Commercial Insurance Broker Salaries in New York
How Much Does a Commercial Insurance Broker Make in New York?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Commercial Insurance Broker in New York is $62,692.
While Salary.com is seeing that Commercial Insurance Broker salary in NY can go up to $81,701
or down to $44,368, but most earn between $53,100 and $72,642.
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 |
|---|---|---|
|
Sound Risk Management Corp.
Commercial Insurance Broker
|
$175,662/yr
|
RANGE: $139,508 - $211,816
|
|
Ultimate Staffing
Commercial Insurance Broker
|
$187,715/yr
|
RANGE: $149,081 - $226,350
|
|
Crawford Thomas Recruiting
Insurance Broker
|
$182,506/yr
|
RANGE: $139,853 - $225,158
|
|
On the go HR, Inc.
Insurance Broker
|
$166,568/yr
|
RANGE: $127,640 - $205,496
|
|
Med-Scribe, Inc.
Insurance Broker
|
$155,317/yr
|
RANGE: $119,019 - $191,616
|
|
Matchbox
Commercial real estate broker
|
$147,348/yr
|
RANGE: $115,165 - $179,531
|
|
Amwins Global Risks
Marketing Broker - Property Insurance
|
$181,616/yr
|
RANGE: $153,780 - $209,452
|
|
InsurTech Startup
Wholesale Insurance Broker (P&C)
|
$181,513/yr
|
RANGE: $138,649 - $224,377
|
|
IDEX Consulting
Marine Insurance Broker
|
$169,414/yr
|
RANGE: $130,700 - $208,128
|
|
Harbor.ai
Entry Level Insurance Broker
|
$167,302/yr
|
RANGE: $128,459 - $206,145
|
Top 10 Highest Paying Cities For Commercial Insurance Broker Jobs in New York
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 New York.
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 New York.
New York takes first place in this list, followed by Bronx, Brooklyn.
The Commercial Insurance Broker salary is $68,690 in New York,
which is higher than the national average. There are 17 cities' Commercial Insurance Broker salary higher than national average in New York.
The average salary for a Commercial Insurance Broker in New York is $62,692,
but we found that the city with the highest salary for Commercial Insurance Broker jobs is New York, NY, and it is higher than Bronx.
Commercial Insurance Broker jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| New York | $68,690 | $5,724 | $1,321 | $33 |
| Bronx | $68,690 | $5,724 | $1,321 | $33 |
| Brooklyn | $68,690 | $5,724 | $1,321 | $33 |
| Queens Village | $68,220 | $5,685 | $1,312 | $33 |
| Yonkers | $67,691 | $5,641 | $1,302 | $33 |
| Mount Vernon | $67,632 | $5,636 | $1,301 | $33 |
| Huntington | $67,044 | $5,587 | $1,289 | $32 |
| New Rochelle | $66,867 | $5,572 | $1,286 | $32 |
| Staten Island | $65,985 | $5,499 | $1,269 | $32 |
| Levittown | $64,515 | $5,376 | $1,241 | $31 |
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 New York?
The Commercial Insurance Broker salary range is from $53,100 to $72,642, and the average Commercial Insurance Broker salary is $62,692/year in New York.
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 $73,807
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.
