Salary for Insurance Appraisers of Auto Damages
Also known as: Auto Damage Appraiser, Auto Damage Insurance Appraiser, Automobile Damage Appraiser, Vehicle Damage Appraiser
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SEE MORE SALARIES FOR FINANCE PROFESSIONALSWhen automobile damage occurs, insurance appraisers evaluate the validity of claims and determine the cost of repairs. They prepare insurance claim forms and provide estimated benefits coverage based on the individual policy and the value of the vehicle as well as the cost of damage repairs. As part of their efforts to secure a better price for their firm and quality repairs for their clients, they may confer or negotiate directly with automobile repair shops. If a disagreement with the shop arises regarding the cost and value of repairs, they may arrange to have the damage appraised by another appraiser. If a vehicle has been totaled, they calculate the salvage value. An extensive knowledge of automobile repair as well as a working knowledge of automobile repair industry pricing is crucial for this occupation. A minimum of a high school diploma or equivalent is required for this occupation, as is significant technical knowledge.
A Auto Damage Insurance Appraiser usually gets a pay level of somewhere between $46,410 and $95,630 depending on levels of tenure. Insurance Appraisers usually get a salary of sixty-eight thousand five hundred and fourty dollars each year.
Insurance Appraisers make the highest salary in Utah, where they receive average pay scales of approximately $86,820. Professionals that work in these jobs obtain the highest pay in Retail Trade, where they can get pay of $74,340.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 49.74 percent nationwide in that time.
Insurance Appraisers of Auto Damages tend to make the most in the following industries:
In general, they earn less within the industries below: