Insurance Claims Adjuster Salary

The average Insurance Claims Adjuster in the United States earns approximately $48K per year. Total cash compensation to Insurance Claims Adjusters bottoms out near $35K and approaches $70K on the high end; the biggest paychecks include approximately $6K from bonuses and almost $7K from profit sharing. The most influential factor affecting pay for this group is career length, though the company and location have a (lesser) impact as well. Men working as Insurance Claims Adjusters who took the survey just slightly outnumber women at 56 percent. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is high and work is enjoyable for most Insurance Claims Adjusters.

$35,284 - $67,581
(Median)
$35K
$48K
$68K
MEDIAN: $48,182
10%
50%
90%

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$12.83 - $28.11
(Median)
$13
$18
$28
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$35,284 - $67,581  
   
Bonus
$0.00 - $5,753  
Profit Sharing
$507 - $6,732  
Commission
$0.00 - $11,000  
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).
)
$34,559 - $69,654  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,708
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$12.83 - $28.11  
   
Overtime
$19.51 - $43.29  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $5,753  
   
Commission
$0.00 - $11,000  
Profit Sharing
$507 - $6,732  
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).
)
$34,559 - $69,654  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 249
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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

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

Common Career Paths for Insurance Claims Adjuster


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Though it's uncommon, some Insurance Claims Adjusters move into roles as Attorneys, where pay is an average $81K per year. Insurance Claims Adjusters most frequently advance into Claims Examiner or Investigator and Claims Adjuster roles even though the median salaries are $4K lower and $2K lower, respectively.

Insurance Claims Adjuster Job Listings

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Popular Employer Salaries for Insurance Claims Adjuster


Allstate Insurance Company, Progressive Casualty Insurance Company, The Travelers Companies, Inc., Farmers Insurance Group, and State Farm Insurance Company are leaders in the field that employ a large number of Insurance Claims Adjusters. For Insurance Claims Adjusters, comfortable salaries can be found at The Hartford Financial Services Group, Inc.; in fact, average earnings are around $63K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($41K versus $89K) is great. Insurance Claims Adjusters will also find cushy salaries at Liberty Mutual Insurance Group (+$56K), The Travelers Companies, Inc. (+$54K), and State Farm Insurance Company (+$51K).

Other low-paying employers include Allstate Insurance Company at $44K and Allstate at $44K, though some Insurance Claims Adjusters there earn up to $88K.

Popular Skills for Insurance Claims Adjuster


Survey results imply that Insurance Claims Adjusters put a diverse skill set to use. Most notably, skills in Construction Estimating, Negotiation, Claim Handling, and Customer Service are correlated to pay that is above average. Skills that seem to negatively impact pay include Insurance. For most people, competency in Claim Handling indicates knowledge of Negotiation.

Pay by Experience Level for Insurance Claims Adjuster

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Insurance Claims Adjusters, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Salaries for the relatively untried average out to around $42K, but survey participants with five to 10 years of experience earn a significantly higher median of $51K. Insurance Claims Adjusters bring in $56K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $65K.

Pay Difference by Location


For Insurance Claims Adjusters, working in the bustling city of Seattle has its advantages, including an above-average pay rate. Insurance Claims Adjusters will also find cushy salaries in New York (+22 percent), Los Angeles (+14 percent), Chicago (+5 percent), and Houston (+5 percent). Trailing the national average by 10 percent, San Antonio is the market with the smallest paychecks. Oklahoma City and Tampa are a couple other places where companies are known to pay below the median — salaries tend to be 5 percent less than the median.

Related Job Salaries

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Experience Affects Insurance Claims Adjuster Salaries




National Average
$48,000


Skills That Affect Insurance Claims Adjuster Salaries



Claim Handling
up arrow 2%

National Average
$48,000

Customer Service
up arrow 2%

Insurance
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 403 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
8%
1-4 years
36%
5-9 years
25%
10-19 years
20%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 11%
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