Larson Insurance Salary

Larson Insurance Salary

How much does the Larson Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Larson Insurance in the United States is $85,534. This translates to an approximate hourly wage of $41. Salaries at Larson Insurance typically range from $75,251 to $96,710 annually, reflecting the diverse roles and experience levels within the company. Larson 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 Larson Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Larson 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 Larson Insurance

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

Is Larson Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Larson 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)
Larson Insurance
Insurance
Wadi El-Neel
TruInsure
Industry Comparison
Our data shows that, on average, compensation at Larson Insurance is below the average for the U.S. Insurance industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Larson Insurance average annual salary with several similar companies. Larson Insurance average salary of $85,534 is lower than Wadi El-Neel, which has an average salary of $91,947. It is higher than TruInsure, with their average salary at $85,354. This places Larson Insurance in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Larson Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Larson Insurance

Considering a career at Larson 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.
Benefits like health insurance and retirement plans are top-notch. Office setup is functional but not flashy. The company culture is inclusive, and diversity is celebrated. Workloads are distributed fairly, and teamwork is highly encouraged.
Commented in March 23, 2025
12
2
The insurance field is challenging, but the company provides excellent training. The company operates efficiently in the insurance space. The insurance industry can be tough, but this company makes it enjoyable. Managers are supportive, and the insurance products are well-designed. Fast-growing company with clear career progression. Compensation is competitive, aligning with industry standards. Go...
Commented in December 13, 2024
42
3
A forward-thinking workplace. This is a solid employer in the insurance industry. Managers are attentive and provide clear direction, making it easy to meet objectives. I’ve enjoyed my time here and would recommend it to others seeking a fulfilling insurance career.
Commented in September 06, 2024
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Larson Insurance Overview

Website
www.larsoninsurance.com
Founded In
1983
Employees
<25 employees
Industry
Insurance
Headquarter Address
415 Broadway St Alexandria Minnesota MN 56308
Revenue
$5 Million - $10 Million
Phone Number
+1 3207636916
Social Media
About Larson Insurance
We are an independent insurance agency, with local Minnesota offices in Alexandria and Fergus Falls. Larson Insurance is a full service agency offering: auto, home, life, business, farm, bonds, umbrellas, annuities, long-term care and health insurance, as well as coverage for boats, motorcycles, and snowmobiles. We take pride in our ability to offer our customers a variety of those choices through

What Benefits Does Larson Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Larson 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Larson Insurance.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Larson Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Larson Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Larson Insurance

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

The typical annual salary range for most roles at Larson Insurance is approximately from $75,251 to $96,710. 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 Larson Insurance pay compared to Wadi El-Neel?

The average annual salary at Larson Insurance is $85,534, or an hourly wage of $41, in comparison to Wadi El-Neel which pays $91,947 per year or $44 per hour.

3. Do salaries differ significantly between departments at Larson Insurance?

Yes, salaries often differ between departments at Larson Insurance 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 Larson Insurance?

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

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

6. What are the key factors that influence salary levels at Larson Insurance?

Several key factors influence salary levels at Larson Insurance. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Larson Insurance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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