▼10%
$77,639
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$34k
MEDIAN
$78k
90%
$109k
The average salary for an Insurance Broker is $77,639 in 2025
Base Salary
$34k - $109k
Bonus
$5k - $19k
Total Pay
$40k - $130k
Is Average Mid-Career Insurance Broker with Insurance Skills Salary in Chicago, Illinois 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?
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What is the Pay by Experience Level for Insurance Brokers?
What Do Insurance Brokers Do?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
75%
Dental
58%
Vision
50%
None
25%
Gender Breakdown for Insurance Brokers
Female
54.5%
Male
45.5%
This data is based on 11 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Brokers
What is the highest pay for Insurance Brokers in Chicago?
Our data indicates that the highest pay for an Insurance Broker in Chicago is $109k / year
What is the lowest pay for Insurance Brokers in Chicago?
Our data indicates that the lowest pay for an Insurance Broker in Chicago is $34k / 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.