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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
Posts:3

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

Wes

Member
Posts:72

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.

navigator

Guest
Posts:3

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

Ray Hall

Senior Member
Posts:2443

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.

navigator

Guest
Posts:3

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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