Average Insurance Broker with Commercial Skills Salary

$82,604
Avg. Base Salary (USD)
10%
$51k
MEDIAN
$83k
90%
$135k

The average salary for an Insurance Broker is $82,604 in 2024

Base Salary
$51k - $135k
Bonus
$991 - $20k
Commission
$600 - $24k
Total Pay
$42k - $138k
Is Average Insurance Broker with Commercial Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
United States (change)
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
EXPLORE BY:

What is the Pay by Experience Level for Insurance Brokers?

What Do Insurance Brokers Do?

Find your market worth – how it works:

FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers?

Our data indicates that the highest pay for an Insurance Broker is $135k / year

What is the lowest pay for Insurance Brokers?

Our data indicates that the lowest pay for an Insurance Broker is $51k / year

How can Insurance Brokers increase their salary?

Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.