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The differences between adjusters and appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an adjuster and an appraiser. Additionally, an adjuster has an average salary of $49,396, which is higher than the $42,223 average annual salary of an appraiser.
The top three skills for an adjuster include customer service, strong customer service and litigation. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.
| Adjuster | Appraiser | |
| Yearly salary | $49,396 | $42,223 |
| Hourly rate | $23.75 | $20.30 |
| Growth rate | -6% | 7% |
| Number of jobs | 7,936 | 1,186 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Average age | 44 | 49 |
| Years of experience | 4 | 4 |
An adjuster is responsible for evaluating the extent of loss in the company by calculating the damage costs, determining the settlement payment to the client, and managing the reputation of the company for claims accountability. Adjusters must have extensive knowledge of the insurance principles and processes, following the state and federal regulations to protect clients and the business from insurance fraud. They collect documents from different organizations, perform field research, and interview witnesses to verify the accuracy of claims statement.
An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.
Adjusters and appraisers have different pay scales, as shown below.
| Adjuster | Appraiser | |
| Average salary | $49,396 | $42,223 |
| Salary range | Between $35,000 And $68,000 | Between $29,000 And $59,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | San Mateo, CA |
| Highest paying state | New Jersey | California |
| Best paying company | FCCI | City National Bank |
| Best paying industry | Insurance | Insurance |
There are a few differences between an adjuster and an appraiser in terms of educational background:
| Adjuster | Appraiser | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between adjusters' and appraisers' demographics:
| Adjuster | Appraiser | |
| Average age | 44 | 49 |
| Gender ratio | Male, 56.9% Female, 43.1% | Male, 67.8% Female, 32.2% |
| Race ratio | Black or African American, 12.2% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5% | Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 8% |