Virginia Insurance Services Salary

Virginia Insurance Services Salary

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As of August 2026, the average annual salary for employees at Virginia Insurance Services in the United States is $90,438. This translates to an approximate hourly wage of $43. Salaries at Virginia Insurance Services typically range from $79,576 to $102,258 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Virginia Insurance Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Virginia Insurance Services. Based on our data, the highest paying job is the President, with an annual salary of $700,074. 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 Virginia Insurance Services

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

Is Virginia Insurance Services’s Pay Competitive? Salary Benchmarking Analysis

How does Virginia Insurance Services'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
Bold City Insurance $85,428
-5.5%
Normalized for lower cost-of-living zones where Bold City Insurance primarily operates.
Christian Charles Insurance Services Inc $102,105
+12.9%
Reflects structural premiums typical of Christian Charles Insurance Services Inc's large-cap national operations.
Alta Actuaries & Consultants LLC $94,848
+4.9%
Reflects a supply-demand imbalance for the specific talent Alta Actuaries & Consultants LLC targets.
Insley Insurance & Financial Services Inc $96,620
+6.8%
Adjusted for higher cost-of-living indices in Insley Insurance & Financial Services Inc's primary metro hubs.
Insurance Industry $123,858
+37.0%
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 Virginia Insurance Services's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Virginia Insurance Services

Considering a career at Virginia Insurance Services? 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 joined this firm recently and am impressed by the structured onboarding process. This company is a fantastic place to work in the insurance field. While not groundbreaking, it’s a reliable place to work. Love the team dynamics and the company’s commitment to employee well-being. The insurance products are innovative, keeping work interesting.
Commented in May 17, 2025
33
0
I’d recommend this workplace to insurance professionals. The company culture promotes collaboration and innovation in the insurance space. There are occasional training sessions, though more specialized programs could be beneficial. I’ve built strong professional relationships here and feel motivated to contribute long-term. Overall, it’s a stable and fulfilling place to build a career in the insu...
Commented in April 20, 2025
17
2
The insurance industry knowledge shared here is valuable. The insurance industry can be demanding, but the culture here makes it enjoyable. The office culture is positive, and flexible work arrangements add convenience.
Commented in November 07, 2024
44
3

Virginia Insurance Services Overview

Website
www.myvirginiainsurance.com
Founded In
1983
Employees
<25 employees
Industry
Insurance
Headquarter Address
4600 Millridge Pkwy Midlothian Virginia VA 23112
Revenue
<$5 Million
Phone Number
+1 8047443345
Social Media
About Virginia Insurance Services
Family-owned and operated Virginia Insurance Services was founded in 1983 by Gene and Ruth Lastfogel. For the last 30 years we've worked hard to develop outstanding partnerships with both national and local auto, home, life, and business insurance providers. Because of these partnerships, we are able to provide you and all Virginia residents with the best prices on your policies, all tailored spec

What Benefits Does Virginia Insurance Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Virginia Insurance Services 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 Virginia Insurance Services?
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Virginia Insurance Services.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Virginia Insurance Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Virginia Insurance Services salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Virginia Insurance Services

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

The typical annual salary range for most roles at Virginia Insurance Services is approximately from $79,576 to $102,258. 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 Virginia Insurance Services pay compared to Bold City Insurance?

The average annual salary at Virginia Insurance Services is $90,438, or an hourly wage of $43, in comparison to Bold City Insurance which pays $85,428 per year or $41 per hour.

3. Do salaries differ significantly between departments at Virginia Insurance Services?

Yes, salaries often differ between departments at Virginia Insurance Services 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 Virginia Insurance Services?

Experience level is a significant factor in determining salary at Virginia Insurance Services, 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 Virginia Insurance Services in Richmond is fair given the local cost of living?

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

6. What factors influence salary increases at Virginia Insurance Services?

Salary increases at Virginia Insurance Services 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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