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Insurance broker salary in United States

How much does an Insurance Broker make in the United States?

Average base salary

$78,409
Average $78,409
Low $43,026
High $142,889
Non-cash benefit
Health insurance

The average salary for a insurance broker is $78,409 per year in the United States. 333 salaries reported, updated at September 12, 2022

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Top companies for Insurance Brokers in United States

  1. Symmetry Financial Group
    3.8star
    306 reviews12 salaries reported
    $150,000per year
  2. $109,416per year
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Highest paying cities for Insurance Brokers near United States

  1. Philadelphia, PA
    $96,560 per year
    7 salaries reported
  2. Tampa, FL
    $93,109 per year
    5 salaries reported
  3. Houston, TX
    $89,993 per year
    6 salaries reported
  1. San Diego, CA
    $84,276 per year
    9 salaries reported
  2. New York, NY
    $83,960 per year
    5 salaries reported
  3. Chicago, IL
    $83,330 per year
    10 salaries reported
  1. Phoenix, AZ
    $76,582 per year
    9 salaries reported
  2. Charlotte, NC
    $67,647 per year
    6 salaries reported
  3. Allentown, PA
    $66,897 per year
    5 salaries reported
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Where can an Insurance Broker earn more?

Compare salaries for Insurance Brokers in different locations
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Most common benefits for Insurance Brokers

  • Health insurance
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Salary satisfaction

Based on 522 ratings

53% of Insurance Brokers in the United States think their salaries are enough for the cost of living in their area.

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How much do similar professions get paid in United States?

Underwriter

5,676 job openings

Average $81,370 per year

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Common questions about salaries for an Insurance Broker

How do insurance brokers make money?

Insurance brokers are paid a commission and fees by the insurance companies whose policies they sell to individuals or businesses. The level of commission is usually regulated by the state, and it can vary greatly depending on your location. Policies that last for more than a year will often earn a broker a smaller residual payment for the rest of the duration of the policy.

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