Vehicle and Mobile Equipment Mechanics, Installer, and Repairer Salary in the Industry of Insurance Carriers

The salary statistics and trend of vehicle and mobile equipment mechanics, installers, and repairers in the industry of insurance carriers are shown in the following tables and chart. In Table 3 we compare vehicle and mobile equipment mechanics, installer, and repairer salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$26,250
25th Percentile Wage
$38,960
50th Percentile Wage
$54,270
75th Percentile Wage
$73,020
90th Percentile Wage
$93,670

Table 1 shows the average annual salaries for vehicle and mobile equipment mechanics, installers, and repairers in the industry of insurance carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) vehicle and mobile equipment mechanics, installers, and repairers is $93,670. The median annual salary (50th percentile) is $54,270. The average annual salary for the bottom 10 percent vehicle and mobile equipment mechanics, installers, and repairers is $26,250.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of vehicle and mobile equipment mechanics, installers, and repairers in the industry of Insurance Carriers from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2017.

YearMedian Salary Growth5-Year Growth
2017
$54,270
0.35% -47.02%
2016
$54,080
-0.48% -
2015
$54,340
-46.83% -
2012
$79,790
- -

Table 3. Compare Vehicle and Mobile Equipment Mechanics, Installer, and Repairer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of vehicle and mobile equipment mechanics, installers, and repairers in nine industries within the finance and insurance sector are shown in Table 3. Note that there is no salary data for some years between 2012 and 2017. For salary information of vehicle and mobile equipment mechanics, installers, and repairers in a specific industry, use the links in the table.

Industry Median Annual Salary
Other Financial Investment Activities
$76,850
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$67,100
Insurance Carriers
$54,270
Direct Insurance (except Life, Health, and Medical) Carriers
$53,180
Insurance Carriers and Related Activities
$51,540
Nondepository Credit Intermediation
$46,590
Credit Intermediation and Related Activities
$46,130
Securities and Commodity Contracts Intermediation and Brokerage
$35,650
Other Nondepository Credit Intermediation
$21,650

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