How to Become an Insurance Adjustment Agent

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Becoming an insurance adjustment agent will require you to consider your educational career very carefully. Become an insurance adjustment agent with help from an experienced insurance professional in this free video clip.

Part of the Video Series: Insurance Questions
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Video Transcript

Hi, my name is Susan Combs, and today we're going to talk about how to become an insurance adjustment agent. If you are looking at becoming an insurance adjustment agent, there's a few things that you are going to have to be concerned about. There is going to be a lot of educational factors that come into play. So just like if you are an insurance broker or an insurance agent, there's a lot of classes and testing that you have to go through, same thing for the insurance agent. They actually take pretty much the same exams as the insurance brokers and agents do as well. So they typically have to go through, depending upon the state, 40 hours of classroom time and then at the end of that 40 hours, then they have to take a test for that class and if they pass the test, then that means that they get to sit for the state exam and when you sit for the state exam, after you pass that test then you are a licensed insurance adjuster. So in terms of an adjuster some people are a little bit confused how does that differ from an agent, with what an adjuster does is they basically when a claim comes in, somebody is always assigned as an adjuster. They can be a public adjuster, they can be a private adjuster. A private adjuster is somebody that is employed by the insurance carrier. So when a claim arises that person is basically dispatched to take an inventory of what the claim is, what the loss was to go out and take a look and assess the damage and then determine how much the insurance carrier is going to pay out on behalf of the policy. A private adjuster is somebody that you hire from the outside to kind of be your advocate because as you can imagine, insurance companies don't want to pay out what they don't want to pay out so if they have a private, you know, one of their people being the adjuster on the account, they can try to pay out less than you might be eligible for. So hiring a private adjuster they will actually find your advocate and help you get back the most money possible.


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