Business Insurance Agent Salary in the United States

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What is the salary range of Business Insurance Agent?

As of November 01, 2024, the average annual pay of Business Insurance Agent in the United States is $95,314. While Salary.com is seeing that Business Insurance Agent salary in the US can go up to $135,662 or down to $70,243, but most earn between $82,190 and $116,434. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Business Insurance Agent in the United States.

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Salary range for an Business Insurance Agent
$82,190 to $116,434
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Business Insurance Agent Salary in Major Cities

This chart shows the salary comparison for Business Insurance Agent between major cities. San Francisco City consistently ranks #1 as of November 01, 2024. Click on the chart to see the detail salary data for Business Insurance Agent in each city.

Business Insurance Agent Salary by City

Click to see the salary for Business Insurance Agent in these major U.S. cities.
City Name Average Salary
San Francisco, CA $119,142
Washington, DC $106,084
Miami, FL $91,978
Chicago, IL $99,984
Boston, MA $106,846
New York, NY $111,326
Dallas, TX $94,074
If you'd like know Business Insurance Agent Salary in other cities, then please select a city in

Average Salary Range for Business Insurance Agent

Average Base Salary

Core compensation

 
 
 
82190
116434
95314

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85294
124697
100290
What is the average salary for Business Insurance Agent in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Insurance Agent in the United States. The base salary for Business Insurance Agent ranges from $82,190 to $116,434 with the average base salary of $95,314. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,294 to $124,697 with the average total cash compensation of $100,290.

View Average Salary for Business Insurance Agent as table

Average Salary Average Salary Range
Base Salary $95,314 $82,190 - $116,434
Bonus $4,976 $3,104 - $8,263
Total Pay $100,290 $85,294 - $124,697
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Estimate Salary for Business Insurance Agent online for free

Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Business Insurance Agent, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Your target salary is ?
82190
116434

 

Comments about Business Insurance Agent

What's the difference between Insurance Agent and Business Insurance Agent?
According to our latest salary estimation on November 01, 2024. The average salary of Business Insurance Agent is $95,314, and the average salary of Insurance Agent is $56,344. The average salary of Insurance Agent is lower than Business Insurance Agent. ( 2024-10-25 salary.com )
I am a Business Insurance Agent, which location’s salary is higher, Saint Louis, MO or Grand Forks, ND?
Saint Louis, MO typically sees higher pay than Grand Forks, ND for Business Insurance Agent. a Business Insurance Agent Salary in Saint Louis, MO is $93,312 as of November 01, 2024; a Business Insurance Agent Salary in Grand Forks, ND is $89,595 as of November 01, 2024. ( 2024-10-25 salary.com )

Business Insurance Agent Frequently Asked Questions

Why does the salary of a Business Insurance Agent vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-10-25 salary.com )
What are the Pay Factors for Business Insurance Agent?
Salary ranges for a Business Insurance Agent can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2024-10-25 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-10-25 salary.com )

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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Last Update: November 01, 2024