It seems that there are some pretty wild rumors circulating about the average salary of an insurance adjuster in Texas. Some claim that insurance adjusting is so lucrative, you’ll be swimming in money right from the start. Others believe it’s just a get-rich-quick scheme that takes your money and leaves you with no marketable skills. So which is it? Is it worth the time and money you’ll invest to get a Texas insurance adjuster’s license?
Yes, it is absolutely worth it! At 2021 Training, we teach you everything you’ll need to know in the real world of insurance adjusting. We’ve been in the field, and we know what challenges you will face. While we make no guarantees about your future income level, we will use our 100% online curriculum to help you get organized so that you can make the most of your time and take on more cases. More cases equals more money for you.
The Truth about Texas Insurance Adjuster Salaries
Will your insurance adjuster license make you wealthy, or will it barely pay your bills? As with most things, the truth lies somewhere in the middle. It also depends a lot on you, your drive, and the amount of time you can commit to your career.
For this report, we looked at insurance adjuster salaries from Glassdoor, Indeed, ZipRecruiter, and the Bureau for Labor Statistics (BLS). All of the salaries are specific to Texas except for the BLS, which is nationwide.
What did we find out? There is good news! Insurance adjusters in Texas are doing well for themselves, with most salaries falling solidly into the middle-class range. According to Zippia, Texas is the best state for insurance adjusters, with salaries that surpass those of all the other states (after adjusting for cost of living).
According to the U.S. Department of Labor, claims adjusters earned an average of $59,960 in 2012. The top ten percent earned more than $89,810, and the bottom ten percent earned less than $36,950. Recruiter also reports that insurance adjusters typically earn an average salary between $40,000 and $60,000, with the top earners reaching about $90,000.
Factors That Affect Your Earnings
There are many factors that will determine your salary once you’ve become a licensed insurance adjuster. Some of the most important are:
- Your Sector. Do you want to work for the government? Would you rather work for the public, or for a private insurance company? Some adjusters find fulfillment through helping the public, but their salaries might not be as high as those at a private company. Government jobs usually come with good benefits, so that’s another consideration.
- Your Tenure. Salaries tend to increase as adjusters gain more experience. This is either due to promotion within their company or their increasing ability to use their time better and network with others who have been in the business a long time.
- Your Employer. If you decide to work for a company and become a staff adjuster, you will have a steady income. If you decide to become an independent claims adjuster, you could have good years where you break six figures, and long dry spells in between.
- Your Training. Adjusters who complete the curriculum at 2021 Training have an advantage over others who get their training elsewhere. While most programs will give you sufficient book knowledge, they don’t have real adjusters to teach you what it’s like in the field through their personal anecdotes and wisdom.
2021 Training: We Help You Build a Lucrative Career
It can be very rewarding to work as a licensed insurance adjuster in Texas. Visit our website to learn more about the process. You can call us if you have questions, or purchase the curriculum online to get started today!