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The differences between insurance appraisers 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 insurance appraiser and an appraiser. Additionally, an insurance appraiser has an average salary of $53,229, which is higher than the $42,223 average annual salary of an appraiser.
The top three skills for an insurance appraiser include windows, CCC and insurance appraisals. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.
| Insurance Appraiser | Appraiser | |
| Yearly salary | $53,229 | $42,223 |
| Hourly rate | $25.59 | $20.30 |
| Growth rate | -6% | 7% |
| Number of jobs | 34,724 | 1,186 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 62% |
| Average age | 44 | 49 |
| Years of experience | 4 | 4 |
An appraiser is responsible for assessing a client's personal property, such as homes, cars, or jewelry. They provide an impartial and unbiased judgment about the property's value, assisting clients who wish to buy, sell, manage, and invest money. Usually, they work with an adjuster and conduct repairs or replacements of products.
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.
Insurance appraisers and appraisers have different pay scales, as shown below.
| Insurance Appraiser | Appraiser | |
| Average salary | $53,229 | $42,223 |
| Salary range | Between $37,000 And $74,000 | Between $29,000 And $59,000 |
| Highest paying City | - | San Mateo, CA |
| Highest paying state | - | California |
| Best paying company | - | City National Bank |
| Best paying industry | - | Insurance |
There are a few differences between an insurance appraiser and an appraiser in terms of educational background:
| Insurance Appraiser | Appraiser | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between insurance appraisers' and appraisers' demographics:
| Insurance Appraiser | Appraiser | |
| Average age | 44 | 49 |
| Gender ratio | Male, 79.0% Female, 21.0% | Male, 67.8% Female, 32.2% |
| Race ratio | Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 15.9% Asian, 5.6% White, 62.2% 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% |