Michigan Insurance Source Salary
How much does the Michigan Insurance Source Pay for employees?
How Much Does Michigan Insurance Source Pay for Different Roles?
Sales Manager
$111,793 / year
Salary Range: $96,247 - $128,241
Sales
Insurance Adjuster
$46,102 / year
Salary Range: $42,397 - $50,213
Claims
Senior Administrative Assistant
$44,869 / year
Salary Range: $40,703 - $49,270
Administrative Assistant II
Customer Service Representative
$32,364 / year
Salary Range: $29,206 - $35,665
Customer Service
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Current Job Openings at Michigan Insurance Source
Is Michigan Insurance Source’s Pay Competitive? Salary Benchmarking Analysis
How Michigan Insurance Source's Salaries Compare to Similar Companies?
Mears Insurance Group
$87,179 / year
Salary Range: $76,699 - $98,563
Valdese, NC
Abacus Title & Escrow Group LLC
$86,863 / year
Salary Range: $76,424 - $98,210
Grand Rapids, MI
Wenclewicz Insurance
$89,109 / year
Salary Range: $78,403 - $100,758
Indianapolis, IN
Sellman Insurance Group
$86,588 / year
Salary Range: $76,186 - $97,905
Urbana, OH
Jennings Insurance Group
$83,382 / year
Salary Range: $73,363 - $94,283
Osage Beach, MO
Pacific Rim Agency
$91,103 / year
Salary Range: $80,153 - $103,002
Molalla, OR
Butler & Associates Insurance Agency Inc
$96,662 / year
Salary Range: $85,047 - $109,294
Apple Valley, MN
The Klement Agency
$89,626 / year
Salary Range: $78,861 - $101,344
Prosper, TX
HSK Insurance Solutions
$97,242 / year
Salary Range: $85,560 - $109,952
San Diego, CA
Employee Reviews: Working at Michigan Insurance Source
Michigan Insurance Source Overview
What Benefits Does Michigan Insurance Source Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Detroit?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $800 - $1,500+ (Highly variable) | A significant portion of Michigan Insurance Source salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (DDOT/SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Michigan Insurance Source
1. What is the average salary for employees at Michigan Insurance Source?
The average annual total compensation for employees at Michigan Insurance Source is approximately $91,862. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,832 to $103,868, depending on factors like job role, experience, and location.
2. How much does Michigan Insurance Source pay compared to Mears Insurance Group?
The average annual salary at Michigan Insurance Source is $91,862, or an hourly wage of $44, in comparison to Mears Insurance Group which pays $87,179 per year or $42 per hour.
3. What is the lowest salary at Michigan Insurance Source?
The lowest-paying job at Michigan Insurance Source is a Customer Service Representative with a salary of $32,364 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 Michigan Insurance Source?
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 Michigan Insurance Source for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
5. Does Michigan Insurance Source offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?
While some companies offer formal COLA, many, including potentially Michigan Insurance Source, 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 Michigan Insurance Source?
Most companies, likely including Michigan Insurance Source, 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.
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