Independence Insurance Salary

Independence Insurance Salary

How much does the Independence Insurance Pay for employees?

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As of May 2026, the average annual salary for employees at Independence Insurance in the United States is $98,476. This translates to an approximate hourly wage of $47. Salaries at Independence Insurance typically range from $86,650 to $111,355 annually, reflecting the diverse roles and experience levels within the company. Independence Insurance’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.

How Much Does Independence Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Independence Insurance. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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 Independence Insurance

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

Is Independence Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Independence Insurance’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)
Independence Insurance
Insurance
The Maynard Group Agency
Hoffman Insurance Group
Industry Comparison
Our data shows that, on average, compensation at Independence Insurance is below the average for the U.S. Insurance industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Independence Insurance average annual salary with several similar companies. Independence Insurance average salary of $98,476 is higher than The Maynard Group Agency, which has an average salary of $84,289. It is higher than Hoffman Insurance Group, with their average salary at $86,008. This places Independence Insurance in a competitive position among its peers.
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How Independence Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Independence Insurance

Considering a career at Independence 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.
Training programs are available, though more advanced courses would be a plus. The company also promotes wellness initiatives, contributing to a healthy work environment. I’ve grown significantly since joining this company. Benefits, including health insurance and retirement plans, are excellent.
Commented in April 12, 2025
37
3
The workload is manageable, and teamwork is emphasized. The leadership team is knowledgeable and supportive, always willing to mentor employees. While the role may not be highly innovative, it offers stability and industry-standard benefits. The office environment is modern and welcoming. Leadership is approachable and invests in staff development through continuous learning programs. Compensation...
Commented in November 17, 2024
38
1
The leadership team is transparent about company goals, which helps employees align their efforts. Flexible work options and strong benefits add to the appeal. Good perks too.
Commented in September 19, 2024
8
0

Independence Insurance Overview

Website
www.independenceinsurance.com
Founded In
1982
Employees
<25 employees
Industry
Insurance
Headquarter Address
590 Bedford St Abington Massachusetts MA 02351
Revenue
<$5 Million
Phone Number
+1 7818711510
Social Media
About Independence Insurance
For more than three decades, Independence Insurance Agency has been focused on one thing, the insurance needs of families. We work to understand our clients and their needs and to provide insurance products for families to give them peace of mind and to protect them from the risk of loss. We understand that many families have questions and worry about making insurance decisions they may not fully

What Benefits Does Independence Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Independence 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 Brockton?

Understanding the cost of living near Brockton is key to truly evaluating a salary offer or your current compensation at Independence Insurance.
Brockton's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.3% less than MA average). 'City of Champions', south of Boston, more affordable housing. BAT bus, Commuter Rail. When planning your budget based on a salary from Independence Insurance, 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 Independence Insurance salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (BAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,950 - $4,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Independence Insurance

1. How much does Independence Insurance in the United States pay?

Independence Insurance pays its employees an average of $98,476 per year. The average salary at Independence Insurance range from $86,650 to $111,355 per year. 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. Do Independence Insurance employees get a higher salary than its peer company?

The salary at Independence Insurance is higher than its peer company. The average annual salary at Independence Insurance is $98,476, or an hourly wage of $47, in comparison to The Maynard Group Agency which pays $84,289 per year or $41 per hour.

3. How much does salary increase with years of experience at Independence Insurance?

Salary progression with years of experience at Independence Insurance is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Independence Insurance vary by office location?

Yes, it's very likely that salaries at Independence Insurance vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Brockton section provides more context.

5. Does Independence Insurance offer good benefits?

Independence Insurance typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Independence Insurance" section on this page.

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