⭐️⭐️⭐️What Can You Earn as an Adjuster? ⭐️⭐️⭐️
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- čas přidán 23. 07. 2024
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⭐️⭐️⭐️Figure out how much you can earn as an Independent Adjuster with this spreadsheet! www.adjustertv.com/spreadsheet ⭐️⭐️⭐️
I put together a basic spreadsheet that adjusters can use to project and track their startup expenses and their ongoing storm expenses. In addition to that, I've also included an income projection calculator that let's you estimate what your ballpark income should be and how long it'll take you to earn that based on how many closed claims you can average and what your average gross fee schedule payout is (your cut with the vendor).
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www.adjustertv.com/spreadsheet
So it looks like with the new tax plan (no personal exemption) from last year adjusters can no longer really right off a bunch of expenses anymore, truck drivers also similarly affected...how has this affected you? I'm married so the standard deduction is $24k which is a lot.
@@210Deek I don't know yet.. I'm going to have to work on my taxes and see..
Listen, bottom line is this...as an adjuster for properties you can expect to make between 200-1000 per claim. The lower number is for easy claims. The higher number is for full adjustments (this is a lot of work). During storms, everything changes. I last made 1000 per claim during Irma. The money is good only if you can get claims. It’s very hard as a new adjuster to get claims on a daily basis. During storms, it’s pretty easy. But expect to be cut off after month one.
Dangit, Matt! I coulda made my video 27 seconds lol! Great way to sum it up.
What a tremendous help this is - I've been interviewing people in this field who friends know -- and this is really concrete info. I am referring your page to those folks - we need to help each other! Thank you again.
Thank you so much!
Thank you Matt! COVID put me back on the market and looking at Insurance paths. An IA buddy and a hail claim got me interested in adjusting and Adjuster TV has been a tremendous resource. Your video on expenses is particularly helpful from a planning perspective. Big Big Thanks!
You're welcome!!
Thanks for the info. I'm in texas and will be taking the all lines adjuster course. I'm excited and nervous at the same time.
No worries! The two main things to remember with all of this storm adjuster stuff are: 1. it depends almost entirely on the weather. So if there's nothing going on, then we're all sitting around waiting. Don't quit your day job until you get the call. 2. You just have to make it through your FIRST storm. If you hit it out of the park on your first one, then getting deployed again (and again and again) is MUCH easier.
It's a great gig, but the income is extremely variable depending on what Mother Nature is up to. But if you stick with it and can be adaptable, the rewards can be really great. Good luck!
Feel free to hit me with any questions you have over at facebook.com/groups/adjustertv
I just aced my course. How are you liking it now?
@@myspaceintexas congratulations. I work auto injury claims with state farm now. I can send you a referral if your located in the DFW area
Can you do a video on how to drive to a claim, scope, photograph, write an estimate and complete all reports in Exactimate in 1 hour?
Hey, Art.. Yes, that video is in the works and will be out late spring/summer.
I'm looking at an auto claims adjuster trainee position with progressive, would you recommend an entry level position like this to start an adjuster career?
Hey Dylan... getting started with a carrier is a great way to build a career in clams. Paid training, paid experience etc. Plus great networking.
This is great information, thank you. I've been straddling the line of getting my CDL to be an owner operator or getting my adjusters license, to be an independent contractor here in Texas doing auto and property. I've done disaster home inspections for FEMA through Vanguard which is where I met several independent adjusters. Thank you for this👍
BlownIncome Funny I drive Trucks and I'm straddling the fence also. Thinking about getting out of Trucking and get back into this...
@@GuyanaBrent I'm going to go ahead and get my CDL first, I start this upcoming Monday (I was suppose to start last Monday, but I had the flu). I'm using my Post 9/11 benefits for that, and will earn a small paycheck while getting my CDL. As soon as I am finished with that, I'll take a three day class here in Dallas for my All Lines Adjuster license. Probably doing it backwards, but that's my plan. How long have you been in the trucking industry? Are you an Owner Operator?
