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Insurance Broker Salary Guide

February 9, 2022   |   by Staff Writer
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How Much Salary Do Insurance Brokers Earn?

 

If you are interested in becoming a health insurance broker our salary guide helps you get a good understanding of what you can expect to earn as an agent. Now is a great time to become an insurance broker as the demand for health care is greater than ever.

For health insurance agents the amount of salary or commission  earned is typically based on the size of groups and types of policies sold. The more employees ( for group insurance ) or  family members  for (individual insurance) along with the coverage types ( medical, dental, vision, etc.) determines the amount of commission the agent is paid.  Once a policy is sold the broker also gets residual commission each year that plan is renewed or modified. Check  out our salary estimator for a sampling of how much brokers can earn and how residual commissions can create a lucrative long term career.

Here is a quick overview of current insurance agent salaries:

  • National Average Salary : $62,500
  • California Average Salary: $59,608
  • Nevada Average Salary: $49,500
  • Word & Brown brokers who sell *12 cases per month: $99,996

*Estimated salary based on a 15 employee group with a medical, dental, vision, chiropractic plan bundle.

Download our Insurance Broker Salary Guide for a more in-depth look!

Health Insurance Broker

Salary Guide

For a sneak peek at what you can expect to earn as an insurance agent, get a copy of our “Insurance Broker Salary Guide.”

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HOW MUCH COULD YOU EARN AS A BROKER?

Find out how much using the Health Insurance Broker Salary Guide.

Simply fill out the form and submit for your copy. And, we can help answer your questions, and also help you get started earning and growing your career as a broker.

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