Average Insurance Broker Salary

Avg. Base Salary (USD)

The average salary for an Insurance Broker is $78,670 in 2023

Base Salary
$43k - $151k
$1k - $30k
Profit Sharing
$716 - $22k
$793 - $30k
Total Pay
$39k - $159k
Is Average Insurance Broker 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:
Enter city & years of experience
Add pay factors like skills & education
Find your market worth with a report tailored to you

What is the Pay by Experience Level for Insurance Brokers?

What Do Insurance Brokers Do?

Find your market worth – how it works:

How do Insurance Brokers Rate Their Jobs?

4.1 out of 5
Highly Satisfied
Based on 107 responses, the job of Insurance Broker has received a job satisfaction rating of 4.05 out of 5. On average, Insurance Brokers are highly satisfied with their job.

FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers?

Our data indicates that the highest pay for an Insurance Broker is $151k / year

What is the lowest pay for Insurance Brokers?

Our data indicates that the lowest pay for an Insurance Broker is $43k / 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.