Commercial Insurance Broker Salaries in the United States
How Much Does a Commercial Insurance Broker Make?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Insurance Broker in the United States is $58,820.
While Salary.com is seeing that Commercial Insurance Broker salary in the US can go up to $76,659
or down to $41,618, but most earn between $49,816 and $68,158.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Commercial Insurance Broker
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Similar Job Salaries to Commercial Insurance Broker by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
The People Placers
Commercial Insurance Broker
|
$114,818/yr
|
RANGE: $98,999 - $130,636
|
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bizjobz LLC
Senior Commercial Insurance Broker
|
$125,013/yr
|
RANGE: $107,791 - $142,236
|
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The Demarco Group
Commercial Insurance Broker
|
$141,046/yr
|
RANGE: $125,328 - $156,765
|
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EPIC
Commercial Insurance Associate Broker
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$111,113/yr
|
RANGE: $97,518 - $124,708
|
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INSHUR
Executive Insurance Broker - Commercial Auto
|
$161,138/yr
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RANGE: $137,169 - $185,108
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Platinum Resources Inc
Licensed Personal or Commercial Lines Insurance Broker
|
$126,224/yr
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RANGE: $108,835 - $143,614
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Chung-Griffin Agency
Insurance Broker
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$130,897/yr
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RANGE: $112,192 - $149,601
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Palmetto Senior Benefits
Insurance Broker
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$106,732/yr
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RANGE: $92,028 - $121,437
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Alchemy Financial Group
Insurance Broker
|
$62,196/yr
|
RANGE: $54,804 - $69,588
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What Does a Commercial Insurance Broker Do?
Heffernan Insurance Brokers is the go-to source for insurance for small businesses, from sole proprietors working from home to fast-growing companies with ever-changing needs.
Updated December 21, 2021
Some risks can cause devastating effects on business operations, which is why getting a commercial insurance policy that protects the firm and its assets is crucial.
Updated December 17, 2021
In doing so, the insurance broker is able to recommend the best insurance policy that addresses the identified risks.
Updated December 14, 2021
So, while a commercial insurance broker represents insurance buyers, an agent represents insurance sellers.
Updated December 12, 2021
The relationship between a commercial insurance broker and their client must be one of mutual respect and constant communication.
Updated December 10, 2021
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Explore JobArchitectFrequently Asked Questions About a Commercial Insurance Broker Salaries
What is the average of a Commercial Insurance Broker in the United States?
The Commercial Insurance Broker salary range is from $49,816 to $68,158, and the average Commercial Insurance Broker salary is $58,820/year in the United States.
The Commercial Insurance Broker's salary will change in different locations.
Which location pays the highest Commercial Insurance Broker salary in the United States?
The Commercial Insurance Broker salary in San Jose, CA is $74,190
which is the highest in the US.
What kinds of reasons will influence the Commercial Insurance Broker's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Commercial Insurance Broker.
What is the growth rate of the Commercial Insurance Broker's salary?
If you are thinking of becoming a Commercial Insurance Broker or planning the next step in your career, find the detailed salary report of a Commercial Insurance Broker.
Recent Salary Report
Below are the most recent Commercial Insurance Broker salary reports. Employer name has been removed to protect anonymity.
$56,944
Yearly
A Commercial Insurance Broker in Muskegon, MI reported making $56,944 per year
Muskegon, MI
100 - 200 employees
Full-Time
Company - Private
$29
Hourly
A Commercial Insurance Broker in Norwalk, CT reported making $29 per hour
Norwalk, CT
3,000 - 7,6 employees
Part-Time
Company - Public
$57,319
Yearly
A Commercial Insurance Broker in Lubbock, TX reported making $57,319 per year
Lubbock, TX
200 - 6 employees
Full-Time
Company - Private
$22
Hourly
A Commercial Insurance Broker in Minnetonka, MN reported making $22 per hour
Minnetonka, MN
7,6 - 15,000 employees
Part-Time
Company - Public
$63,501
Yearly
A Commercial Insurance Broker in Elizabeth, NJ reported making $63,501 per year
Elizabeth, NJ
6 - 1,000 employees
Full-Time
Company - Private
$5,041
Monthly
A Commercial Insurance Broker in Bentonville, AR reported making $5,041 per month
Bentonville, AR
1,000 - 3,000 employees
Full-Time
Company - Public