From a former owner opp dont do it no matter who and what money they say you can make .trucking is dying I been in trucking for 10 years .
Go for insurance is the God of the industry and bussines
@Blown Ive been a truck driver for 23 yrs, bounty hunter for 5 yrs, although trucking & bounty hunting has put food on the table I am going to retire (let my license expire) from both of them dec 31st 2019 & get my license in the insurance field (claims adjuster) storms, crops & so on.. Best of luck to you..
Hi is this the same for auto adjusters? I am planning to start working as a auto claims adjuster as a secondary income. Wondering how it works for those claims and average fee per claims?
Great question.. I've never done auto before, but I hear that it's almost as good as property.. and you'll probably be busier. This guy is a pretty good resource: iapath.com Thanks for watching!
I am looking to get deployed. This would be my first time. Do you have videos for the first timers what to do and not do? Are you not assigned a trainer if its your first storm?
I'd reccomend getting your statefarm certification, and you'll have managers that should be able to help you once deployed but they'll be helping other people too, I'd reccomend taking an xactimate course so you can write an estimate and sketch properly before starting (wish I wouldve). Also sign up with as many good independent firms as you can. When a big storm such as a hurricane is about to hit, call them and ask about getting deployed, if it's big enough and u call enough firms, one of them will deploy you.
I'm extremely interested in this occupation.
How would you recommend I begin my journey in this field?
Hey, Hayden.. Well, there are a lot of resources and a lot of ways to jump in.. But I think the simplest thing to do is to get on social media - you can jump into my facebook group at facebook.com/groups/adjustertv - and start making relationships. Your objective is to pair up with an experienced adjuster who will let you job shadow them for a couple of days on their next deployment so you can see what it is we do.
If you're beyond that stage and you're ready to go all-in.. Then you'll want to pick up your home state adjuster license.
After that..
www.adjustertv.com/posts/2018/11/1/youve-got-your-adjuster-license-now-what
I try to answer this question as much as possible in my videos so keep watching! If you've got a few focused questions and you want to talk on the phone:
adjustertv.com/contact
Good luck!
Good Day Matt
I’ll like to know if Independent Adjusters get paid with a 1099 and responsible for their own taxes or they get withholdings
They can be paid both W2 and 1099 depending on the company. It tends to all wash out at the end of the day.
Hey man I’m 18 just graduated high school, and I’m really looking into getting into this. If there is any way I can talk to you a little more about this, would be greatly appreciated! Thanks have a good day:)
CryptoTeen sure thing. If you head over to my website and sign up for the freebies you can email me directly www.adjustertv.com
Ok thank you!
I’m not good at grabbing for gigs… I’d rather do some kind of salary
Is there a major difference between a Texas vs Florida all lines adjuster license?
Hey Taymon.. if your question wasn’t answered already: they’re the top two licenses u should probably get. But Texas will probably keep u busier generally speaking because large hail is more common in Texas than any other state. But when hurricanes hit, Florida is a good one to have. If you don’t have a home state license, these are good ones to get. Indiana is also a good one to get first.
czcams.com/users/adjustertv
Do you stay in the same state or do you just travel to other cities in your state?
Jhon Pinzon hey there! We go where the disasters are. Most of the time we have to travel.
Adjuster TV So you can go to any state to do claims only as a CAT adjuster?
Yes. However, some states have a much higher frequency of cat events - primarily Texas and the Midwest. Hail damage is what we make most of our money on. Every few years there’s a hurricane so then it’s the coastal states. Or a wildfire, which are the western states generally.
If your wondering where to start getting licenses, I’d start with Texas, Oklahoma, and Minnesota. The rest of the Midwestern states including Colorado don’t have a license requirement. You can add licenses at any time later.
Adjuster TV So in order to operate in those states, you have to have a license in each one of them?
Jhon Pinzon c
😁
I should be getting a va refund. Which laptop should I buy?
That's a good question and I'm in the market myself. I'm looking at laptops that have an i5 or i7 processor, at least 4g of ram, and a SSD hard drive.
At least 16GB RAM, 528 to 1TB SSD.