Adjuster Estimates

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Last Post 04/15/2007 9:06 AM by  navigator
what is your time worth?
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navigator
Guest
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Posts:3


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04/13/2007 11:25 AM

    Where I am located, the amount of claims have dropped considerably. I am considering file examination on the side, on a contract basis. But I am unsure what is a fair fee per file to expect. This isn't for CAT work, just daily claims. I think I could reasonably review 10 small to average size claims per day. I have been in the field for nearly 3 years now and handled a great deal of reopened files, which I think would be beneficial experience. I have always had great comments on the completeness of my reports and estimates on my own assignments.

    So I ask...What would your time be worth??
     

    Thanks in advance;

    Nav

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    Wes
    Member
    Member
    Posts:72


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    04/13/2007 5:24 PM
    That is a tough one. Do you already have an offer on the table? I believe you are usually paid day rate for this type of service. Working from home or reporting to an office? I would guess $200.00 per day 5 days a week and I might consider it. As an adjuster you are worth $65.00 per hour.
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    navigator
    Guest
    Guest
    Posts:3


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    04/13/2007 7:21 PM
    Yes, I have an offer, but cannot get them to budge with an amount / fee or even a ball park figure. So I have tried to obtain what would be a fair and equitable amount per hour, day, week, file, etc. I am unsure how to go about this since a small estimate and report could be so bad that it takes time and needs re working; a large one could be so well done that it would be easy to process. This is a delimmea. I appreciate anyone's help and input.....
    Nav
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    Ray Hall
    Senior Member
    Senior Member
    Posts:2443


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    04/14/2007 1:07 PM

    I know a staff adjuster who moon lighted for an IA firm in 05 (no conflict) on a seperate carrier's losses and got $15.00 per file on e files, he said he averaged $100 per hour for three hours each night.

    Its just like storm work the bad with the good billers.

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    navigator
    Guest
    Guest
    Posts:3


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    04/15/2007 9:06 AM
    Thanks everyone for your input. This helps me with an idea of what would be fair for us both.

    Nav
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