Insuring Minnesota Salary

As of August 2026, the average hourly salary for employees at Insuring Minnesota in the United States is $49. This translates to an approximate annual wage of $102,379. Salaries at Insuring Minnesota typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Insuring Minnesota Pay for Different Roles?

Explore detailed salary information for specific jobs at Insuring Minnesota. Based on our data, the highest paying job is the Producer, with an hourly wage of $29. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Insuring Minnesota

Ready for your next career move? Explore current job openings at Insuring Minnesota. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Insuring Minnesota’s Pay Competitive? Salary Benchmarking Analysis

How does Insuring Minnesota'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
Strategic Insurance Group $42
-13.7%
Reflects market rates for standard general contracting, differing from specialized roles.
United Life Insurance Co $50
+1.5%
Indicates identical technical requirements and experience levels between the two firms.
Usg Annuity & Life Co $50
+2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Franklin Insurance Adjusters Inc $51
+2.8%
Suggests Franklin Insurance Adjusters Inc utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $60
+21.0%
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.

Employee Reviews: Working at Insuring Minnesota

Considering a career at Insuring Minnesota? 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 culture promotes innovation, and employees are encouraged to share ideas. I’ve enjoyed my time here and would recommend it to others. The company operates efficiently with clear goals. Work processes are streamlined, and teams are cooperative.
I’ve had a rewarding experience here thanks to the collaborative team and forward-thinking leadership. Steady-paced role. I’d recommend this employer to anyone looking for growth in insurance. Flexible scheduling options and mental health resources are available, which is rare in insurance. The team is collaborative, and morale is generally high. Compensation is decent, though not the highest in t...
Compensation is competitive, and bonuses are performance-based but fair. The workload is balanced, and colleagues are professional. The company culture is inclusive, and there’s a strong emphasis on professional development. The company provides clear expectations, making it easy to perform tasks efficiently. Coworkers are knowledgeable and open to sharing expertise.

Insuring Minnesota Overview

Website
www.insuringminnesota.com
Founded In
1982
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
20960 Holyoke Ave Lakeville Minnesota MN 55044
Revenue
$10 Million - $50 Million
Phone Number
+1 9524690425
Social Media
About Insuring Minnesota
We are an independent, full service MN insurance agency working hard to provide low rates and great service to Minnesota motorcycle owners. We are an "independent" agency and work with the top rated insurance companies to find the very best coverage and rates for your Minnesota motorcycle. We represent the top-rated motorcycle insurance companies licensed in Minnesota. We will help you find great

What Benefits Does Insuring Minnesota Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insuring Minnesota 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Insuring Minnesota.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Insuring Minnesota, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Insuring Minnesota salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Insuring Minnesota

1. How much does Insuring Minnesota in the United States pay?

Insuring Minnesota pays its employees an average of $49 per hour. The average salary at Insuring Minnesota range from $43 to $56 per hour. 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. Do Insuring Minnesota employees get a higher salary than its peer company?

The salary at Insuring Minnesota is higher than its peer company. The average annual salary at Insuring Minnesota is $102,379, or an hourly wage of $49, in comparison to Strategic Insurance Group which pays $88,318 per year or $42 per hour.

3. How much does salary increase with years of experience at Insuring Minnesota?

Salary progression with years of experience at Insuring Minnesota is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Insuring Minnesota vary by office location?

Yes, it's very likely that salaries at Insuring Minnesota vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lakeville section provides more context.

5. Does Insuring Minnesota offer good benefits?

Insuring Minnesota typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Insuring Minnesota" section on this page.