Owner Compensation: What to Pay Yourself and Why

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.

Listen On Your Favorite Platforms:

This episode is available on YouTube, Apple Podcasts, Amazon Music, Spotify, and more.

Learn More:

Visit SIA of NC to explore opportunities for independent agencies.

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SIA of NC is a Master Agency of SIAA logo. Learn more about the SIAA Model: SIAA Model | Insurance Agency Network & Alliance | SIAA

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