Security Insurance Inc Salary

How much does the Security Insurance Inc Pay for employees?

As of August 2026, the average annual salary for employees at Security Insurance Inc in the United States is $83,899. This translates to an approximate hourly wage of $40. Salaries at Security Insurance Inc typically range from $73,821 to $94,869 annually, reflecting the diverse roles and experience levels within the company. Security Insurance 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 Security Insurance Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Security Insurance 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 Security Insurance Inc

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

Is Security Insurance Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Security Insurance 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)
Security Insurance Inc
Insurance
Hutchison Insurance Agency Inc
Summit Benefits Insurance
Industry Comparison
Our data shows that, on average, compensation at Security Insurance Inc is below the average for the U.S. Insurance industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Security Insurance Inc average annual salary with several similar companies. Security Insurance Inc average salary of $83,899 is lower than Hutchison Insurance Agency Inc, which has an average salary of $87,981. It is lower than Summit Benefits Insurance, with their average salary at $89,584. This places Security Insurance Inc in a developing 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 Security Insurance Inc

Considering a career at Security Insurance 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.
While growth opportunities exist, they could be more defined. The company also hosts engaging team-building events, fostering camaraderie. I appreciate the flexible work options and supportive management. I’ve enjoyed my time here due to the strong teamwork and supportive management.
Team environment is motivating. The company also promotes wellness initiatives, contributing to a healthy work environment. Colleagues are professional, and the work environment is stable. The team is collaborative, making problem-solving efficient. The hybrid work policy is a major perk, and health benefits are comprehensive. Working at this insurance company has been a rewarding experience. Coll...
The company operates smoothly, and the workload is manageable. Management is approachable and values feedback. The company also participates in community initiatives, which adds to its positive image.

Security Insurance Inc Overview

Website
www.securityinsurancemn.com
Founded In
1876
Employees
<25 employees
Industry
Insurance
Headquarter Address
225 W Cavour Ave Fergus Falls Minnesota MN 56537
Revenue
<$5 Million
Phone Number
+1 2187362222
Social Media
About Security Insurance Inc
For more than 140 years, Security Insurance has been a locally owned business in the Fergus Falls community. In 1876, Lake & Lowry was established as an independent insurance agency. Through the years, the agency continued to flourish as ownership was passed from owner to owner. In 1990, Paul and Ruth Lindholm sold the agency to Keven and Debbie Crabtree. Keven and Debbie's daughter, Kathryn, and

What Benefits Does Security Insurance Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Security Insurance 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Security Insurance Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Security Insurance Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Security Insurance Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Security Insurance Inc

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

The average annual total compensation for employees at Security Insurance Inc is approximately $83,899. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,821 to $94,869, depending on factors like job role, experience, and location.

2. How much does Security Insurance Inc pay compared to Hutchison Insurance Agency Inc?

The average annual salary at Security Insurance Inc is $83,899, or an hourly wage of $40, in comparison to Hutchison Insurance Agency Inc which pays $87,981 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Security Insurance 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 Security Insurance Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Security Insurance Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Security Insurance 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.

5. What's the typical process for salary reviews and raises at Security Insurance Inc?

Most companies, likely including Security Insurance 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.