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This question is about claims adjuster salaries.
Which claims adjusters make the most money?
The claim adjusters that make the most money are independent (CAT) catastrophic insurance claims adjusters. After a natural disaster, working as a CAT can earn you around $100,000 for 6 to 9 months of work.
A catastrophic insurance claims adjuster's salary is high because an independent CAT adjuster earns money based on the number of claims they can close.
A catastrophic insurance claims adjuster is sent into catastrophic events (hurricane, hail storm, wildfire, etc.) to assess the damages for insurance agencies to see how much money the customer is entitled to under their policy.
They are deployed to the affected region and go from house to house, helping the homeowners receive the money they desperately need after a storm hits.
Other types of claims adjusters include staff adjusters who work full time for insurance adjusters firms. They are usually salaried and receive benefits like pensions, life, and health insurance from the firm. They average between $35,000 and $95,000 a year.
There are also claims adjusters who work on behalf of policyholders by helping them file appropriate claims when a settlement from an insurance firm seems unsuitable. Policyholder claims adjusters earn between $27,456 and $75,783 a year.
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