Drake Insurance Solutions LLC Salary

Drake Insurance Solutions LLC Salary

How much does the Drake Insurance Solutions LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Drake Insurance Solutions LLC in the United States is $101,799. This translates to an approximate hourly wage of $49. Salaries at Drake Insurance Solutions LLC typically range from $89,546 to $115,135 annually, reflecting the diverse roles and experience levels within the company. Drake Insurance Solutions LLC’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Drake Insurance Solutions LLC

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

Is Drake Insurance Solutions LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Insurance Solutions LLC’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Drake Insurance Solutions LLC
Insurance
Gunn Mowery Insurance Group Inc
Survest Insurance Group
Industry Comparison
Our data shows that, on average, compensation at Drake Insurance Solutions LLC is below the average for the U.S. Insurance industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drake Insurance Solutions LLC average annual salary with several similar companies. Drake Insurance Solutions LLC average salary of $101,799 is higher than Gunn Mowery Insurance Group Inc, which has an average salary of $91,957. It is higher than Survest Insurance Group, with their average salary at $91,367. This places Drake Insurance Solutions LLC in a competitive position among its peers.
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How Drake Insurance Solutions LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Drake Insurance Solutions LLC

Considering a career at Drake Insurance Solutions LLC? 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.
The leadership is transparent about company goals, and employees are kept in the loop through regular updates. The office environment is modern and welcoming. While innovation is gradual, the fundamentals are strong. Benefits like health coverage and retirement plans are strong. The compensation is competitive, with bonuses tied to performance.
Commented in February 23, 2025
43
3
A forward-thinking employer with a strong vision. The benefits are excellent, including performance bonuses and tuition reimbursement for further education. Coworkers are friendly, and there’s a strong sense of teamwork across departments. Overall, it’s a well-run organization with good growth potential. The hybrid work policy is a major perk, allowing flexibility. The company is well-established,...
Commented in June 06, 2024
9
0
The hybrid work model adds convenience, and the overall culture is welcoming. It’s a reliable employer, though more team-building activities would improve engagement. The benefits package is adequate, though not exceptional. Decent workload balance. It’s a suitable workplace for those seeking consistency in the insurance sector.
Commented in February 22, 2024
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Drake Insurance Solutions LLC Overview

Website
Data pending, update soon.
Founded In
2019
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
2280 Grass Valley Hwy Auburn California CA 95603
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Drake Insurance Solutions LLC
Drake Insurance Solutions LLC is a company that operates in the Insurance industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Auburn, California.

What Benefits Does Drake Insurance Solutions LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Insurance Solutions LLC 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 Sacramento?

Understanding the cost of living near Sacramento is key to truly evaluating a salary offer or your current compensation at Drake Insurance Solutions LLC.
Sacramento's Cost of Living Index is approximately 118.8 (18.8% more expensive than US average; 15.0% less than CA average). State capital, more affordable than coastal CA but housing costs have risen significantly. When planning your budget based on a salary from Drake Insurance Solutions LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Drake Insurance Solutions LLC salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (SacRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,800 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Insurance Solutions LLC

1. What is the estimated average total compensation at Drake Insurance Solutions LLC?

Salary.com estimates that the average total compensation package at Drake Insurance Solutions LLC, which can include base salary, potential bonuses, and benefits, is around $101,799 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Drake Insurance Solutions LLC pay compared to Gunn Mowery Insurance Group Inc?

The average annual salary at Drake Insurance Solutions LLC is $101,799, or an hourly wage of $49, in comparison to Gunn Mowery Insurance Group Inc which pays $91,957 per year or $44 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Drake Insurance Solutions LLC?

Salary progression from an entry-level to a senior role at Drake Insurance Solutions LLC can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Drake Insurance Solutions LLC in Sacramento is fair given the local cost of living?

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

5. Are promotions at Drake Insurance Solutions LLC usually accompanied by a significant salary increase?

Yes, promotions at Drake Insurance Solutions LLC are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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