What Does A Claims Adjuster Do? 🏚🌪🔥 - YouTube

How much can you make as a claims adjuster?  I've received this question for my recent  

video that i posted about planes adjusting  one-on-one and the types of adjusters etc  

and that video if you haven't seen it can be  found in the description by product of that  

video people have asked well how much can do  adjusters normally make and that question is a  

very can be very opaque in many cases because it  all depends on again the type of adjuster you are  

it depends on if you are adjusting large claims  versus smaller or moderate claims it also depends  

on your level of experience as a claims adjuster  and whether or not you're adjusting catastrophic  

losses or you're going out for catastrophe  think for an example hurricane Katrina where  

many adjusters had to deploy out to New Orleans to  essentially adjust those losses once it was safe  

for them to do so when you are a catastrophe or  you're you're working a catastrophe as an adjuster  

typically the wages and the salaries that you  make also the per diems that you get can be very  

fruitful and you know it's not  uncommon for adjusters to make  

any in the ballpark of six figures based off the  amount of hours that they work in a catastrophe  

and when i say six figures on an annual  basis not like all that like one time or  

at one moment it's on an annual basis it's not  uncommon for an adjuster to make six figures if  

they're constantly doing that or they've worked  the appropriate hours during the catastrophe  

adjusters that i know that do very well they  work on commercial they work large property  

claims they can make anywhere in the ballpark  of six figures on an annual basis as well  

and again it's about the amount of time you have  the amount of experience you have in the industry  

and also your credentials if you do have of course  you have to have your claims adjuster license but  

there are also accreditations and certificates  you can get as a claims adjuster you there's an  

associate in claims offered by the institute it's  the aic i'll post that in the description here  

you can take a look at that and there's also many  other um adjust certificates that you can get to  

further prove your skills as a claims adjuster  but it is a great in my experience it is a great  

industry i'm a licensed claims adjuster although  i don't address claims at this juncture but i have  

and i have been a part of the claims environment  i actually recommend anyone in insurance even if  

you're an underwriter or an agent at some point in  your career you either um take some time and work  

in claims or you just shadow someone in claims  it's just because it's the root of the insurance  

industry it's why people buy insurance because  they want to make sure if something happens  

they have a claim so people are paying insurance  premiums for claims so the claims adjuster has a  

really important part and just know that i think  that says a lot knowing that the claims adjuster  

does have an important part very important part  of the insurance industry that goes to show you  

the demand number one for claims adjusters and  with that demand comes you know very reasonable  

and fruitful salaries if you're willing to put  in the work and improve your continuous education  

the claims adjusters do make out very well and  then if you're a independent adjuster which we  

talked about that in the other video if you're  an independent adjuster and you work either for  

the independent adjusting firm or you have your  own independent or ia firm that's independent  

adjusting you can typically make um even more and  that's why you see independent adjusting firms  

grow very large or to the extent that they want to  grow they actually have to hire other independent  

adjusters to help them and to work with them  based off the contracts that they have with the  

insurance companies but typically even if you you  go that route the more entrepreneurial route you  

have your own business then it could really become  more fruitful so it just depends on what your  

goals are if you want to work for an insurance  company you can do very well and then if you also  

want to do your own independent addressing firm  or work for an independent adjusting firm you can  

also do very well and then lastly we talked about  a public adjuster and again public adjusters or  

pas they work for the ins the policy holder they  don't work for an insurance company they are hired  

by the policyholder to help them advocate on the  policyholders behalf with the insurance company  

and public adjusters can make even more depending  on the amount of time that they're willing to put  

in and how many policyholders that they're  working with and even they have their own  

public adjusting firm they could also do very  well because they receive a percentage of the  

insurance claims payout and every state has a a  set amount a maximum amount that public adjusters  

can get per claim but just take a look at your  state and how much that state offers for that and  

you might find that that might be something you  are interested in taking a look at, good luck!