What Does an Independent Claims Adjuster Do?

Independent claims adjusters are often referred to as independent because they are not employed directly by an agency, reveals Investopedia. Instead, they work as a third-party who helps when an insurance claim is filed. Keep reading to learn more about the role of an independent claims adjuster.

Who Does an Independent Claims Adjuster Work For?

Independent claims adjusters normally provide their services to insurance companies, but they are self-employed, meaning they file a 1099 for tax purposes. When a claim is filed, an adjuster will come to assess the damage. The report that the adjuster makes is then sent to the insurance agency so the amount of compensation, if any, can be determined. It depends on the adjuster’s report as to whether or not the damage is covered by the insurance company. Insurance agencies commonly reach out to independent claims adjusters when they’re burdened with a high number of claims, such as during a natural disaster.

Difference Between Independent Claims Adjuster and a Public Adjuster

An independent claims adjuster, although he or she may not be employed by the insurance agency, still works under the supervision of the insurance company. The adjuster represents the insurance agency and not you. A public adjuster, however, does represent you. Many times, people with have a claim reviewed by both an independent adjuster as well as a public adjuster. This is commonly seen when the policyholder believes the insurance company’s offer is not fair or adequate. A public adjuster also helps the policyholder with all aspects related to the filing the claim.

How to Become an Independent Claims Adjuster

To become an independent claims adjuster, it’s first important to carefully consider your career options. As a staff adjuster, you will work year-round and usually on a full-time basis. Technically, you aren’t considered independent when you’re a staff adjuster. As a true independent claims adjuster, you will work as a contractor for one or more companies. If you become a catastrophe adjuster, you will travel to areas impacted by natural disasters or those in need of your help on an as-needed basis. Your last option is become both a catastrophe and independent claims adjuster. If you take on this role, you will spend the majority of your time handling “daily claims” and then traveling when needed.

Once you decide the type of claims adjuster you want to become, you will need to research your state’s requirements. It’s likely that you’ll need to go through training and become certified.

How Do Independent Claims Adjusters Spend Their Time?

As an independent claims adjuster, you will spend the majority of your time traveling to assess damage. You will inspect the damage, review police reports, interview witnesses and speak with property owners. You’ll also spend a lot of time filling out paperwork.

How to Land a Job as an Independent Claims Adjuster

You may consider using these top tips on how to land your first job as an independent claims adjuster. Contact the HR department at the firm you want to work for and to provide your resume. You’ll also want to consider looking online for jobs and using social media to ask your social connections about any openings they know of, states Adjusterpro.