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Who are you working for........or thinking about working for?  Ask them!  What are you, 12? 

Sorry!! But hey, nobody here can answer that for you.  It's going to be different, depending on who you work for, and how your work product is.

Posted By nobody special on 14 Dec 2011 01:43 PM

Does anyone know how long it takes to receive pay between paychecks for CAT auto adjusting for a independent co., example 2 weeks, monthly?  And, is 350.00 a good daily rate for a CAT auto adjuster?

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So Mr. Nobody special, sorry my friend but HuskerCat is correct. There are far too many variables as to how and when you get paid. As far as the basic idea in CAT work is you get paid when you close claims,period! Some firms pay you on closed claims and some pay on closed claims ONLY when they receive payment from said carrier.

Ask the firm who is offering you 350.00 a day to work CAT auto claims how and when you get paid.

Is 350.00 a day a good day rate? Not for me or any other experienced adjuster. However a 350.00 day rate for a rookie, not to shabby especially when you consider you are not humping roofs, climbing up and down ladders. CAT auto claims seem to be fairly cut and dried(car submerged? Yes, totalled. Car rolled? Yes, totalled)

Robby Robinson (text by Dragon)

Sorry about my terse reply, Triple7.....but regarding part 2 of your question if $350/day is good or bad:

1. Will you be working close to home... or paying for a motel, meals, laundry, etc?

2. Will your vendor pay a per diem on top of the $350 if deployed away from home?

3. Will you be adjusting those claims from a drive-up site, where they come to you? Or do you have to go to them?  And, do you get mileage reimbursement on top of the $350/day?  If you total a vehicle, do you have to take title, obtain a salvage title, and handle the salvage arrangements and get reimbursed for those costs?

4. Will your vendor provide you with the software and/or hardware to complete the estimates, or do you bear the cost?

5. Would you be a 1099'r responsible for your own self-employment taxes (which increases your taxable income burden)?

6. If you do this, can you then afford to pay an accountant to do your tax return(s), including quarterly estimated payments, versus working wherever you do now and doing a simple Turbo tax filing based on W-2(s) that already has all witholdings taken out. Or a combination of the W-2 & 1099, for that matter?

My suggestion is, do the math and know before you go......how long you go, how long it lasts or is guaranteed to last.  But remember there are no guarantees.