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McCoy Insurance Services Inc Salary

McCoy Insurance Services Inc Salary

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As of September 2026, the average annual salary for employees at McCoy Insurance Services Inc in the United States is $85,650. This translates to an approximate hourly wage of $41. Salaries at McCoy Insurance Services Inc typically range from $75,352 to $96,844 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McCoy Insurance Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at McCoy Insurance Services Inc. Based on our data, the highest paying job is the Agency Owner, with an annual salary of $200,640. The table below outlines the annual salary ranges for most popular roles within the company.
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Is McCoy Insurance Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does McCoy Insurance Services Inc'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
Biba Insurance Services Inc $97,748
+14.1%
Supported by Biba Insurance Services Inc's high-margin contracts allowing higher overhead.
Mettler Agency Inc $83,023
-3.1%
Typical compensation structure for smaller regional agencies like Mettler Agency Inc.
BBH Insurance $87,475
+2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Moore Actuarial Consulting LLC $95,132
+11.1%
Reflects structural premiums typical of Moore Actuarial Consulting LLC's large-cap national operations.
Insurance Industry $123,858
+44.6%
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 McCoy Insurance Services Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at McCoy Insurance Services Inc

Considering a career at McCoy Insurance Services Inc? 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.
Benefits are excellent, and growth opportunities exist. I’m impressed by the company’s commitment to employee satisfaction. Career growth is encouraged, and the office culture is welcoming. Team dynamics vary by department, most colleagues are professional and easy to work with. I’ve had a rewarding experience here thanks to the collaborative team and forward-thinking leadership. Workloads are pre...
Commented in March 19, 2025
42
1
Overall, it’s a stable workplace with reasonable expectations. The office culture is low-drama, which is appreciated. I’ve had a wonderful time working at this company. I’d recommend it to anyone in the insurance field.
Commented in February 27, 2025
46
3
This company stands out in the insurance industry for its employee-centric approach. Decent workload balance. Working here has been a consistent experience. Career development programs are accessible, and the hybrid model adds flexibility. It’s an excellent place for those seeking both stability and career progression.
Commented in January 12, 2024
47
0

McCoy Insurance Services Inc Overview

Website
www.mccoyinsuranceservicesinc.com
Founded In
1921
Employees
<25 employees
Industry
Insurance
Headquarter Address
412 S Main St Galena Illinois IL 61036
Revenue
<$5 Million
Phone Number
+1 8157771302
Social Media
About McCoy Insurance Services Inc
McCoy Insurance Services, Inc. was established in 1926 by Earnest B. Heron and was originally known as Heron Insurance Service. Ernie's son in law Frank McCoy took over the operation in 1945 following his return from naval duty in World War II. As the agency continued to grow Frank's sons Marc and Mike McCoy joined the agency after graduating from college in the 1970's and have continued the tradi

What Benefits Does McCoy Insurance Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. McCoy Insurance Services Inc 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 McCoy Insurance Services Inc?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at McCoy Insurance Services Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from McCoy Insurance Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of McCoy Insurance Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McCoy Insurance Services Inc

1. What is the typical salary range (low to high) for most roles at McCoy Insurance Services Inc?

The typical annual salary range for most roles at McCoy Insurance Services Inc is approximately from $75,352 to $96,844. 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. How much does McCoy Insurance Services Inc pay compared to Biba Insurance Services Inc?

The average annual salary at McCoy Insurance Services Inc is $85,650, or an hourly wage of $41, in comparison to Biba Insurance Services Inc which pays $97,748 per year or $47 per hour.

3. Do salaries differ significantly between departments at McCoy Insurance Services Inc?

Yes, salaries often differ between departments at McCoy Insurance Services Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at McCoy Insurance Services Inc?

Experience level is a significant factor in determining salary at McCoy Insurance Services Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from McCoy Insurance Services Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from McCoy Insurance Services Inc in Chicago is fair, first compare the gross salary to our data for similar roles at McCoy Insurance Services Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Why might an individual's actual salary at McCoy Insurance Services Inc differ from the ranges shown here?

An individual's actual salary at McCoy Insurance Services Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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