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NFIP Adjuster Fee Schedule

CADO Admin
/ Categories: Flood, NFIP

Updated: The information below comes from the October 1, 2021 NFIP Claims Manual

Section 2: Claims Processes and Guidance
This section provides FEMA claims processes and guidance. The primary audience is claims adjusters with call-out boxes denoting the claims examiners’ roles and responsibilities.

Adjuster Fees

FEMA uses the current NFIP Adjuster Fee Schedule to make payment to insurers; the insurers, in turn, make payment to the adjusters.

  • Current Adjuster Fee Schedule effective August 24, 2017 (See Appendix A).
  • For ICC claims, use the ICC fee schedule, effective September 1, 2004 (See Appendix B)

NFIP ADJUSTER FEE SCHEDULE GUIDANCE

  • Gross Loss
    • Gross loss means the agreed cost to repair or replace before the following is applied: 
      • depreciation (recoverable or non-recoverable),
      • policy deductible(s),
      • salvage buy-back
  • The gross loss shall not exceed any or all of the following policy limitations:
    • Building and personal property policy limits stated in the Declarations Page
    • Program Limits building and/or personal property
    • Special Limits ($2,500)
    • Loss Avoidance Measures for Sandbags, Supplies, and Labor ($1,000);
    • Property Removed to Safety ($1,000)
    • Pollution Damage – General Property form ($10,000)
    • Policy Exclusions
  • Note: Additional Documents are available below to download but login is required to access them.

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FAQ

Listed below are some links to other blog post and articles on other sites.

Dimechimes ClaimSmentor Adjuster Information Blog 
 Organization Chart for the Claims Handling Blame Game- A Humorous Graph -A Serious Look at Claim Bad Faith Issues
 On the page the above link takes you to you will find links to some of her other articles at the end of the above article.
  

WHAT MAKES A GREAT CAT ADJUSTER?
Article written by John Postava
On the Ryze Claim Solutions webite

You can find additional post from John and Dimechimes in the CADO forums, they have made many post over the years contributing to the community by sharing their knowledge and experiance.

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U SCOPE...  Estimate Smarter.  Faster.  More Efficiently