Appraiser vs insurance adjuster

The differences between appraisers and insurance adjusters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an appraiser and an insurance adjuster. Additionally, an insurance adjuster has an average salary of $57,315, which is higher than the $42,223 average annual salary of an appraiser.

The top three skills for an appraiser include commercial property, appraisal reports and customer service. The most important skills for an insurance adjuster are insurance policies, customer service, and liability claims.

Appraiser vs insurance adjuster overview

	Appraiser	Insurance Adjuster
Yearly salary	$42,223	$57,315
Hourly rate	$20.30	$27.56
Growth rate	7%	-6%
Number of jobs	1,186	44,837
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 58%
Average age	49	44
Years of experience	4	4

Appraiser vs insurance adjuster salary

Appraisers and insurance adjusters have different pay scales, as shown below.

	Appraiser	Insurance Adjuster
Average salary	$42,223	$57,315
Salary range	Between $29,000 And $59,000	Between $40,000 And $80,000
Highest paying City	San Mateo, CA	Hagerstown, MD
Highest paying state	California	New Jersey
Best paying company	City National Bank	Cunningham Lindsey
Best paying industry	Insurance	Insurance

Differences between appraiser and insurance adjuster education

There are a few differences between an appraiser and an insurance adjuster in terms of educational background:

	Appraiser	Insurance Adjuster
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Appraiser vs insurance adjuster demographics

Here are the differences between appraisers' and insurance adjusters' demographics:

	Appraiser	Insurance Adjuster
Average age	49	44
Gender ratio	Male, 67.8% Female, 32.2%	Male, 66.6% Female, 33.4%
Race ratio	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%	Black or African American, 13.0% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	10%

Differences between appraiser and insurance adjuster duties and responsibilities

Appraiser example responsibilities.

Cross-Train in numerous banking/lending fields relate to real property appraisal such as underwriting, loan processing, and loan origination.
Experience in appraising single family residences, condominiums, raw land, develop lots, construction appraisals, and final inspections.
Complete commercial appraisal assignments in Illinois under a supervising MAI.
Prepare analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
Provide oversight of the appraisers, to insure they are FHA approve.
Handle total losses by obtaining CCC reports, obtaining DMV documents and contacting lien holders.

Insurance adjuster example responsibilities.

Achieve targeted performance goals in every aspect to manage costs and support Allstate's industry-leading operational standards.
Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
Train in Xactimate estimation and sketch programs.
Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
Skil in complex arbitration and mediation negotiations.
Recommend files for arbitration or litigation base on evidence available and inability to compromise with adverse party.

Appraiser vs insurance adjuster skills

Common appraiser skills

Commercial Property, 13%
Appraisal Reports, 12%
Customer Service, 7%
MAI, 6%
Discounted Cash Flow, 5%
Market Research, 4%

Common insurance adjuster skills

Insurance Policies, 15%
Customer Service, 15%
Liability Claims, 9%
Auto Claims, 7%
Catastrophe Claims, 5%
Public Adjusters, 4%