Preferred Insurance Network Salary
How Much Does Preferred Insurance Network Pay for Different Roles?
President
$678,273 / year
Salary Range: $519,220 - $854,791
Executive
General Manager
$118,751 / year
Salary Range: $101,735 - $134,169
Property Management
Customer Service
$34,961 / year
Salary Range: $31,811 - $38,571
Customer Service
Customer Service Representative
$30,870 / year
Salary Range: $27,855 - $34,020
Customer Service
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Current Job Openings at Preferred Insurance Network
Is Preferred Insurance Network’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Platt Insurance Group | $86,335 |
-1.5%
|
Suggests Platt Insurance Group utilizes a highly similar base-plus-benefits compensation model. |
| Roth Insurance Agency Inc | $88,171 |
+0.6%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Barker Beck Collins & Kronauge Agency | $88,097 |
+0.5%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Conner Insurance Agency Inc | $86,778 |
-1.0%
|
Confirms Conner Insurance Agency Inc is a direct competitor vying for the exact same talent pool. |
| Insurance Industry | $123,858 |
+41.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Preferred Insurance Network's Salaries Compare to Similar Companies?
Platt Insurance Group
$86,335 / year
Salary Range: $75,966 - $97,612
Warren, OH
Roth Insurance Agency Inc
$88,171 / year
Salary Range: $77,578 - $99,697
Maumee, OH
Barker Beck Collins & Kronauge Agency
$88,097 / year
Salary Range: $77,505 - $99,600
Dayton, OH
Conner Insurance Agency Inc
$86,778 / year
Salary Range: $76,351 - $98,124
Lancaster, OH
Yost Insurance Agency
$84,426 / year
Salary Range: $74,289 - $95,466
Columbiana, OH
State Farm Agent
$87,485 / year
Salary Range: $76,983 - $98,929
Maumee, OH
Barry VanHoozen - State Farm Insurance Agent
$88,403 / year
Salary Range: $77,789 - $99,966
Perrysburg, OH
America's Retirement Headquarters
$86,662 / year
Salary Range: $76,250 - $97,990
Maumee, OH
Blasko & Cummins
$86,873 / year
Salary Range: $76,433 - $98,234
Middlefield, OH
Employee Reviews: Working at Preferred Insurance Network
Preferred Insurance Network Overview
What Benefits Does Preferred Insurance Network Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Toledo?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $700 - $1,050+ | A significant portion of Preferred Insurance Network salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $45 (TARTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $520 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $280 - $550+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $340 - $630+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,865 - $3,005+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Preferred Insurance Network
1. How much does a Preferred Insurance Network employee make?
Preferred Insurance Network pays its employees an average of $87,622 per year. The average salary at Preferred Insurance Network range from $77,093 to $99,075 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. Which similar company tend to pay more or less than Preferred Insurance Network?
The salary at Preferred Insurance Network is higher than the similar company. The average annual salary at Preferred Insurance Network is $87,622, or an hourly wage of $42, in comparison to Platt Insurance Group which pays $86,335 per year or $42 per hour.
3. How much does a President typically earn at Preferred Insurance Network?
A President at Preferred Insurance Network typically earns an average annual base salary of around $678,273, with a general range of $519,220 to $854,791.
4. Do employees with advanced degrees (Master's, PhD) earn more at Preferred Insurance Network?
In many roles at Preferred Insurance Network, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
5. How does the cost of living near Toledo affect the perceived value of a Preferred Insurance Network salary?
Toledo's Cost of Living Index is approximately 75.2 (24.8% less expensive than US average; 17.2% less than OH average). This significantly impacts the purchasing power of a salary from Preferred Insurance Network based there. Our "Cost of Living Insights for Toledo" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does Preferred Insurance Network typically offer employees?
Preferred Insurance Network generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Preferred Insurance Network" section on this page.
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