Preferred Auto Insurance Co Salary

Preferred Auto Insurance Co Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, 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.

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

Explore detailed salary information for specific jobs at Preferred Auto Insurance Co. Based on our data, the highest paying job is the Owner and President, with an annual salary of $372,862. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Preferred Auto Insurance Co

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

Is Preferred Auto Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Auto Insurance Co'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
Davies and Associates $100,723
+22.0%
Driven by niche technical certifications required for Davies and Associates's specialized projects.
Sims Insurance Services Inc $86,979
+5.3%
Reflects a supply-demand imbalance for the specific talent Sims Insurance Services Inc targets.
Senior Healthcare Insurance Associates Inc $87,654
+6.2%
Reflects structural premiums typical of Senior Healthcare Insurance Associates Inc's large-cap national operations.
GreenBridge Insurance $83,846
+1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+50.0%
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 Preferred Auto Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Auto Insurance Co

Considering a career at Preferred Auto Insurance Co? 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.
Managers are fair and provide clear guidance, which helps in meeting targets efficiently. A great workplace for motivated professionals. Compensation is fair, with regular adjustments for performance. Employees are treated with respect, and there’s a strong sense of teamwork.
Commented in May 31, 2025
24
2
There’s a clear path for advancement, and managers actively help you reach your goals. The company’s commitment to employee well-being stands out. The team is collaborative, and morale is generally high. Overall, it’s a great place to advance in the insurance industry. The insurance industry expertise here is impressive, and collaboration is encouraged. The company follows traditional insurance pr...
Commented in December 16, 2024
23
0
This company values its employees and invests in their growth. My time at this insurance company has been consistent. Work-life balance is prioritized, and managers are understanding of personal needs.
Commented in January 09, 2024
24
0

Preferred Auto Insurance Co Overview

Website
www.paic.com
Founded In
1999
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 41017 Memphis Tennessee TN 38174
Revenue
<$5 Million
Phone Number
+1 9013282000
Social Media
About Preferred Auto Insurance Co
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.

What Benefits Does Preferred Auto Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Auto Insurance Co 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 Preferred Auto Insurance Co?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Preferred Auto Insurance Co.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Preferred Auto Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Preferred Auto Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Auto Insurance Co

1. What is the estimated average total compensation at Preferred Auto Insurance Co?

Salary.com estimates that the average total compensation package at Preferred Auto Insurance Co, which can include base salary, potential bonuses, and benefits, is around $82,570 annually . Total compensation provides a more holistic view of an employee's earnings.

2. 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.

3. Do salaries differ significantly between departments at Preferred Auto Insurance Co?

Yes, salaries often differ between departments at Preferred Auto Insurance Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Preferred Auto Insurance Co?

Salary progression from an entry-level to a senior role at Preferred Auto Insurance Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Preferred Auto Insurance Co in Memphis is fair given the local cost of living?

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

6. Are promotions at Preferred Auto Insurance Co usually accompanied by a significant salary increase?

Yes, promotions at Preferred Auto Insurance Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning