Not many people are familiar with catastrophe (or CAT) adjusting. It has been a pretty well-hidden career for a long time. Recently however the need for CAT Adjusters has grown. First off, you might be thinking, “what is catastrophe adjusting?”
What Is Catastrophe Insurance Adjusting?
When a hurricane, wildfire, hail storm or any other natural disaster occurs, insurance agencies send out independent catastrophe adjusters to estimate how much compensation the customer is entitled to under their policy. The adjusters are typically deployed to the affected region for weeks or months at a time running claims for the policyholders.
4 Reasons You Should Consider Catastrophe Adjusting
1. High Paying Job
CAT adjusters have great earning potential. In as little as 6 months a hardworking adjuster can make up to 6 figures. The typical income ranges between $70,000 – $100,000. The actual pay depends on the storm season and the work ethic of the adjuster since they are paid per claim closed.
2. Self Employed
Catastrophe adjusters are mostly independent contractors. They are paid by the insurance agencies but work for themselves. They make their own hours and can work at their own pace within limits. For most, that is a quick pace as they are trying to close as many claims as possible.
3. A Lot Of Vacation Time
What’s the point of making a lot of money if you can’t enjoy it? Well, CAT adjusters generally work during the storm season which lasts about 6 – 9 months. That leaves 6 – 3 months off. However, if that isn’t enough work, catastrophe adjusters can also work day claims directly for insurance agencies in the off time as well.
4. Helping People
CAT adjusters bring help when people need it the most. After the storm has hit, adjusters help people back on their feet by providing the compensation they desperately need.
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