Insurance Claims Adjuster Salary

The average Insurance Claims Adjuster in the United States earns approximately $50K per year. Total cash compensation to Insurance Claims Adjusters approaches anywhere from $34K on the lower end to $74K on the higher end; in exceptional cases, this can include more than $7K from bonuses and upwards of $8K from profit sharing. The specific employer is the biggest factor affecting pay for this group, followed by years of experience and geography. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. Most workers in this position report high levels of job satisfaction. Women make up a slight majority of Insurance Claims Adjusters (51 percent) survey respondents. The information for this snapshot was generated by responses to the PayScale salary survey.

$36,856 - $72,843
$37K
$50K
$73K
MEDIAN: $50,224
10%
50%
90%

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$13.65 - $26.35
$14
$18
$26
MEDIAN: $17.87
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
$36,856 - $72,843  
   
Bonus
$0.00 - $7,133  
Profit Sharing
$206.08 - $7,876  
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).
)
$34,317 - $73,865  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 953
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
$13.65 - $26.35  
   
Overtime
$22.96 - $50.68  
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 - $7,133  
   
Commission
$8,193  
Profit Sharing
$206.08 - $7,876  
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).
)
$34,317 - $73,865  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 198

Find Out Exactly What You Should Be Paid

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' salaries may rise greatly for those who assume a higher-end position such as an Attorney. The average Attorney brings home $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, State Farm Insurance Company, Progressive Casualty Insurance Company, Farmers Insurance Group, and Geico are among the top companies that take on many Insurance Claims Adjusters. Nationwide Mutual Insurance Company leads the field in terms of pay, with a median salary of $61K. Those in search of high salaries should also consider The Travelers Companies, Inc., American Family Insurance Group, and Progressive Casualty Insurance Company, top-paying firms where Insurance Claims Adjusters rake in a comfortable $57K, $54K, or $54K, respectively.

Others at the bottom of the scale for this job include Esurance, Inc. at $41K, Usaa Insurance at $41K, and Geico, where $46K is the norm.

Popular Skills for Insurance Claims Adjuster


Insurance Claims Adjusters report using a diverse set of skills on the job. Most notably, facility with Litigation Case Management, Construction Estimating, and Negotiation are correlated to pay that is significantly above average, leading to increases of 33 percent, 15 percent, and 6 percent, respectively. Most people familiar with Claim Handling also 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

National Average: $49,400

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 will also find cushy salaries in Minneapolis (+19 percent), Denver (+16 percent), Dallas (+12 percent), and Chicago (+9 percent). Location significantly influences compensation, with Tampa Insurance Claims Adjusters earning much less — 21 percent less — than the national average. Two other places where employers offer below-median salaries are Orlando (17 percent less) and Des Moines (14 percent less).

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 169 votes.
Less than 1 year
9%
1-4 years
41%
5-9 years
18%
10-19 years
20%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claims Adjuster Salaries

▲36%

▲18%

▲8%

National Average
$49,000

▼12%

Skills That Affect Insurance Claims Adjuster Salaries

Litigation Case Management
▲33%


▲6%


▲1%

Customer Service
▼0%

National Average
$49,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 169 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
9%
1-4 years
41%
5-9 years
18%
10-19 years
20%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
vision benefits
Vision: 70%
no benefits
None: 11%
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