Average Entry-Level Insurance Broker Salary

$51,670
Avg. Base Salary (USD)
10%
$35k
MEDIAN
$52k
90%
$75k

The average salary for an Insurance Broker is $51,670 in 2025

Base Salary
$35k - $75k
Bonus
$725 - $11k
Commission
$0 - $7k
Total Pay
$32k - $72k
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FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers?

Our data indicates that the highest pay for an Insurance Broker is $75k / year

What is the lowest pay for Insurance Brokers?

Our data indicates that the lowest pay for an Insurance Broker is $35k / 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.