Preferred Auto Insurance Co Salary

How Much Does Preferred Auto Insurance Co Pay?BETA

As of April 2025, the average annual salary for employees at Preferred Auto Insurance Co in the United States is $82,570. This translates to an approximate hourly wage of $40. Salaries at Preferred Auto Insurance Co typically range from $72,648 to $93,369 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Preferred Auto Insurance Co, An Owner and President is among the highest earners, with an average salary of approximately $372,862 per year. Conversely, the lowest-paid position is Independent Insurance Agent, earning around $69,873 annually. Explore this page further for more salary and benefits information at Preferred Auto Insurance Co.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Preferred Auto Insurance Co Pay for Different Roles?BETA

At Preferred Auto Insurance Co, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Owner and President positions at Preferred Auto Insurance Co offer the highest average annual salary of $372,862, while Independent Insurance Agent roles have an average annual salary of $69,873.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Owner and President $293,713 - $472,765 $372,862 Preferred Auto Insurance Co
Manager $75,455 - $93,847 $84,726 Preferred Auto Insurance Co
Insurance Sales Agent $61,165 - $83,515 $69,873 Preferred Auto Insurance Co
Independent Insurance Agent $61,165 - $83,515 $69,873 Preferred Auto Insurance Co
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Preferred Auto Insurance Co Overview

Website:
paic.com
Size:
<25 Employees
Industry:
Insurance
Revenue:
<$5M
About:
Preferred Auto Insurance Co is a company that operates in the Insurance industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Memphis, Tennessee.

Most Common Benefits for Preferred Auto Insurance Co

Aside from the base salary, Preferred Auto Insurance Co offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Preferred Auto Insurance Co

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Preferred Auto Insurance Co ’s peer companies.
Sims Insurance Services Inc Maize, KS $76,534 - $98,344 Company Salary Range $86,979 Average Company Salary
Davies and Associates New Providence, NJ $88,621 - $113,879 Company Salary Range $100,723 Average Company Salary
Senior Healthcare Insurance Associates Inc Owensboro, KY $77,111 - $99,136 Company Salary Range $87,654 Average Company Salary
GreenBridge Insurance Brownsville, TN $73,766 - $94,795 Company Salary Range $83,846 Average Company Salary
Douglas & Greer Inc Memphis, TN $74,151 - $95,295 Company Salary Range $84,278 Average Company Salary
BYNAC Inc Brentwood, TN $72,923 - $93,710 Company Salary Range $82,876 Average Company Salary
WCH Casualty Knoxville, TN $72,639 - $93,357 Company Salary Range $82,559 Average Company Salary
McIntire & Associates Insurance Cleveland, TN $71,375 - $91,723 Company Salary Range $81,114 Average Company Salary
United Agent Resources Johnson City, TN $70,129 - $90,125 Company Salary Range $79,711 Average Company Salary
See more companies

FAQs About Preferred Auto Insurance Co Company

1. How much does Preferred Auto Insurance Co in the United States pay?

Preferred Auto Insurance Co pays its employees an average of $82,570 per year. The average salary at Preferred Auto Insurance Co range from $72,648 to $93,369 per year. Owner and President jobs at Preferred Auto Insurance Co earn the most with an average annual salary of $372,862, while Independent Insurance Agent jobs earn the least with an average annual salary of $69,873.

2. Do Preferred Auto Insurance Co employees get a higher salary than other similar companies?

The salary at Preferred Auto Insurance Co is lesser than Davies and Associates. The highest salary package reported for an employee at Preferred Auto Insurance Co is $93,369 per year, meanwhile the highest salary package reported for an employee at Davies and Associates is $113,879 per year.

3. How much does Preferred Auto Insurance Co pay compared to Davies and Associates?

The average annual salary at Preferred Auto Insurance Co is $82,570, or an hourly wage of $40, in comparison to Davies and Associates which pays $100,723 per year or $48 per hour.

4. Which job skills can boost an Insurance Sales Agent salary at Preferred Auto Insurance Co?

Insurance Sales, Life insurance and Presentation are key to an Insurance Sales Agent job at Preferred Auto Insurance Co. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Preferred Auto Insurance Co.

5. What is the lowest salary at Preferred Auto Insurance Co?

The lowest paying job at Preferred Auto Insurance Co is Independent Insurance Agent with an annual salary of $69,873 or an hourly rate of $40.