McCool Insurance Agency Salary

As of August 2026, the average annual salary for employees at McCool Insurance Agency in the United States is $96,061. This translates to an approximate hourly wage of $46. Salaries at McCool Insurance Agency typically range from $84,524 to $108,611 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McCool Insurance Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at McCool Insurance Agency. Based on our data, the highest paying job is the President, with an annual salary of $743,594. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at McCool Insurance Agency

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

Is McCool Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does McCool Insurance Agency'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
Nationwide Surety Systems Inc $93,814
-2.3%
Confirms Nationwide Surety Systems Inc is a direct competitor vying for the exact same talent pool.
Arrow Pensions $92,295
-3.9%
Typical compensation structure for smaller regional agencies like Arrow Pensions.
Luster Care Products a Ltd Liability Co $104,858
+9.2%
Data suggests Luster Care Products a Ltd Liability Co's workforce skews heavily towards veteran, high-tenure roles.
Bogart & Brownell $100,860
+5.0%
Adjusted for higher cost-of-living indices in Bogart & Brownell's primary metro hubs.
Insurance Industry $123,858
+28.9%
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 McCool Insurance Agency

Considering a career at McCool Insurance Agency? 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.
Training programs are robust, ensuring employees stay updated on industry trends. the stability and benefits make it a reasonable choice for a long-term career. The insurance knowledge gained here is valuable for long-term career growth. The work-life balance initiatives, like flexible hours, are appreciated. The leadership team here is exceptional, fostering a positive work environment.
I highly recommend this employer. Management is transparent, and career progression is possible. Reliable employer with standard industry practices. Leadership is transparent, and career paths are well-defined. This company stands out for its employee-centric approach. I appreciate the company’s commitment to employee well-being and professional growth. The insurance products are well-regarded, wh...
I see myself growing here long-term. The company emphasizes employee growth through workshops and certifications. Benefits are standard but fair.

McCool Insurance Agency Overview

Website
www.mccoolinsurance.com
Founded In
2016
Employees
<25 employees
Industry
Insurance
Headquarter Address
160 W Main St Elkton Maryland MD 21921
Revenue
$5 Million - $10 Million
Phone Number
+1 4103981373
Social Media
About McCool Insurance Agency
McCool Insurance Agency has been providing area residents professional service since 1956. We are committed to providing our clients with some of the most reasonable rates in the industry. It is with pride that our agency focuses on complete customer satisfaction. We will honestly discuss your insurance needs with you and look forward to establishing a long-term relationship. Our agents are able t

What Benefits Does McCool Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. McCool Insurance Agency 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 Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at McCool Insurance Agency.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from McCool Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of McCool Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McCool Insurance Agency

1. How much does McCool Insurance Agency in the United States pay?

McCool Insurance Agency pays its employees an average of $96,061 per year. The average salary at McCool Insurance Agency range from $84,524 to $108,611 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. Do McCool Insurance Agency employees get a higher salary than its peer company?

The salary at McCool Insurance Agency is higher than its peer company. The average annual salary at McCool Insurance Agency is $96,061, or an hourly wage of $46, in comparison to Nationwide Surety Systems Inc which pays $93,814 per year or $45 per hour.

3. What are the highest paying jobs at McCool Insurance Agency?

The higher-paying job at McCool Insurance Agency, according to our data, include President (avg. $743,594 per year), Office Manager (avg. $74,511 per year), and Bookkeeper (avg. $38,911 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at McCool Insurance Agency?

Salary progression with years of experience at McCool Insurance Agency 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.

5. Do salaries at McCool Insurance Agency vary by office location?

Yes, it's very likely that salaries at McCool Insurance Agency 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 Baltimore section provides more context.

6. Does McCool Insurance Agency offer good benefits?

McCool Insurance Agency 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 McCool Insurance Agency" section on this page.