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Price Insurance Salary

Price Insurance Salary

How much does the Price Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Price Insurance in the United States is $93,329. This translates to an approximate hourly wage of $45. Salaries at Price Insurance typically range from $82,114 to $105,526 annually, reflecting the diverse roles and experience levels within the company. Price 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 Price Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Price 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 Price Insurance

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

Is Price Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Price 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)
Price Insurance
Insurance
Trumble Agency
Lloyd's of Munhall
Industry Comparison
Our data shows that, on average, compensation at Price Insurance is below the average for the U.S. Insurance industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Price Insurance average annual salary with several similar companies. Price Insurance average salary of $93,329 is higher than Trumble Agency, which has an average salary of $88,318. It is higher than Lloyd's of Munhall, with their average salary at $88,782. This places Price Insurance in a competitive position among its peers.
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How Price Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Price Insurance

Considering a career at Price 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.
Work-life balance is respected, and flexible scheduling options are available. The company embraces modern work trends, offering flexible schedules and remote options. The hybrid work model is a great perk. Managers are approachable and recognize employee contributions. Team-building activities and open-door policies make collaboration easy.
Commented in April 21, 2025
30
2
It is innovative, the company provides job security and standard benefits. Benefits are excellent. Processes are standard. I’ve had the chance to work on meaningful projects that impact clients positively. The company maintains a professional atmosphere, and colleagues are respectful. Highly recommended for those in the insurance field. A company with fair policies. Benefits are standard, and man...
Commented in March 27, 2025
18
2
The company offers a supportive and dynamic work environment. Career growth is encouraged, and the company supports further education. The company offers regular training and certifications to keep skills updated. Management is competent, though not overly innovative.
Commented in September 15, 2024
17
1

Price Insurance Overview

Website
www.priceinsurance.us
Founded In
1937
Employees
<25 employees
Industry
Insurance
Headquarter Address
580 N Western Ave Lake Forest Illinois IL 60045
Revenue
<$5 Million
Phone Number
+1 8472340411
Social Media
About Price Insurance
Price Insurance, founded by Paul T. Price after he moved to Lake Forest in the 1920s, is a fourth generation insurance agency. Since 1937, we have been completely family-owned and operated, with strong roots in the Illinois community. Through the years we've had the opportunity to build a solid network of carriers - allowing us to offer you rates and coverage options that remain unmatched by compe

What Benefits Does Price Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Price 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Price Insurance.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Price Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Price Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Price Insurance

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

The typical annual salary range for most roles at Price Insurance is approximately from $82,114 to $105,526. 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 Price Insurance pay compared to Trumble Agency?

The average annual salary at Price Insurance is $93,329, or an hourly wage of $45, in comparison to Trumble Agency which pays $88,318 per year or $42 per hour.

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

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

Experience level is a significant factor in determining salary at Price 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 Price Insurance in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at Price Insurance?

Salary increases at Price Insurance are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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