Lipscomb Insurance Group Inc Salary

How much does the Lipscomb Insurance Group Inc Pay for employees?

As of August 2026, the average annual salary for employees at Lipscomb Insurance Group Inc in the United States is $89,732. This translates to an approximate hourly wage of $43. Salaries at Lipscomb Insurance Group Inc typically range from $78,944 to $101,453 annually, reflecting the diverse roles and experience levels within the company. Lipscomb Insurance Group Inc’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 Lipscomb Insurance Group Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lipscomb Insurance Group Inc. 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 Lipscomb Insurance Group Inc

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

Is Lipscomb Insurance Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lipscomb Insurance Group Inc’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)
Lipscomb Insurance Group Inc
Insurance
International Insurance Administration
AMANA INSURANCE Co
Industry Comparison
Our data shows that, on average, compensation at Lipscomb Insurance Group Inc is below the average for the U.S. Insurance industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lipscomb Insurance Group Inc average annual salary with several similar companies. Lipscomb Insurance Group Inc average salary of $89,732 is higher than International Insurance Administration, which has an average salary of $85,660. It is lower than AMANA INSURANCE Co, with their average salary at $90,291. This places Lipscomb Insurance Group Inc 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.

Employee Reviews: Working at Lipscomb Insurance Group Inc

Considering a career at Lipscomb Insurance Group Inc? 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.
This company is a fantastic place to work in the insurance field. The insurance sector experience here is valuable, and colleagues are cooperative. The insurance processes are streamlined, reducing unnecessary hurdles. I’ve been with this insurance firm for several years and have seen consistent growth. It’s a rewarding place to grow your career.
Compensation is in line with industry standards, and the benefits are decent. Benefits are competitive, and there are regular opportunities for skill-building. Career growth depends on departmental needs, but internal mobility is possible. The leadership is transparent about company goals, and employees are recognized for their contributions. The company offers standard benefits, including health ...
Leadership is transparent about company goals, which helps align team efforts. Leadership fosters a culture of respect and innovation. With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly. I appreciate the flexible work options and supportive management. It is dynamic, it’s a stable place to work. The workplace is structu...

Lipscomb Insurance Group Inc Overview

Website
www.lipscombinsurance.com
Founded In
1995
Employees
<25 employees
Industry
Insurance
Headquarter Address
5429 Lyndon B Johnson Fwy Dallas Texas TX 75240
Revenue
$5 Million - $10 Million
Phone Number
+1 2144205200
Social Media
About Lipscomb Insurance Group Inc
Lipscomb Insurance Group, Inc. is an independent insurance agency based in Dallas, Texas and is home to a team of innovative professionals representing over 100 years of combined experience. We offer a full range of Property & Casualty and Life, Health & Benefits solutions for both commercial and personal lines clients. Our firm is known for its ability to provide custom crafted insurance programs

What Benefits Does Lipscomb Insurance Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lipscomb Insurance Group Inc 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 Dallas?

Understanding the cost of living near Dallas is key to truly evaluating a salary offer or your current compensation at Lipscomb Insurance Group Inc.
Dallas' Cost of Living Index is approximately 101.6 (1.6% more expensive than US average; 9.2% more than TX average). Major city, corporate hub, housing costs above US avg in desirable areas. DART bus/rail. When planning your budget based on a salary from Lipscomb Insurance Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $2,000+ A significant portion of Lipscomb Insurance Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,776 - $4,376+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lipscomb Insurance Group Inc

1. What is the average salary for employees at Lipscomb Insurance Group Inc?

The average annual total compensation for employees at Lipscomb Insurance Group Inc is approximately $89,732. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,944 to $101,453, depending on factors like job role, experience, and location.

2. How much does Lipscomb Insurance Group Inc pay compared to International Insurance Administration?

The average annual salary at Lipscomb Insurance Group Inc is $89,732, or an hourly wage of $43, in comparison to International Insurance Administration which pays $85,660 per year or $41 per hour.

3. What is the lowest salary at Lipscomb Insurance Group Inc?

The lowest-paying job at Lipscomb Insurance Group Inc is an Accounting Assistant with a salary of $40,837 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lipscomb Insurance Group Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Lipscomb Insurance Group Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lipscomb Insurance Group Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Dallas?

While some companies offer formal COLA, many, including potentially Lipscomb Insurance Group Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Lipscomb Insurance Group Inc?

Most companies, likely including Lipscomb Insurance Group Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.