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Posted By TJ on 23 Mar 2013 10:07 AM

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Catastrophe Central, Discuss, Share, Learn

Let's get real about the money
Last Post 05/01/2012 10:20 PM by stormcrow. 29 Replies.
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Author Messages Informative
claims_ray
Senior Member
Senior Member
Posts:293


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04/30/2012 8:55 PM
I understand what you are saying ddreisbach, however I try to refrain from disparaging others and just try to reinforce to the insured's that I am now present to address all of their issues. I love working clean-up.
stormcrow
Senior Member
Senior Member
Posts:414


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04/30/2012 11:58 PM
Every time you do clean up of major screwups we become lower then pond scum or even the sludge on the bottom of the pond. You can make good money on that type of clean up, but our value to the companies goes down, if it can get lower. Remember a claim over paid by telephone can be recovered in increased premiums, but paying adjusters twice to do a claim costs policies lost  due to poor customer service and the adjusting costs can not be used to justify a rate increase.
I want to die peacefully in my sleep like my grandfather, not screaming in terror like his passengers.
CatAdjusterX
Posts:964


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05/01/2012 1:39 AM
Posted By AaronA on 18 Apr 2012 11:08 AM
Man you guys are making out the adjustment world to be a pretty tough gig. I think AMCAT USA apparently sends you to catastrophe areas, but take forever to pay you. Any recommendations on getting into the industry? I live near Irving, so I wanted to take their courses.

.....................

I cannot speak for working for them because I never have, however they are indeed a top notch school. You must understand that the knowledge necessary to obtain your Texas license is not the end of the learning experience, it is only the beginning. If you take the combo course(licensing/XM8/Adjuster101), understand that again, the knowledge gleaned from these courses are NOT designed to prepare you to begin working claims upon, "graduation". These courses merely give you rudimentary knowledge of the industry and the preferred estimating software of the CAT industry.. XM8. They give you a solid foundation upon which you can add to as you continue to learn the industry

"A good leader leads..... ..... but a great leader is followed !!" CatAdjusterX@gmail.com
claims_ray
Senior Member
Senior Member
Posts:293


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05/01/2012 7:02 PM
Posted By stormcrow on 30 Apr 2012 11:58 PM
Every time you do clean up of major screwups we become lower then pond scum or even the sludge on the bottom of the pond. You can make good money on that type of clean up, but our value to the companies goes down, if it can get lower. Remember a claim over paid by telephone can be recovered in increased premiums, but paying adjusters twice to do a claim costs policies lost  due to poor customer service and the adjusting costs can not be used to justify a rate increase.


I can only address the work that I do once assigned.  How can I prevent poor claims handling unless I were a vendor or carrier?
stormcrow
Senior Member
Senior Member
Posts:414


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05/01/2012 10:20 PM
I often do clean up, and we can not control that. My point was we all pay in the long run as the value of cat adjusters tanks.
I want to die peacefully in my sleep like my grandfather, not screaming in terror like his passengers.
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