How Much Do Claims Adjusters Make?

By: Kaplan Financial Education
August 29, 2022
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Salaries for insurance claims adjusters can vary from state to state in the United States. They also can differ depending on the type of claims adjuster and their employer. The median base salary for a claims adjuster in the US is around $65,000 annually.


Independent Adjusters’ Annual Salary

Below are national annual average salary ranges for an independent adjuster broken down by experience level. 

Experience Level

Annual Salary Range

Entry Level$50,000 - $60,000
Mid-Career$65,000 - $75,000
Senior Management$80,000 - $90,000


Public Adjusters' Annual Salary

Below are national annual average salary ranges for a public adjuster broken down by experience level.

Experience Level

Annual Salary Range

Entry Level$11,000 - $40,000
Mid-Career$45,000 - $70,000
Senior Management$75,000 - $90,000


Company/Staff Adjusters’ Annual Salary

Below are the national annual average salary ranges for a company or staff adjuster broken down by experience level.

Experience Level

Annual Salary Range

Entry Level$55,000 - $75,000
Mid-Career$75,000 - $85,000
Senior Management$90,000 - $100,000


Which Claims Adjusters Make the Most Money?

Independent adjusters who work on catastrophic claims have the potential to earn over $100,000 in a year. If the adjuster is licensed to operate in multiple states and multiple natural disasters occur within their domain, the independent adjuster could earn well over $100,000 annually. 

What Do Insurance Claims Adjusters Do? >>

Top Rated Employers for Claims Adjusters

Various companies and individuals can employ adjusters. Becoming a top-rated employer in the claims industry requires high ratings in multiple aspects of employment such as

  • Culture
  • Job Security & Advancement
  • Management
  • Pay & Benefits
  • Work-Life Balance

Best Independent Adjusters Employers

Top-rated employers for independent adjusters can specialize in major loss claims. Commonly these claims involve natural disasters and fires and explosions. Employers of independent adjusters will often provide a full range of claim handling and support services. The ability to scale their workforces to accommodate large workloads empowers highly rated independent adjuster firms to handle claims involving major losses.

Individuals interested in working as independent claims adjusters may interview companies such as 

Best Public Adjusters Employers

Unlike company or staff adjusters who insurance companies employ, a public adjuster is employed by the policyholders. Top-rated public adjusting firms have high rates of success helping commercial and residential property owners negotiate with insurance companies.

Individuals interested in working as a public claims adjuster may interview with companies such as 

Best Company/Staff Adjusters Employers

High-rated employers for company or staff adjusters often have protection policies for personal and business assets. They often have flexible working policies for part-time and full-time employees and great training programs.

Individuals interested in working as a company or staff adjuster may end up interviewing with companies such as 

The Highest Paying States for Claims Adjusters

The earning potential for a claims adjuster fluctuates from state to state. Individuals in Michigan vs. Connecticut could see significant differences in their wages as claims adjusters.



Average Wage

1Connecticut $87,680
2New Jersey$86,760
3New York$79,760
5Rhode Island$77,500


Claims Adjuster Benefits

Each employer offers different benefits packages and perks. There are some benefits that are more common than others depending on which type of claims adjuster the individual is.

Independent Adjuster Benefits

Independent adjusters usually have more flexibility in their daily schedule and may have more remote positions available. This is mainly due to the nature of their assignments, which often require them to travel and gather evidence on-site. Weekly pay and discounts at hotels or car rentals can be common benefits that are unique to being an independent claims adjuster.  

Public Adjuster Benefits

The benefits that public adjusters have access to are similar to company/staff adjusters. Public adjusters usually work for firms that offer typical benefits such as retirement savings accounts, healthcare coverage, and paid time off.

In addition, they also usually have consistent work hours and access to company-issued laptops and company vehicles for traveling. 

Company/Staff Adjuster Benefits

Being a company or staff adjuster comes with traditional employment benefits such as steady paychecks, training, professional development, retirement savings accounts, healthcare coverage, and paid time off.

How Claims Adjusters Get Paid

Adjusters will receive payment after an insurance claim is settled. Some adjusters will earn a percentage of the settlement and some earn an annual salary regardless of how the claim was settled. 

How Independent Adjusters Get Paid

Independent adjusters usually earn a percentage of the amount of each claim they settle. This process is commonly referred to as a ‘fee schedule.’ Fee schedules vary widely between insurance companies and independent adjuster firms.

How Public Adjusters Get Paid

Public adjusters can earn a flat rate, hourly rate, or a contingency fee based on the outcome of the insurance claim. Similar to an independent adjuster, public adjusters typically choose to receive a percentage of the settlement. The policyholder is then responsible for paying the firm they hired.

How Company/Staff Adjusters Get Paid

Company or staff adjusters are salaried employees of an insurance carrier. Regardless of the claim’s outcome, these adjusters will get paid their annual salary from their employer. It is also likely that company and staff adjusters will receive an annual bonus.

Where Can a Job in Insurance Claims Lead?

Becoming a claims adjuster will immerse you into the insurance industry and give you the ability to move into management or analyst positions. Some claims adjusters decide to transition to sales or business development positions with forensic engineering firms or equipment restoration companies.

How To Get Started As a Claims Adjuster

Most individuals interested in becoming a claims adjuster will need to have at least a high school diploma and be able to pass an insurance licensing exam. 



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