How Much Does a Commercial Insurance Broker Make in Kentucky?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Insurance Broker in Kentucky is $55,350. While Salary.com is seeing that Commercial Insurance Broker salary in KY can go up to $72,136 or down to $39,162, but most earn between $46,877 and $64,136. 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
Insurance Broker
$80,987
Kentucky
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Insurance Senior Broker
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Insurance Managing Broker
$180,483
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Insurance Broker Executive
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Similar Job Salaries to Commercial Insurance Broker by Company

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Company average base salary in (usd) range
Risk Placement Services, Inc.
Senior Fleet Insurance Broker (Wholesale Insurance Transportation)
$47,203/yr
$40,599
$53,806
RANGE: $40,599 - $53,806
The Misch Group
Commercial Insurance Broker
$106,488/yr
$93,391
$119,585
RANGE: $93,391 - $119,585
EPIC Insurance Brokers & Consultants
Commercial Insurance Associate Broker
$111,113/yr
$97,518
$124,708
RANGE: $97,518 - $124,708
EPIC
Commercial Insurance Associate Broker
$111,113/yr
$97,518
$124,708
RANGE: $97,518 - $124,708
The Demarco Group
Commercial Insurance Broker
$101,307/yr
$89,342
$113,272
RANGE: $89,342 - $113,272
The Baldini Agency
No Experience Necessary Remote Insurance Broker UNCAPPED COMMISSION
$105,995/yr
$90,892
$121,099
RANGE: $90,892 - $121,099
MVT Logistics
Broker
$61,848/yr
$55,181
$68,515
RANGE: $55,181 - $68,515
$61,848/yr
$55,181
$68,515
RANGE: $55,181 - $68,515
EXL Service
IC - Commercial Insurance Inspector
$81,292/yr
$72,170
$90,413
RANGE: $72,170 - $90,413

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Top 10 Highest Paying Cities For Commercial Insurance Broker Jobs in Kentucky

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Insurance Broker can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Insurance Broker job salaries in Kentucky. Some cities can pay higher salaries for Commercial Insurance Broker jobs, which can indicate that there is a large demand for Commercial Insurance Broker positions in this city.
The following table shows top 10 cities where the Commercial Insurance Broker salary is higher than other cities in Kentucky. Covington takes first place in this list, followed by Louisville, Owensboro. The Commercial Insurance Broker salary is $57,156 in Covington, which is lower than the national average. There is 0 city's Commercial Insurance Broker salary higher than national average in Kentucky.
The average salary for a Commercial Insurance Broker in Kentucky is $55,350, but we found that the city with the highest salary for Commercial Insurance Broker jobs is Covington, KY, and it is higher than Louisville. Commercial Insurance Broker jobs in Covington can have the opportunity to earn higher salaries than in other cities in Kentucky.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Covington $57,156 $4,763 $1,099 $27
Louisville $56,250 $4,687 $1,082 $27
Owensboro $55,361 $4,613 $1,065 $27
Lexington $54,450 $4,537 $1,047 $26
Richmond $53,962 $4,497 $1,038 $26
Frankfort $53,773 $4,481 $1,034 $26
Bowling Green $53,532 $4,461 $1,029 $26
Hopkinsville $52,938 $4,412 $1,018 $25

What Does a Commercial Insurance Broker Do?

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
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
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

Frequently Asked Questions About a Commercial Insurance Broker Salaries

What is the average of a Commercial Insurance Broker in Kentucky?

The Commercial Insurance Broker salary range is from $46,877 to $64,136, and the average Commercial Insurance Broker salary is $55,350/year in Kentucky. 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.