Annual Salary, Salary Range, and Highest Paying States and Industries
Insurance Adjusters and Investigators
Insurance Adjusters and Investigators investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Insurance Adjusters, Examiners and Investigators with little to no experience can expect to make anywhere between $41,950 to $52,160 per year or $20 to $25 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Insurance Adjusters, Examiners and Investigators to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
Level | Hourly | Annual |
---|---|---|
Highest (Top 10%) | $50 | $103,610 |
Senior (Top 25%) | $41 | $85,820 |
Middle (Mid 50%) | $33 | $68,270 |
Junior (Bottom 25%) | $25 | $52,160 |
No experience (Bottom 10%) | $20 | $41,950 |
Highest paying states
State | Hourly | Annual |
---|---|---|
DC | $43 | $89,830 |
NJ | $42 | $86,730 |
CT | $39 | $81,800 |
CA | $38 | $79,570 |
MA | $38 | $78,100 |
NV | $37 | $77,620 |
MD | $37 | $77,000 |
NY | $37 | $76,360 |
WA | $36 | $75,860 |
RI | $36 | $74,980 |
Another simple way to increase your salary as an Insurance Adjuster, Examiner and Investigator is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.
According to BLS, the highest paid Insurance and Claim Adjusters are in the states of DC, NJ, CT, CA and MA.
Highest paying industries
Salary by industry | Annual | Hourly |
---|---|---|
Natural Gas Distribution | $98950 | $47.57 |
Taxi and Limousine Service | $88720 | $42.65 |
Social Advocacy Organizations | $84760 | $40.75 |
Rail Transportation | $80110 | $38.52 |
Medical and Diagnostic Laboratories | $80040 | $38.48 |
Federal Executive Branch | $79770 | $38.35 |
Data Processing, Hosting, and Related Services | $78340 | $37.66 |
Computer Systems Design and Related Services | $76110 | $36.59 |
Local Government | $73990 | $35.57 |
Legal Services | $71930 | $34.58 |
Real Estate | $71090 | $34.18 |
Business, Professional, Labor, Political, and Similar Organizations | $70130 | $33.72 |
Insurance and Employee Benefit Funds | $69910 | $33.61 |
Insurance Carriers | $69720 | $33.52 |
Employment Services | $69630 | $33.47 |
Management of Companies and Enterprises | $69510 | $33.42 |
Agencies, Brokerages, and Other Insurance Related Activities | $68860 | $33.11 |
Electric Power Generation, Transmission and Distribution | $68510 | $32.94 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $68450 | $32.91 |
Elementary and Secondary Schools | $68410 | $32.89 |
Religious Organizations | $68360 | $32.87 |
Individual and Family Services | $67920 | $32.66 |
Nondepository Credit Intermediation | $67370 | $32.39 |
Office Administrative Services | $67030 | $32.23 |
Management, Scientific, and Technical Consulting Services | $66560 | $32.00 |
Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $66120 | $31.79 |
Health and Personal Care Stores | $64960 | $31.23 |
Freight Transportation Arrangement | $64860 | $31.18 |
Offices of Physicians | $64430 | $30.97 |
Vocational Rehabilitation Services | $63990 | $30.77 |