Lonestar MGA Salary

Lonestar MGA Salary

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As of July 2026, the average annual salary for employees at Lonestar MGA in the United States is $91,050. This translates to an approximate hourly wage of $44. Salaries at Lonestar MGA typically range from $80,108 to $102,953 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lonestar MGA

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

Is Lonestar MGA’s Pay Competitive? Salary Benchmarking Analysis

How does Lonestar MGA'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
Mitchell Adjusting International LLC $88,223
-3.1%
Mitchell Adjusting International LLC operates with a leaner overhead structure, impacting base wage offers.
Western Security Surplus $89,004
-2.2%
Confirms Western Security Surplus is a direct competitor vying for the exact same talent pool.
PartnerSource Inc $91,029
0.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Hutcherson Insurance Agency $88,772
-2.5%
Suggests Hutcherson Insurance Agency utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+36.0%
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 Lonestar MGA's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lonestar MGA

Considering a career at Lonestar MGA? 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 collaborative culture makes problem-solving easier. The benefits package is adequate, covering essentials like health and dental. Managers are invested in team success and provide constructive feedback. A good fit for those seeking consistency in the insurance field.
Commented in April 14, 2025
17
3
The company operates efficiently, with clear hierarchies and processes. Management is competent, though not overly innovative. Company supports professional growth. I’ve had a great experience working here due to the supportive culture and leadership.
Commented in March 02, 2025
35
3
Career growth opportunities are abundant, with mentorship programs and skill-building initiatives. Work-life balance is respected, and remote work options are flexible. I appreciate the opportunities for growth and the inclusive culture. The insurance industry expertise here is impressive, and ongoing training keeps skills sharp. The training programs are excellent, helping employees stay updated ...
Commented in August 13, 2024
20
0

Lonestar MGA Overview

Website
www.lonestarmga.com
Founded In
2004
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 852470 Richardson Texas TX 75085
Revenue
$5 Million - $10 Million
Phone Number
+1 8774288810
Social Media
About Lonestar MGA
Lonestar MGA sells its policies through a select network of professional independent insurance agents. Agents are vital to our organization and the service that we provide to our customers. Their expertise, customer service and local presence are instrumental to the way we promote and sell our products. Independent agents are not employees of Lonestar MGA; however, we do compensate them for placin

What Benefits Does Lonestar MGA Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lonestar MGA 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 Lonestar MGA?
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What Is the Cost of Living Near Richardson?

Understanding the cost of living near Richardson is key to truly evaluating a salary offer or your current compensation at Lonestar MGA.
Richardson's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 11.3% more than TX average). Dallas suburb (Telecom Corridor), housing above US avg. DART. When planning your budget based on a salary from Lonestar MGA, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Lonestar MGA salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,726 - $4,176+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lonestar MGA

1. How much does a Lonestar MGA employee make?

Lonestar MGA pays its employees an average of $91,050 per year. The average salary at Lonestar MGA range from $80,108 to $102,953 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 Lonestar MGA?

The salary at Lonestar MGA is higher than the similar company. The average annual salary at Lonestar MGA is $91,050, or an hourly wage of $44, in comparison to Mitchell Adjusting International LLC which pays $88,223 per year or $42 per hour.

3. How much does a Vice President, Sales & Marketing typically earn at Lonestar MGA?

A Vice President, Sales & Marketing at Lonestar MGA typically earns an average annual base salary of around $209,804, with a general range of $184,038 to $262,163.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lonestar MGA?

In many roles at Lonestar MGA, 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 Richardson affect the perceived value of a Lonestar MGA salary?

Richardson's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 11.3% more than TX average). This significantly impacts the purchasing power of a salary from Lonestar MGA based there. Our "Cost of Living Insights for Richardson" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lonestar MGA typically offer employees?

Lonestar MGA 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 Lonestar MGA" section on this page.

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