Thompson Insurance Inc Salary

Thompson Insurance Inc Salary

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As of August 2026, the average annual salary for employees at Thompson Insurance Inc in the United States is $81,874. This translates to an approximate hourly wage of $39. Salaries at Thompson Insurance Inc typically range from $72,035 to $92,576 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Thompson Insurance Inc

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

Is Thompson Insurance Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Thompson Insurance Inc'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
Old Dominion Title & Escrow $89,363
+9.1%
Data suggests Old Dominion Title & Escrow's workforce skews heavily towards veteran, high-tenure roles.
Fitts Agency Inc $85,439
+4.4%
Influenced by prevailing union wage agreements specific to Fitts Agency Inc's sector.
Inspirien Insurance Co $81,177
-0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Mackinaw Administrators LLC $81,916
+0.1%
Confirms Mackinaw Administrators LLC is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+51.3%
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 Thompson Insurance Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Thompson Insurance Inc

Considering a career at Thompson Insurance Inc? 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.
I appreciate the inclusive culture and the emphasis on teamwork. The company follows structured workflows, ensuring efficiency. Bonuses and incentives are fair, and there’s a strong emphasis on work-life balance. The company operates efficiently, with well-defined processes.
Commented in February 14, 2025
42
1
Working here has been a balanced experience. A solid choice for those prioritizing stability over rapid growth. The company also hosts networking events with other professionals in the field. The company provides clear guidelines, making it easy to navigate daily tasks. The company values employee feedback, and management is responsive. The office culture is inclusive, and teamwork is emphasized.
Commented in August 04, 2024
30
3
Benefits are standard but sufficient. The company provides a stable work environment with clear expectations. The workload is steady, and colleagues are easy to work with. There’s a good mix of challenges and rewards, making each day engaging. The insurance training is top-notch, with access to industry certifications.
Commented in April 01, 2024
43
1

Thompson Insurance Inc Overview

Website
www.thomins.com
Founded In
1963
Employees
<25 employees
Industry
Insurance
Headquarter Address
3300 Gatsby Ln Montgomery Alabama AL 36106
Revenue
$5 Million - $10 Million
Phone Number
+1 3342778970
Social Media
About Thompson Insurance Inc
Over the last fifty years, the growth of Thompson Insurance has mirrored the economic expansion of Alabama and the Southeastern United States. The history and experience of the agency and its staff has it poised for the next half century of serving the needs of insureds across the Gulf Coast. The Edward Thompson Agency (predecessor of Thompson Insurance, Inc.) was founded in 1963 by Edward M. Thom

What Benefits Does Thompson Insurance Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Thompson Insurance Inc 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 Montgomery?

Understanding the cost of living near Montgomery is key to truly evaluating a salary offer or your current compensation at Thompson Insurance Inc.
Montgomery's Cost of Living Index is approximately 77.4 (22.6% less expensive than US average; 5.9% less than AL average). Primary driver is very low housing costs. When planning your budget based on a salary from Thompson Insurance Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,300+ A significant portion of Thompson Insurance Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $50 (The M Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $500 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,880 - $3,240+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Thompson Insurance Inc

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

The typical annual salary range for most roles at Thompson Insurance Inc is approximately from $72,035 to $92,576. 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 Thompson Insurance Inc pay compared to Old Dominion Title & Escrow?

The average annual salary at Thompson Insurance Inc is $81,874, or an hourly wage of $39, in comparison to Old Dominion Title & Escrow which pays $89,363 per year or $43 per hour.

3. Do salaries differ significantly between departments at Thompson Insurance Inc?

Yes, salaries often differ between departments at Thompson Insurance Inc 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 Thompson Insurance Inc?

Experience level is a significant factor in determining salary at Thompson Insurance Inc, 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 Thompson Insurance Inc in Montgomery is fair given the local cost of living?

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

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

An individual's actual salary at Thompson Insurance Inc 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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