Preferred Insurance Solutions LLC Salary

Preferred Insurance Solutions LLC Salary

How much does the Preferred Insurance Solutions LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Preferred Insurance Solutions LLC in the United States is $98,444. This translates to an approximate hourly wage of $47. Salaries at Preferred Insurance Solutions LLC typically range from $86,614 to $111,306 annually, reflecting the diverse roles and experience levels within the company. Preferred Insurance Solutions LLC’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 Preferred Insurance Solutions LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Insurance Solutions LLC. 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.
How accurate does the salary look to you?

Current Job Openings at Preferred Insurance Solutions LLC

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

Is Preferred Insurance Solutions LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Insurance Solutions LLC’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)
Preferred Insurance Solutions LLC
Insurance
Benefit Management & Brokerage Inc
Goulish-Kosco Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Preferred Insurance Solutions LLC is below the average for the U.S. Insurance industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Insurance Solutions LLC average annual salary with several similar companies. Preferred Insurance Solutions LLC average salary of $98,444 is higher than Benefit Management & Brokerage Inc, which has an average salary of $86,293. It is higher than Goulish-Kosco Insurance Agency, with their average salary at $86,810. This places Preferred Insurance Solutions LLC in a competitive 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 Preferred Insurance Solutions LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Insurance Solutions LLC

Considering a career at Preferred Insurance Solutions LLC? 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 work-life balance is well-maintained. This insurance company has exceeded my expectations in terms of workplace culture and growth opportunities. Strong ethics and employee-focused policies. The company provides clear expectations, making it easy to perform tasks efficiently.
Commented in April 26, 2025
26
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The leadership is transparent about company direction, making employees feel involved. The workplace is well-organized, and processes are clearly defined. It’s a reliable workplace for those seeking steady employment. The company operates efficiently with structured processes in place. The insurance knowledge gained here is valuable for long-term career growth.
Commented in April 09, 2025
8
0
The work environment is professional yet welcoming, and colleagues are always willing to help. A fantastic place to grow in the insurance industry. I appreciate the transparency and integrity of this company. The compensation is fair, and the health benefits are above average. The insurance products are well-regarded, and the company maintains a good reputation.
Commented in January 19, 2025
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Preferred Insurance Solutions LLC Overview

Website
www.preferredinsurancesolutions.com
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
20030 Century Blvd Germantown Maryland MD 20874
Revenue
<$5 Million
Phone Number
+1 3014283344
Social Media
About Preferred Insurance Solutions LLC
Founded in 2000, Preferred Insurance Solutions is an independent insurance agency based in Germantown, Maryland. We have earned our representation for professionalism due to the special attention given to the needs, requirements and details of our clients while forthrightly complying with the underwriting guidelines and expectations of our carriers. Preferred Insurance Solutions will provide its c

What Benefits Does Preferred Insurance Solutions LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Insurance Solutions LLC 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 Germantown?

Understanding the cost of living near Germantown is key to truly evaluating a salary offer or your current compensation at Preferred Insurance Solutions LLC.
Germantown's Cost of Living Index is approximately 120.3 (20.3% more expensive than US average; 6.5% more than MD average). Montgomery County suburb, growing, housing costs above US average. Ride On bus, MARC train access. When planning your budget based on a salary from Preferred Insurance Solutions LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,500+ A significant portion of Preferred Insurance Solutions LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On monthly pass, MARC extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,125 - $4,875+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Insurance Solutions LLC

1. What is the estimated average total compensation at Preferred Insurance Solutions LLC?

Salary.com estimates that the average total compensation package at Preferred Insurance Solutions LLC, which can include base salary, potential bonuses, and benefits, is around $98,444 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Preferred Insurance Solutions LLC pay compared to Benefit Management & Brokerage Inc?

The average annual salary at Preferred Insurance Solutions LLC is $98,444, or an hourly wage of $47, in comparison to Benefit Management & Brokerage Inc which pays $86,293 per year or $41 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Preferred Insurance Solutions LLC?

Salary progression from an entry-level to a senior role at Preferred Insurance Solutions LLC can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Preferred Insurance Solutions LLC in Germantown is fair given the local cost of living?

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

5. Are promotions at Preferred Insurance Solutions LLC usually accompanied by a significant salary increase?

Yes, promotions at Preferred Insurance Solutions LLC are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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