How Much Should Insurance Agency Owners Pay Themselves?
How do independent insurance agency owners decide what to pay themselves?
In this episode of Build Your Legacy: Insurance Edition, we dive into insurance agency compensation—how much to pay yourself, when to adjust your salary, and why stability matters more than spikes in income.
✅ Producer vs. Owner Pay – How to set your rate based on your role
✅ Market-Based Salaries – Why local benchmarks are essential
✅ Avoiding Overpayment – Don’t let good months create bad habits
✅ End-of-Year Planning – Reinvesting and structuring owner distributions
✅ Transitioning Roles – Adjusting compensation as your agency scales
This episode is a must for new and growing agency owners aiming to build stability and financial success.
Learn more at: www.siaofnc.com
Topic suggestions? Email us at podcast@siaofnc.com
Listen on YouTube, Apple Podcasts, Amazon Music, Spotify, and all major platforms.
#InsuranceAgencyCompensation #AgencyOwnerPay #IndependentAgencies #InsuranceBusiness #FinancialPlanning #InsuranceSuccess #AgencyGrowth #BuildYourLegacy #SIAofNC #InsurancePodcast #Insurance
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.