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Tech Insurance Salary

Tech Insurance Salary

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As of September 2026, the average annual salary for employees at Tech Insurance in the United States is $98,160. This translates to an approximate hourly wage of $47. Salaries at Tech Insurance typically range from $86,366 to $110,989 annually, reflecting the diverse roles and experience levels within the company.
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Is Tech Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Tech 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
Konen Insurance Agency $96,398
-1.8%
Confirms Konen Insurance Agency is a direct competitor vying for the exact same talent pool.
The AVMA PLIT $97,537
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
StateFarm Specialty $97,042
-1.1%
Suggests StateFarm Specialty utilizes a highly similar base-plus-benefits compensation model.
The Mutual Reinsurance Bureau $89,848
-8.5%
Normalized for lower cost-of-living zones where The Mutual Reinsurance Bureau primarily operates.
Insurance Industry $123,858
+26.2%
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 Tech Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Tech Insurance

Considering a career at Tech 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.
Compensation is competitive, and there are opportunities for advancement. I’ve grown significantly in my role thanks to the company’s development programs. I’ve had a wonderful time working at this company. Colleagues are professional, and the work environment is stable. It is dynamic, it’s a stable place to work.
Commented in May 04, 2025
8
0
Management communicates expectations clearly, and processes are well-structured. It’s a steady workplace with reasonable expectations for performance. The team is professional, though interactions are mostly task-oriented. The work-life balance is respected, and managers are supportive of flexible schedules when needed. I’ve had opportunities to attend industry conferences and training sessions, w...
Commented in November 12, 2024
41
0
It’s a great place for those who value growth and a positive workplace culture. Processes are well-defined, which helps in daily tasks. A fantastic place to grow your career.
Commented in March 08, 2024
27
2

Tech Insurance Overview

Website
www.techinsurance.com
Founded In
1997
Employees
<25 employees
Industry
Insurance
Headquarter Address
30 N La Salle St Chicago Illinois IL 60602
Revenue
$5 Million - $10 Million
Phone Number
+1 9723908484
Social Media
About Tech Insurance
TechInsurance is the nation's leading online insurance agent for small and micro businesses (those with 10 or fewer employees). Since its launch in 1997, TechInsurance has provided a convenient online destination where IT and technology consultants, contractors, and business owners can find essential liability insurance coverage from top-rated providers by completing an application process that ta

What Benefits Does Tech Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tech 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Tech Insurance.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Tech Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Tech Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tech Insurance

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

The typical annual salary range for most roles at Tech Insurance is approximately from $86,366 to $110,989. 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 Tech Insurance pay compared to Konen Insurance Agency?

The average annual salary at Tech Insurance is $98,160, or an hourly wage of $47, in comparison to Konen Insurance Agency which pays $96,398 per year or $46 per hour.

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

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

Experience level is a significant factor in determining salary at Tech 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 Tech Insurance in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at Tech Insurance?

Salary increases at Tech Insurance are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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