How much do independent insurance brokers make?

The Bureau of Labor Statistics does not track brokers as a separate occupation; they are counted within insurance sales agents, whose median annual wage was $62,280 in May 2025. Crowd-sourced estimates of average broker pay vary widely by source and market, generally running above the median for the occupation as a whole. Brokers typically earn commissions of 2% to 8% of the annual premium, plus fees for advisory or policy services where state rules allow.