Sketch My Roof

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Last Post 07/17/2018 6:30 PM by  tasheeka
1st Year Adjuster getting ready... need advice
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Skirk
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06/11/2018 3:46 PM

    Greetings All, 

    I have invested a lot of time and money into this career switch. I even bought a drone for roof claims. Now I am just wondering what I can expect to earn closing 40 CAT claims per pay period. I decided to get a truck with an rv so that I wont have an direct housing costs but need to plan my finances, namely how much cash on hand (on my card) I should tuck away before deployment. I don't want to get there and a week in have no money for gas and groceries.

    I wanted to make a mock budget excluding my start up costs so that I can figure out what I will spend money on and when I can start seeing that money get replenished. Many IA firms seem to pay out every 2 weeks as an industry standard - so if I am closing 21 claims per week what should I expect to see on average my first paycheck? Based on what I know the average claim pays $350-500. So will my first check for 42 claims really come out to $15K-21K? If so that is amazing and I love this already no matter how hard I have to work. Or are these numbers so inflated I will only see 10% of what my math equates too... would really like to get a sense of the fee schedule and how many claims are realistic to complete. 

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    Steved512
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    06/12/2018 3:51 PM
    Hi there,

    Sounds like you have a great headstart! Budgeting during CAT claims can be tough. A lot of times with hurricanes and flooding you will find that there is no gas available where you are deployed and that prices can go up pretty quickly. My truck gets 18 mi /gallon on highways so I usually plan on filling up every 2-3 days while on assignment. There are also some websites which can be very useful when you first receive your claims. Schedule It is an online service that will call your claims, schedule your inspections, map your claims out, and you can give them set questions to ask at first contact. I think it runs around $20 per claim but saves a huge amount of time and headache. Then there is advanced claims technology, a really cool website, that will sketch all of your roofs for you, just send over the address. Most residential houses run around $20-$30 per roof sketch. so right off the bat your probably looking at spending $50-60 per claim to get all the busy work done. This allows you to complete more claims per day so it kind of comes out in the wash. If you are talking residential property claims after a hurricane I typically average about $750-$2200 per claim for hurricanes so spending the $60 bucks up front is a no-brainer, close your claims the fastest and you'll get more. To avoid having to do revisions I recommend getting at least a level 2 Xactimate certification so that you can complete your sketches faster and memorize your codes. Like anything else organization and the willingness to double and triple check your work before submitting your claims will save you time and headaches later, and hopefully keep you out of court! I have yet to see a fee schedule after a hurricane that didn't start at $450 for a claim written at under $2500. Another reason you want to get good with Xactimate is because lots of adjusters leave money on the table. I look back at some of the old claims I wrote and could easily see how a $9000 claim could have been written to $12,000 which would have bumped me up another fee scale level. Work and learn, always learn and always ask your field managers questions. Hope that helps?
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    tasheeka
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    07/17/2018 6:26 PM
    Hi guys, thank you for welcoming me to the community. I received my 620 some months ago and seeking some advice as to how to navigate through this new life. I'm currently hold a Florida and Texas license. I also have a SF Auto cert some xactimate training(still working on it). I'm also a mitigation specialist along with 1 year or being a mold technician. I've joined the roster for companies such as: Worley,Eberl,Pilot etc. What should I do now to start adjusting claims or at least get in with a company that will help with training.
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    tasheeka
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    07/17/2018 6:30 PM
    Hi guys, thank you for welcoming me to the community. I received my 620 some months ago and seeking some advice as to how to navigate through this new life. I'm currently hold a Florida and Texas license. I also have a SF Auto cert some xactimate training(still working on it). I'm also a mitigation and mold specialist. I've joined  the roster for companies such as: Worley,Eberl,Pilot etc. What should I do now to start adjusting claims or at least get in with a company that will help with training.
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