2021 Insurance Adjuster Job Outlook

Many people experienced job insecurity last year due to the pandemic. It quickly became clear that a lot of industries won’t hold up against extreme circumstances like mandatory quarantine or social distancing. Now, people who were laid off are seeking promising new career opportunities. A career as a claims adjuster is one career path that is certainly worth exploring. 

Accidents and severe weather events will continue to happen regardless of whatever else is going on in the world. For this reason, insurance adjusters will continue to enjoy high levels of job security. 2021 Training offers top-of-the-line insurance adjusting courses that will provide you with everything you need to get licensed in Texas. Our comprehensive courses will teach you industry best practices, and you’ll be prepared to close out claims fast and make a lot of money in the process. 

Job Outlook

The outlook for jobs in the insurance adjusting industry will continue to be positive in the near future. Insurance Adjuster jobs are projected to continue growing through 2024. So, there’s really no better time to complete your pre-licensing work than the present moment. You can investigate a variety of claims with a Texas All-Lines Insurance Adjusting license. Adjusters with this license can investigate auto, home, and catastrophe along with several others. Another cool thing about the Texas All-Lines license is that you can work in any state that has a reciprocity agreement with Texas. You can also choose to work as either an independent or staff adjuster. 

Salary

According to the U.S. Bureau of Labor Statistics, the annual median pay for an insurance adjuster is $66,540. However, salary amounts vary drastically depending on the city you operate out of and other factors like education, experience, licensing, and skills. Your salary also depends on the type of work you accept. For example, an independent adjuster that investigates catastrophe claims will make more money than one who only investigates auto claims. 

Staff Adjuster Benefits

If you choose to work as a staff claims adjuster you’ll enjoy a certain amount of stability. You can expect a steady paycheck each month. Insurance companies offer benefits like health and dental insurance, paid vacations, a 401K plan, and PTO. A lot of the time the company will also offset costs for your training and professional development. You can also expect to enjoy work-life balance as you will work a fixed schedule. 

Independent Insurance Adjuster Benefits

Working as independent adjuster yields a lot of benefits. You’ll enjoy a lot of freedom because you can control where you travel, which assignments you’ll accept, and who you’ll work for. Independent adjusters typically make more money than staff adjusters too. However, you won’t get the benefits like insurance, and you’ll be responsible for expenses like adjusting equipment and vehicle maintenance. 

2021 Training

The job forecast for insurance adjusters is promising. Sign up for insurance adjusting courses to get your license or just learn more about industry best practices. view publisher site Our staff is highly knowledgeable about the insurance industry and we offer 24/7 support to students using our online platform.