answersLogoWhite

0


Best Answer

The average salary for a property claim adjuster is between $30,000 and $45,000 per year. Their actual salary is based on experience and the company they work for.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Average salary for property claim adjuster?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who sells insurance claims software for a claims adjuster?

Claims Portal sells insurance claims software for a claims adjuster. You can get Property and casualty insurance claim adjuster resources at www.claims-portal.com/


Can you request a new adjuster on a claim if another adjuster denied the claim?

No, but you can ask for reconsideration of a denied claim. When reconsideration has been requested, it is standard practice that a different adjuster will be assigned for the reconsideration.


Why do you need a homeowners insurance adjuster to file a claim?

You don't. The homeowner files the claim. The adjuster then reviews the claim to determine if it is in fact a covered loss under the terms of your policy.


How long doe it take for an accident claim to be setled?

The average time it takes to settle an accident claim is 2-4 weeks, depending on how quickly the adjuster can look at your vehicle.


Can you cancel a water damage claim and not have it on file?

It will be on file with the Ins Co as a cancelled claim. If the adjuster did not put the claim in the PILR database only the Ins Co will know about it. If they did it will pop up as a reported claim for all to see. PILR = Property Insurance Loss Register


How to check the status for AAA Insurance Claim with claim number?

Call AAA and ask to speak with the adjuster whom your claim is assigned to. It usually is a long process and hard to get in touch with the adjuster. Be persistent and keep on calling.


What does a claim ajuster do?

A claim adjuster inspects the details of a claim, to see if it is legitimate and arrive at an agreed price, for compensation.


How long does an insurance adjuster have to submit a claim for a vehicle accident?

First, it's not the adjuster that submits a claim. You would submit the claim to the insurance company or to your agent and then it is sent to the insurance company claims department. The adjuster is the person in the claims department that handles the claim. He or she will get statements from both drivers, and look at the accident report from the police department and make a determination as to fault. The adjuster then handles repairs and payment for losses. The quicker everything is gotten turned in to the adjuster the faster they can finish and keep everyone happy.


Steps to processing an insurance claim?

Claim is reported to carrier. Claim is assigned to an adjuster. Adjuster reviews claim contacts all parties (generally) takes recorded statements from all parties (including witnesses), requests police report if there is one. Adjuster determines liability. Adjuster determines damages (either writes estimate themselves, requests estimates, hires an independent appraiser etc). Adjuster issues payment for damages, (including paying rental if so required) If injury claim; Adjuster (after completing all above), requests a medical authorization to gather medical reports/bills etc. When injured party has been released from physician, and 'healed' adjuster offers and negotiates settlement.


How does property damage insurance work?

Property damage insurance covers damage to property, usually with exclusions. The insured pays monthly premiums and files a claim for any damage that the property receives. The insurer then sends out a claims adjuster to inspect and come up with a monetary amount for the damage.


Do you have to hire your insurance company's recommended adjuster?

Insurance companies investigating or handling a claim appoint an adjuster. I know of no instance where an insured or claimant would hire an insurance companies adjuster. If you disagree with the company adjusters valuation or handling of your claim, You are welcome to go out and hire your own public adjuster to get a second opinion.


Is adjusting an insurance claim engaging in litigation?

No. Adjusting an insurance claim is an activity that does not require any legal filings or court appearances. If an insured wished to contest the adjustment made by an insurance company, that contestation could rise to the level of litigation, but not the adjustment itself.