Insurance Claims Adjuster Salary

Insurance Claims Adjusters in the United States can expect wages of $50K annually on average. Total cash earnings of Insurance Claims Adjusters range from $34K on the low end to $74K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $7K and $8K, respectively. This group's pay is mainly influenced by the particular firm, followed by years of experience and geographic location. Women make up a slight majority of Insurance Claims Adjusters (51 percent) survey respondents. Job satisfaction is high and work is enjoyable for most Insurance Claims Adjusters. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a fair number.

$36,837 - $72,473
$37K
$50K
$72K
MEDIAN: $50,412
10%
50%
90%

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$13.80 - $26.65
$14
$18
$27
MEDIAN: $18.08
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25K$50K$75K
Salary
$36,837 - $72,473  
   
Bonus
$0.00 - $7,185  
Profit Sharing
$197.27 - $7,813  
Commission
$8,193  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,342 - $74,021  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 976
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$13.80 - $26.65  
   
Overtime
$23.17 - $50.35  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $7,185  
   
Commission
$8,193  
Profit Sharing
$197.27 - $7,813  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$34,342 - $74,021  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 210

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United States (change)

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Job Description for Insurance Claims Adjuster

Insurance claims adjusters are responsible for investigating accidents to determine liability. They do this by having phone conversations with customers, obtaining police reports, and negotiating damage settlements. They document claim activity and provide fair settlement and claim resolutions to customers. The insurance claim adjuster must work to help customers feel satisfied while making cost-effective decisions that benefit their business.

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Insurance Claims Adjuster Tasks

  • Investigate and analyze insurance claims to determine extent of insurance company's liability.
  • Negotiate settlement of claims, calculate and authorize payment of claim settlements in accordance with policy and coverage.
  • Compile information derived from correspondence with claimant, witnesses and medical specialists.

Common Career Paths for Insurance Claims Adjuster


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Insurance Claims Adjusters who go on to become Attorneys may see their salaries climb quite a bit. Median pay for Attorneys is $81K annually. Insurance Claims Adjusters most frequently become Claims Examiners and Investigators and Claims Adjusters even though median compensation is $4K lower and $2K lower, respectively.

Insurance Claims Adjuster Job Listings

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Popular Employer Salaries for Insurance Claims Adjuster


Dominating the field, Allstate, State Farm Insurance Company, Progressive Casualty Insurance Company, Farmers Insurance Group, and Geico are top firms with a reputation for hiring a great number of Insurance Claims Adjusters. Those at Nationwide Mutual Insurance Company can expect to make the most, with the company offering a median salary of $61K. The Travelers Companies, Inc., American Family Insurance Group, and Progressive Casualty Insurance Company also offer top salaries for Insurance Claims Adjusters. Workers at these firms can expect to earn about $57K, $54K, and $54K, respectively.

Esurance, Inc., Usaa Insurance, and Geico also scrape the bottom of the pay scale, with median earnings hovering around $41K, $41K, and $46K.

Popular Skills for Insurance Claims Adjuster


Insurance Claims Adjusters seem to require a number of specific skills. Most notably, facility with Litigation Case Management, Construction Estimating, and Negotiation are correlated to pay that is significantly above average, leading to increases of 32 percent, 15 percent, and 6 percent, respectively. Those familiar with Claim Handling also tend to know Negotiation.

Pay by Experience Level for Insurance Claims Adjuster

Pay by Experience for an Insurance Claims Adjuster has a positive trend. An entry-level Insurance Claims Adjuster with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 656 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claims Adjuster with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 293 salaries. An experienced Insurance Claims Adjuster which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 278 salaries. An Insurance Claims Adjuster with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $67,000 based on 136 salaries.

Pay Difference by Location

▲20%

▲16%

▲11%

▲9%

▼-1%

▼-10%

▼-14%

▼-17%

▼-21%

National Average: $49,578

Larger city markers indicate a job is popular in that location.

New York offers some of the highest pay in the country for Insurance Claims Adjusters, 20 percent above the national average. Insurance Claims Adjusters can also look forward to large paychecks in cities like Minneapolis (+18 percent), Denver (+16 percent), Dallas (+11 percent), and Chicago (+9 percent). Insurance Claims Adjusters in Tampa earn salaries far below the national average by 21 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Workers in Orlando and Des Moines earn salaries that trail the national average for those in this profession (17 percent less and 14 percent less, respectively).

Insurance Claims Adjuster Reviews

Q: What is it like working as an Insurance Claims Adjuster?

Insurance Claims Adjuster in Hot Springs:
"Puzzles and People."
Pros: It's always different- no two claims are alike! It's very challenging to piece the claim together but rewarding all the same.
Cons: It can be a lot of drive time depending on your territory. It's also easy to get behind and then get overloaded and be up to midnight working during storm season.

Related Job Salaries

Key Stats for Insurance Claims Adjuster

Gender

Female
51 %
Male
49 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 187 votes.
Less than 1 year
9%
1-4 years
41%
5-9 years
19%
10-19 years
20%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claims Adjuster Salaries

▲36%

▲18%

▲7%

National Average
$50,000

▼12%

Skills That Affect Insurance Claims Adjuster Salaries

Litigation Case Management
▲32%


▲6%


▲1%

National Average
$50,000

Customer Service
▼1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 187 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
9%
1-4 years
41%
5-9 years
19%
10-19 years
20%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 78%
vision benefits
Vision: 70%
no benefits
None: 11%
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