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CCarr
Canada
1200 Posts |
 Posted - 01/10/2004 : 22:36:38
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Unfortunately, I can point out a 'worse yet', than R.V.'s noted "worse" example.
"Survey Says" - at the lowest fee schedule tier, of the 46 fee schedules in the survey, two were at this $125 level, and an additional six were below that, as low as $90 gross fee.
I don't care what percentage is offered as compensation on those gross fees; that is not anywhere near adequate compensation for an adjuster. |
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CCarr
Canada
1200 Posts |
Posted - 01/10/2004 : 22:46:17
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| Yes sir. |
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JimF
USA
1014 Posts |
Posted - 01/10/2004 : 22:48:12
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| Or perhaps those who couldn't make it as roofers. |
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jlombardo
USA
212 Posts |
Posted - 01/11/2004 : 07:31:08
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General Comment:
I tend to agree 100% with JF/CCarr/R.V.Winkle and the others that feel that the Cat adjuster is just not being paid and/or treated fairly/reasonably.
Kile, you must realize that your "position" is very much the exception and not the rule that is applicable to 98% of the true CAT adjusters out there......How many folks can stay in KY for cleanup all year????How many CAT adjusters are out there--GOOD CAT ADJUSTERS---I think that you have made many notable comments, but I think that you have gotten into a interesting position and that position has limited number of "spots" available. Hence, yours is more unique than most, and much of what you post is some what slanted and not applicable to the majority. |
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leoncrow
USA
16 Posts |
Posted - 01/11/2004 : 11:48:54
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| We are our own worst enemy, as long as adjusters will work for cut rate prices, they will keep cutting prices. If you have every worked ror a cut rate you are the problem. |
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ChuckDeaton
USA
373 Posts |
Posted - 01/11/2004 : 13:34:46
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Another problem is NAFTA and low wages in the third world. Every time a Maytag plant moves to Mexico another 1000 cat adjusters potential cat adjusters are set loose.
Mad Cow and the resulting impact on the beef market created another group of cat adjusters on the high plains of Texas. |
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CCarr
Canada
1200 Posts |
Posted - 01/11/2004 : 13:50:43
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Well Chuck, to complete the circle envisioned in your comments, you seem to be suggesting that every dislodged worker from another trade or field, migrates to the cat claim niche; with a thirst to be a claims handler or adjuster.
If so, why is it, or what is it, that makes it so easy or attractive for anyone (especially a "claims handler") to assimilate into the cat claims niche? I think we have pounded that around pretty good. But, to complete the circle, you must determine and implement ways to prevent it.
If "you" don't, the migration to the seemingly easy street of a "claims handler" in the cat claims world; will continue to saturate and dilute your marketplace. |
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trader
USA
236 Posts |
Posted - 01/11/2004 : 14:11:02
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| Why dont we have "graded" cat adjusters? Why dont we pay the General Contractor(vendor) 20% of the fee. The General adjuster gets the remaining 80%. Now this will sell B adjuster allows the carrier to discount the total fee 5% and the B gets the remaining with the vendor AFTER the vendor takes his off the top. The C adjuster would allow the co to take a 10% discount, the D a 15%, the E a 20% and so forth. This would give the co,s the same break they deserve, and cause the vendors to send out the pro,s. |
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trader
USA
236 Posts |
Posted - 01/11/2004 : 14:32:36
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| Just read the Sunday Houston Chronicle for the forth largest metro area in the US. Not one classified add for ADJUSTER... any line. |
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nebcat
USA
3 Posts |
Posted - 01/15/2004 : 11:23:00
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| I have to agree with Chuck. I just heard about a pen rider at a feedlot that is going to become a cat adjuster. It would be interesting to know what his credentials are. |
nebcat |
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okclarryd
USA
106 Posts |
Posted - 01/20/2004 : 10:32:21
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I'll go along with the "graded" cat adjuster. I may not make as much as I think I'm worth under that system, but I bet it would work and weed out those that have inflated self-worth values.
Here's the deal. I don't want to be the "go-to-guy" for legal matters in insurance. I just want to go climb a few roofs, make a few bucks, or look at a few cars, make a few bucks, and then go home and work on my newest project.
I was a senior staff adjuster for a lot of years and willingly gave up all the glory and "respect" for a much simpler life style. And...........I AIN'T GOIN' BACK!!!!!!!
The other side of the coin is that those of us that have been around for a while may be worth a little more than a "newby". If for nothing else, we require a little less supervision. I repeatedly receive assignments where I am the only adjuster or perhaps one of 3 or 4. Not every assignment is a true catastrophe with 80 or 100 adjusters assigned to the area.
The bottom line is that I am quite happy where I'm at and count my blessings daily. Those of us that continually gripe and complain loudly and post negatively should look around and try to figure out why they are still at home and I'm being deployed.
That's my story and I'm stickin' to it. |
LARRY D HARDIN |
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goose
57 Posts |
Posted - 01/20/2004 : 12:30:43
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| Yeah, what he said. I am in CA and figure to head from here to the spring hail storms. And I say thank you to whoever calls. BTW, the rates I hear everyone say we are making on this fire are not even close to what we are getting. Nobody should work for those rates, and if you are, change vendors. But realize, they will not use you if you have a poor attitude. Good post, once again Larry. |
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"Adjuster", or just a handler / estimator?
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