HOW MUCH MONEY DOES A CATASTROPHE ADJUSTER MAKE?
Your income will depend to a large degree upon how much you want to make which means how hard you work. Some companies pay a daily rate (normally $600-800/day), but during a catastrophe, most pay on a fee schedule (a fee based upon the total amount of each claim). It is not unusual to average $400-600 per claim, and an efficient adjuster can turn in upwards of 3-5 claims per day. Thats $1200 to $3000 a day. These are not exaggerated numbers. The first apprentice that I ever field trained was my son Adam, in his mid-twenties at the time. Adam made well over $60,000 his first storm working a total of three months (Hurricane Katrina). This was more money than Adam had made in the previous two years combined as a painting contractor! Obviously you will not make exactly the same amount that he did you would make either more or less. On the conservative side, depending on their work-ethic, professional adjusters will make anywhere from $20,000 to $150,000 working between 2-5 months a year. L