Is becoming an insurance appraiser right for me?
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How to become an Insurance Appraiser
A high school diploma or equivalent is typically the minimum requirement to work as an appraiser. However, employers sometimes prefer to hire applicants who have a Bachelor’s Degree in Insurance or some insurance-related work experience or vocational training.
A business or an accounting background might be best for someone to specialize in claims of financial loss due to strikes, equipment breakdowns, or merchandise damage. College training in architecture or engineering is helpful for adjusting industrial claims, such as those involving damage from fires or other accidents. A legal background is beneficial for someone handling workers' compensation and product liability cases. A medical background is useful for examiners working on medical and life insurance claims.
Automobile damage appraisers typically have a two-year postsecondary diploma in automotive mechanics or experience working in an auto repair shop identifying and estimating the cost of automotive repair. Although auto damage appraisers are not required to have a college education, most companies prefer to hire people who have formal training, experience, or knowledge and technical skills to identify and estimate the cost of automotive repair.
At the beginning of their careers, insurance appraisers work on small claims under the supervision of an experienced worker. As they learn more about claims investigation and settlement, they are assigned larger, more complex claims. Auto damage appraisers typically get on-the-job training, which may last several months. This training usually involves working under the supervision of a more experienced appraiser until the employer decides the trainee is ready to do estimates on their own.