What Type of Insurance Adjusters Make the Most Money?

When it comes to the salary range of insurance adjusters, it can vary greatly. The amount an adjuster earns depends on a variety of factors, such as the type of adjuster they are and the company they work with. It's important to understand what each type of adjuster can expect to gain in order to make the most money. Public adjusters are responsible for dealing with property claims, whether it be personal property or real estate (land or buildings).

They must possess certain skills such as active listening, teamwork, responsibility, reliability, leadership, motivation, flexibility, patience and empathy in order to be successful. Catastrophic or automatic adjusters are sent to areas that have been affected by a major disaster. They typically earn more than staff adjusters and in some cases, significantly more. The great benefit and disadvantage of being an independent adjuster is that they don't work twelve months a year like staff adjusters do.

During hurricane or fire season, disaster adjusters can make more money in a single month than a staff adjuster would make in a year. Insured persons (individuals or companies) hire public appraisers to secure the widest possible agreement. The amount independent claims adjusters earn depends on the insurance adjuster companies they work with and the value of the claim. The adjuster will receive between 60 and 70% of the fee, and the remaining 30 to 40% will go to the adjustment company for which they work.

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