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Peter M Bakker Agency Inc Salary

Peter M Bakker Agency Inc Salary

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As of August 2026, the average annual salary for employees at Peter M Bakker Agency Inc in the United States is $97,906. This translates to an approximate hourly wage of $47. Salaries at Peter M Bakker Agency Inc typically range from $86,137 to $110,696 annually, reflecting the diverse roles and experience levels within the company.
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Is Peter M Bakker Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Peter M Bakker Agency 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
Fulmer Insurance Group $94,014
-4.0%
Fulmer Insurance Group likely leverages performance bonuses over the high base salary shown here.
AMS Professional Liability $86,008
-12.2%
Typical compensation structure for smaller regional agencies like AMS Professional Liability.
Swanson Insurance Agency $97,885
0.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
South Coast Surety $99,267
+1.4%
Confirms South Coast Surety is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+26.5%
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 Peter M Bakker Agency Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Peter M Bakker Agency Inc. Click a company name to learn more.

Employee Reviews: Working at Peter M Bakker Agency Inc

Considering a career at Peter M Bakker Agency 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.
The workload is manageable, allowing for a good work-life balance. This company is an excellent employer in the insurance sector. The company offers competitive benefits and a supportive team environment. My role here has been consistent and straightforward. Management is transparent about company goals, making it easy to align personal growth.
Commented in April 08, 2025
9
0
The company’s reputation in the insurance market is strong, which adds credibility to daily work. The company fosters a positive work environment where employees are encouraged to share ideas. A fantastic workplace for driven professionals. The company maintains a professional atmosphere, and colleagues are respectful. For anyone seeking growth in insurance, this is a fantastic place to build a ca...
Commented in August 16, 2024
30
2
the stability and benefits make it a reasonable choice for a long-term career. The work culture is inclusive, and everyone’s contributions are valued. The company fosters a culture of innovation and teamwork. It allows for thorough work without excessive pressure. I’m happy to be part of this organization.
Commented in March 08, 2024
11
1

Peter M Bakker Agency Inc Overview

Website
www.bakkerinsurance.com
Founded In
1974
Employees
<25 employees
Industry
Insurance
Headquarter Address
302 W Main St Avon Connecticut CT 06001
Revenue
$5 Million - $10 Million
Phone Number
+1 8606761957
Social Media
About Peter M Bakker Agency Inc
Peter M Bakker Agency is an independent property casualty insurance agency serving all of Connecticut. It is the CT-based hub of Renaissance Alliance Insurance Services.

What Benefits Does Peter M Bakker Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peter M Bakker Agency 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)
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What Is the Cost of Living Near Hartford?

Understanding the cost of living near Hartford is key to truly evaluating a salary offer or your current compensation at Peter M Bakker Agency Inc.
Hartford's Cost of Living Index is approximately 99.2 (0.8% less expensive than US average; 7.9% less than CT average). State capital, 'Insurance Capital', housing is relatively affordable for a NE city. CTtransit, CTfastrak. When planning your budget based on a salary from Peter M Bakker Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Peter M Bakker Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,573 - $4,033+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Peter M Bakker Agency Inc

1. What is the typical salary range (low to high) for most roles at Peter M Bakker Agency Inc?

The typical annual salary range for most roles at Peter M Bakker Agency Inc is approximately from $86,137 to $110,696. 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 Peter M Bakker Agency Inc pay compared to Fulmer Insurance Group?

The average annual salary at Peter M Bakker Agency Inc is $97,906, or an hourly wage of $47, in comparison to Fulmer Insurance Group which pays $94,014 per year or $45 per hour.

3. Do salaries differ significantly between departments at Peter M Bakker Agency Inc?

Yes, salaries often differ between departments at Peter M Bakker Agency 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 Peter M Bakker Agency Inc?

Experience level is a significant factor in determining salary at Peter M Bakker Agency 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 Peter M Bakker Agency Inc in Hartford is fair given the local cost of living?

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

6. Why might an individual's actual salary at Peter M Bakker Agency Inc differ from the ranges shown here?

An individual's actual salary at Peter M Bakker Agency 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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