Insurance Broker Salary in the US

$67,750
per year
per month
$5,650
per month
per year
Bonus
$8,700/year
Commission
$16,500/year
Bonus
$730/month
Commission
$1,380/month

Insurance Broker - Average Salary

The average salary for or Insurance Broker is $67,750 per year ($5,650 per month), which is $14,260 (+27%) higher than the average salary in the United States.
Or Insurance Broker can expect an average starting salary of $42,550. The highest salaries can exceed $127,500.
$42,550
Low
$67,750
Average salary
$127,500
High
$3,550
Low
$5,650
Average salary
$10,630
High
Total pay includes salary, bonus and commission.
$1,000
$95,800
$192,500
Salary$42,550 - 127,500
Bonus$1,000 - 25,000
Commission$1,000 - 40,000
Total Pay$44,550 - 192,500
$80
$7,990
$16,050
Salary$3,550 - 10,630
Bonus$80 - 2,080
Commission$80 - 3,340
Total Pay$3,710 - 16,050

Insurance Broker Salary Range

Low
$42,550
Average salary
$67,750
Senior
$76,570
High
$127,500
Low
$3,550
Average salary
$5,650
Senior
$6,380
High
$10,630
Among Insurance Brokers in the U.S., Entry Level Insurance Brokers and Trainee Insurance Brokers have the lowest salaries, while Life Insurance Brokers, Commercial Insurance Brokers or Corporate Insurance Brokers enjoy the highest salaries.

Insurance Broker - Salary Differences

JobSalaryDifference
Corporate Insurance Broker$79K/year
+16% 
Commercial Insurance Broker$77K/year
+13% 
Life Insurance Broker$75K/year
+10% 
Car Insurance Broker$74K/year
+9% 
Health Insurance Broker$73K/year
+7% 
Entry Level Insurance Broker$49K/year
 -28%

Insurance Broker - Pay by Experience Level in the United States

An Entry Level Insurance Broker with less than three years of experience can expect to earn an average starting salary of $49,550 per year. A mid level Insurance Broker with 4-9 years of experience earns an average salary of $56,750, while a Senior Insurance Broker with 10-20 years of experience makes on average $77,270. Insurance Brokers with more than 20 years of experience earn $86,450 per year on average.

How Work Experience Affects the Salary of or Insurance Broker

Late Career▲ +28%
Senior▲ +14%
Average Salary$67,750/year
Mid Level▼ -16%
Entry Level▼ -27%

Insurance Broker - Jobs by Location

Insurance Broker - Related Salaries

The salary information presented on this page is based on all Insurance Broker jobs published on Jobted in the last 12 months and on data from the Bureau of Labor Statistics (BLS.gov).
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