Phillips Insurance Agency Salary

How much does the Phillips Insurance Agency Pay for employees?

As of August 2026, the average annual salary for employees at Phillips Insurance Agency in the United States is $94,584. This translates to an approximate hourly wage of $45. Salaries at Phillips Insurance Agency typically range from $83,214 to $106,941 annually, reflecting the diverse roles and experience levels within the company. Phillips Insurance Agency’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 Phillips Insurance Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Phillips Insurance Agency. 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 Phillips Insurance Agency

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

Is Phillips Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Phillips Insurance Agency’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)
Phillips Insurance Agency
Insurance
E A Stevens Company Inc
The Marcus Agency
Industry Comparison
Our data shows that, on average, compensation at Phillips Insurance Agency is below the average for the U.S. Insurance industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Phillips Insurance Agency average annual salary with several similar companies. Phillips Insurance Agency average salary of $94,584 is lower than E A Stevens Company Inc, which has an average salary of $97,136. It is lower than The Marcus Agency, with their average salary at $102,453. This places Phillips Insurance Agency in a developing position among its peers.
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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 Phillips Insurance Agency

Considering a career at Phillips Insurance Agency? 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 insurance field can be complex, but training is thorough. It’s a suitable place for those who prefer a predictable work routine in the insurance field. Overall, it’s a dependable employer for those in the insurance sector. I’ve had opportunities to attend industry conferences and training sessions, which have helped me grow in my role. The insurance industry knowledge gained is invaluable.
The company maintains a professional atmosphere, and communication from leadership is clear. The office culture is low-drama, which is appreciated. The collaborative culture makes problem-solving efficient, and cross-department communication is smooth. A good option for those who prefer a no-frills insurance job.
Strong ethics and employee-focused policies. Even with a large workforce, individual contributions are recognized. Typical insurance workplace. The insurance industry is ever-changing, but the team adapts well. I’m satisfied with my role and the opportunities available here. The hybrid work model is a great perk.

Phillips Insurance Agency Overview

Website
www.phillipsinsurance.com
Founded In
1953
Employees
<25 employees
Industry
Insurance
Headquarter Address
97 Center St Chicopee Massachusetts MA 01013
Revenue
$5 Million - $10 Million
Phone Number
+1 4135945984
Social Media
About Phillips Insurance Agency
Phillips Insurance Agency is an independent insurance agency. It offers a full range of insurance products such as personal & business insurance, life & health insurance, and commercial & fidelity bonds. The company was founded in and is based in Chicopee, Massachusetts.

What Benefits Does Phillips Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Phillips Insurance Agency 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 Chicopee?

Understanding the cost of living near Chicopee is key to truly evaluating a salary offer or your current compensation at Phillips Insurance Agency.
Chicopee's Cost of Living Index is approximately 96.2 (3.8% less expensive than US average; 27.4% less than MA average). Western MA city near Springfield, affordable housing. PVTA bus. When planning your budget based on a salary from Phillips Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Phillips Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (PVTA monthly 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,318 - $3,688+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Phillips Insurance Agency

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

The typical annual salary range for most roles at Phillips Insurance Agency is approximately from $83,214 to $106,941. 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 Phillips Insurance Agency pay compared to E A Stevens Company Inc?

The average annual salary at Phillips Insurance Agency is $94,584, or an hourly wage of $45, in comparison to E A Stevens Company Inc which pays $97,136 per year or $47 per hour.

3. Do salaries differ significantly between departments at Phillips Insurance Agency?

Yes, salaries often differ between departments at Phillips Insurance Agency 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 Phillips Insurance Agency?

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

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

6. Are the salaries listed for Phillips Insurance Agency on Salary.com pre-tax or after-tax?

All salary figures displayed for Phillips Insurance Agency, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.