How much does the State Farm insurance guy make? (2024)

How much does the State Farm insurance guy make?

Sources say that Kevin Miles, the new Jake, makes at least $200,000 (and up to $500,000) per year. He's said to have a net worth of around $2 million, which is far more than the average insurance agent is worth. Of course, Kevin is also an actor and does have other gigs on occasion.

How much is the State Farm guy paid?

How much does Jake from State Farm make? The original Jake, the real-life State Farm agent named Jake Stone, made around $10,000 for his role as himself in the commercial. Kevin Miles, the new Jake, earns around $10,000 to $15,000 for his ads. He's also a social media influencer with a net worth of $2 million.

Does Jake from State Farm work at State Farm?

You've seen him rubbing elbows with celebrities and NFL players on TV, and you've also seen him acting like the good neighbor he is — even when haunted mansions are involved. But does Jake from State Farm really work at State Farm Insurance? Well, no.

How much does the mayhem guy make?

How much does Dean Winters make? The actor has an estimated annual salary of $1 million. It is alleged that his earnings for playing Mr Mayhem in Allstate Insurance company commercials are $4 million.

Who is the guy in the State Farm commercial?

The current Jake from State Farm is portrayed by actor Kevin Miles. Miles began appearing in ads for the company in 2020 and has since been a prolific presence across their advertising campaigns.

Who is the highest paid employee at State Farm?

The highest-paying job at State Farm is a Vice President with a salary of $287,910 per year.

How much did State Farm CEO make?

So in recent years, State Farm has dramatically increased cash payouts to execs. In 2019 Tipsord's total compensation was $10 million. That soared to about $20 million in 2020 and then $24.5 million in 2021, a record-setting payday for a State Farm CEO.

Are Patrick Mahomes and Jake from State Farm friends?

Jake has ties to the NFL, already: The character is canonically friends with Kelce and his fellow Chiefs star, quarterback Mahomes, who are both State Farm pitchmen themselves. As it happens, so is Miles. “That's my guy,” Miles says of Mahomes.

Why did Jake leave State Farm?

The original Jake from State Farm, played by Jake Stone, was an actual employee of State Farm who answered a casting call and landed the role. The new Jake from State Farm, Kevin Miles, replaced the original Jake because he got another job and was no longer working for State Farm as an insurance agent.

When did Jake from State Farm quit?

Miles, whose birth name is Kevin Mimm, began starring in the insurance company's commercials in 2020, replacing Jake Stone who played the character in the now-infamous ad from 2011.

How much does Flo from Progressive make?

As of 2023, Flo's annual salary for her role as the Progressive spokesperson is a staggering $2 million. This figure includes her appearance fees, royalties, and other endorsements related to the brand.

How much does Jamie from Progressive make?

How much money does Jamie from Progressive make? Jim Cashman makes around $500,000 per year.

How much does the T Mobile girl make?

She signed with T-Mobile in 2010 and has occasionally appeared in the company's ads in recent years. In 2021, she was the Lady Rider in a T-Mobile campaign. As of 2023, Carly Foulkes receives an annual salary of $1 million and an estimated net worth of $3 million.

Does Patrick Mahomes do State Farm commercials?

A third State Farm commercial with Reid and Mahomes began airing last week, and it's called “Most Valuable Bundler.” Reid feigns anger, asking Mahomes at one point, “Hey, you done?” Then Big Red cracks a smile at the end.

What happened to the State Farm guy?

In the 2011 commercial, Jake was portrayed by Jake Stone, an actual State Farm employee. He told The Pantagraph in February that he now works as a bartender in Normal, Illinois, where he lives with his wife and their two children.

Who is the mixed guy in State Farm?

Kevin Miles(XVIII)

He is also known as Jake, from State Farm. He has appeared in numerous other commercials for companies such as Coors Light, 5 Hour Energy, Henry's Hard Sparkling Water, T-Mobile, Hyundai, McDonald's, Pepsi, Taco Bell, and Bose.

How much do top State Farm insurance agents make?

State Farm Agent Salary in Los Angeles, CA
Annual SalaryHourly Wage
Top Earners$107,212$52
75th Percentile$83,000$40
25th Percentile$47,900$23

Who is the highest paid CEO of State Farm?

Six CEOs received at least $12 million each in compensation in 2022 – led by State Farm CEO Michael Tipsord's $24.4 million and the $20.8 million paid to Travelers CEO Alan D.

How much do most State Farm agents make?

$68K (Median Total Pay)

The estimated total pay range for a Insurance Agent at State Farm is $56K–$84K per year, which includes base salary and additional pay. The average Insurance Agent base salary at State Farm is $47K per year.

What is the State Farm CEO bonus?

Overall, Tipsord received a total of $24.4 million in compensation in 2022, almost equivalent to the $24.5 million he earned in the previous year. This includes a $21.9 million bonus, a slight drop from $22.4 million in 2021. Tipsord has seen his yearly earnings soar over the years.

How much does Wayne Peacock make?

Insurance CEO compensation – personal lines insurers
InsurerCEO2022 compensation
American FamilyJack Salzwedel$6.7 million
USAASteven Wayne Peacock$4.8 million
NationwideKirt Walker$3.5 million
Combined$130.6 million
7 more rows
Nov 20, 2023

How many CEOs has State Farm had?

CEOYears served
Adlai Rust1954–1970 (15)
Edward B. Rust Sr.1970–1985 (14)
Edward B. Rust Jr.1985–2015 (29)
Michael L. Tipsord2015–present
2 more rows

What is Patrick Mahomes net worth right now?

Patrick Mahomes's net worth is estimated around $70 million.

According to Investopedia, Mahomes has a strong portfolio in addition to his high-paying sports gig. If the Kansas City Chiefs win the 2024 Super Bowl, that'll only add to the star quarterback's wallet.

How much does Patrick Mahomes make on endorsements?

Mahomes' Investments and Businesses. Outside of the NFL, Mahomes has a series of sports investments, brands, and businesses that make him millions. Mahomes has made an estimated $20 million from endorsements in 2022. Mahomes has had endorsement deals with Adidas, State Farm, Oakley, Nestlé, and DirectTV, among others.

What does Patrick Mahomes make a day?

How much money does Patrick Mahomes make a minute? Mahomes' hugely restructured contract is now giving him $210.6 million. That means he will be earning approximately $6,000 per day and has touched $100 per minute, thus making him one of the top earners in football. Also Read: Who are Patrick Mahomes' Parents?

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