, experience, and location.

2. How much does Hoffman Insurance Group pay compared to The Maynard Group Agency?

The average annual salary at Hoffman Insurance Group is $86,008, or an hourly wage of $41, in comparison to The Maynard Group Agency which pays $84,289 per year or $41 per hour.

3. What is the lowest salary at Hoffman Insurance Group?

The lowest-paying job at Hoffman Insurance Group is a Commercial Administrative Assistant with a salary of $50,512 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Hoffman Insurance Group?

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

5. Does Hoffman Insurance Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Indianapolis?

While some companies offer formal COLA, many, including potentially Hoffman Insurance Group, 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.

6. What's the typical process for salary reviews and raises at Hoffman Insurance Group?

Most companies, likely including Hoffman Insurance Group, 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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