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This question is about claim processor.
How much does a State Farm claims adjuster make?
A State Farm claims adjuster makes $57,978 a year, on average. The base salary for claims adjusters in companies like State Farm Insurance ranges from $51,515 to $65,155 a year. The total cash compensation, which includes bonuses, can vary anywhere from $53,087 to $68,227 a year.
State Farm claims adjuster or claims handler investigates insurance claims by interviewing the claimant and witnesses, consulting police and hospital records, and inspecting property damage to determine the extent of the company's liability. State farm claims adjusters can work In the United Kingdom, Ireland, Australia, South Africa, the Caribbean, and New Zealand.
For comparison, related salaries for claims adjusters at other competing insurance agencies are:
Progressive Insurance averages $51,154 a year (range: $25K - $99K)
Allstate averages $53,461 a year (range: $23K - $106K)
GEICO averages $51,576 a year (range: $30K - $91K)
Comparison of similar positions at State Farm:
Actuary averages $91,926 per year
Adjuster averages $52,683 per year
Assistant Underwriter averages $35,072 per year
Auto Appraiser averages $43,844 per year
Auto Estimator averages $67,986 per year
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