A public or insurance claims adjuster deal with claims filed by policyholders after incidents such as automobile accidents or property damage. The average salary of a public adjuster varies depending on his level of experience, his area of expertise and industry and the cost of living in the location in which he lives.
The Bureau of Labor Statistics reports that public adjusters in the United States earned an average salary of $60,200 as of May 2010. Salaries ranged from less than $35,710 in the 10th percentile to over $88,320 in the 90th percentile, with the median salary at $58,620 a year.
The industry with the highest level of employed public adjusters was insurance carriers, offering an average salary of $59,490 as of 2010. Adjusters working in agencies, brokerages and other insurance-related activities earned an average of $58,180, while the bureau reports those working for the management of companies and enterprises earned an average of $59,310 a year. The federal executive branch offered an average salary of $66,910 for public adjusters and the state government offered an average of $55,440.
California had the highest level of employment of public adjusters as of 2010 and an average salary of $65,140 a year, while Connecticut had the highest concentration of jobs and offered an average of $63,670. The highest paying state for public adjusters was the District of Columbia with a salary average of $79,010, and the highest paying metropolitan area in the country was Poughkeepsie-Newburgh-Middletown, New York with an average salary of $79,930.
Depending on the type of company they work for, public adjusters may advance into managerial or administrative roles. Others opt to start their own independent adjusting and/or consulting business. The highest wages for public adjusters were found in the industry of financial investment activities and in the offices of physicians, both of which offered salary averages of over $73,000 as of 2010, according to the bureau.
2016 Salary Information for Claims Adjusters, Appraisers, Examiners, and Investigators
Claims adjusters, appraisers, examiners, and investigators earned a median annual salary of $63,670 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, claims adjusters, appraisers, examiners, and investigators earned a 25th percentile salary of $48,250, meaning 75 percent earned more than this amount. The 75th percentile salary is $78,950, meaning 25 percent earn more. In 2016, 328,700 people were employed in the U.S. as claims adjusters, appraisers, examiners, and investigators.
- Bureau of Labor Statistics: Claims Adjusters, Appraisers, Examiners, and Investigators, 2010-11
- Bureau of Labor Statistics: Claims Adjusters, Appraisers, Examiners, and Investigators Wages, May 2010
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: Claims Adjusters, Appraisers, Examiners, and Investigators
- Career Trend: Claims Adjusters, Appraisers, Examiners, and Investigators
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