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Rater Insurance Salary in Essex, VT

How much does a Rater Insurance make in Essex, VT?

$54,516 (USD)/year

Average Bonus

$861 (USD)

per Year
Total Compensation

$54,761.35

As of July, 23, 2026, the average rater insurance gross salary in Essex, Vermont is $54,516 or an equivalent hourly rate of $26. In addition, rater insurances earn an average bonus of $861. An entry level rater insurance with 1-3 years of experience earns an average salary of $40,597. At the higher end of the pay range, a senior level rater insurance with 8+ years of experience earns an average salary of $60,928. Salary estimates are based on salary survey data collected directly from employers in Essex, Vermont.
Data powered by ERI

Salary Potential for a Rater Insurance

Explore the estimated salary growth for a Rater Insurance in Essex, VT for up to 5 years. The estimated salary of a Rater Insurance will be $55,928 in 1 year and $61,952 in 5 years.
View Salary by Year
Estimated Salary
$57,377
Average Growth
5.2 %
The estimated salary for a Rater Insurance in 2 years is $57,377, which is 5.2 % average growth. This information is based on ERI's compensation database.

Typical Rater Insurance Education

This chart displays the highest level of education for Rater Insurances.

  • 0% of Rater Insurances have less than a High School Diploma
  • 80% of Rater Insurances have a High School Diploma
  • 20% of Rater Insurances have an Associate's Degree
  • 0% of Rater Insurances have a Bachelor's Degree
  • 0% of Rater Insurances have a Master's Degree
  • 0% of Rater Insurances have a Doctorate Degree

The typical field of study for a Rater Insurance is Finance.

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Popular Skills for a Rater Insurance

Skills data not available for this job

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Cost of Living in Essex, VT

The cost of living in Essex, VT is 16% higher than the national average.
Cost of living trend higher
16% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a Rater Insurance do?
Concludes amount of premium to be charged for various types of insurance. Figures in use and age of automobile, location and value of property, or age of applicant to determine premium rate based on information relating to type and amount of policy based on standard risk factors. Computes total annual premium upon determining additional premium rates of basic policy and endorsements.
How much does a Rater Insurance make in Essex, VT?
The average salary for a Rater Insurance is $54,516 per year or $26.21 per hour in Essex, VT. Top earners have reported making up to $60,928. However, the typical pay range in Essex, VT is between $40,597 and $60,928 annually.
What is the salary trajectory for a Rater Insurance?
Rater Insurance is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Rater Insurance salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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