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Rainbow Insurance Salary

Rainbow Insurance Salary

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As of September 2026, the average annual salary for employees at Rainbow Insurance in the United States is $86,441. This translates to an approximate hourly wage of $42. Salaries at Rainbow Insurance typically range from $76,048 to $97,734 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Rainbow Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Rainbow Insurance. Based on our data, the highest paying job is the Sales Manager, with an annual salary of $105,195. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Rainbow Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Rainbow Insurance'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
Suredge $85,091
-1.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
HMSB Insurance $83,519
-3.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Truck Insurance Agency $102,189
+18.2%
Adjusted for higher cost-of-living indices in Truck Insurance Agency's primary metro hubs.
PACE Underwriters LLC $89,563
+3.6%
Data suggests PACE Underwriters LLC's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry $123,858
+43.3%
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 Rainbow Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Rainbow Insurance

Considering a career at Rainbow Insurance? 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.
For those in the insurance field, this is a great employer to consider. Colleagues are professional, though more team-building activities would enhance collaboration. The insurance services we offer are reputable, making our work meaningful. I appreciate the company’s commitment to employee well-being and professional growth. Managers are invested in team success and provide constructive feedback.
Commented in April 18, 2025
15
0
The company offers competitive benefits, a supportive team, and opportunities for growth. The team is cooperative, and management is reasonable in their expectations. The leadership encourages skill development, and the team is collaborative. The leadership team is transparent, and career growth opportunities exist for those who seek them. The company invests in employee development, offering cert...
Commented in February 03, 2025
36
1
Fast-paced but fulfilling. Compensation and benefits are strong. Teams work well together, and leadership is supportive.
Commented in August 27, 2024
16
3

Rainbow Insurance Overview

Website
www.browardinsuranceagency.com
Founded In
1976
Employees
<25 employees
Industry
Insurance
Headquarter Address
1344 N State Road 7 Margate Florida FL 33063
Revenue
<$5 Million
Phone Number
+1 9549770047
Social Media
About Rainbow Insurance
Broward Insurance is headquartered in South Florida, yet our services extend far beyond our Broward County home. Whether you reside in Daytona, Jacksonville, Pensacola, Tampa, Key West, Fort Lauderdale, Miami, Sarasota, Naples, Fort Myers, Ocala, Orlando or anywhere in between, we can help you insure what matters most. Notice: JavaScript is required for this content.

What Benefits Does Rainbow Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Rainbow Insurance 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 Fort Lauderdale?

Understanding the cost of living near Fort Lauderdale is key to truly evaluating a salary offer or your current compensation at Rainbow Insurance.
Fort Lauderdale's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.8% more than FL average). South FL coastal city, 'Venice of America', high housing costs, boating culture. Broward County Transit, Water Taxi, Brightline. When planning your budget based on a salary from Rainbow Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Rainbow Insurance salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (BCT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $830+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rainbow Insurance

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

The typical annual salary range for most roles at Rainbow Insurance is approximately from $76,048 to $97,734. 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 Rainbow Insurance pay compared to Suredge?

The average annual salary at Rainbow Insurance is $86,441, or an hourly wage of $42, in comparison to Suredge which pays $85,091 per year or $41 per hour.

3. Do salaries differ significantly between departments at Rainbow Insurance?

Yes, salaries often differ between departments at Rainbow Insurance 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 Rainbow Insurance?

Experience level is a significant factor in determining salary at Rainbow Insurance, 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 Rainbow Insurance in Fort Lauderdale is fair given the local cost of living?

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

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

An individual's actual salary at Rainbow Insurance 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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