The Secret Strategy to Survive as an Independent Adjuster
Hey IA,
Welcome back to the IA Newsletter.
Today I want to share some “One-Two Punch” strategies for independent adjusters.
(if you want to listen to the extended audio version of this newsletter you can check out our Independent Adjuster Podcast below)
The One-Two Punch Strategy: Your Blueprint for Success
For many stepping into the realm of independent adjusting, the big question looms: How can I ensure a sustainable career without banking on a rare “home run”?
It’s a valid concern, given the tales of adjusters who’ve hit the jackpot with $300,000 earnings in a mere three months. Tempting, isn’t it?
But what happens if the grand slam never comes?
Here’s where the “One-Two Punch” strategy comes into play, offering a practical approach to carving out a successful, sustainable career in independent adjusting.
Let’s dive in.
1. Building from the Ground Up
No career journey begins at the summit.
Whether you dream of Hollywood fame or corporate success, everyone starts from the bottom.
Independent adjusting is no different. It demands earning your stripes, building trust, and mastering your craft. This foundational phase is where you learn the ropes, explore opportunities, and lay down the groundwork for your future successes.
2. Embracing a Varied Approach
The heart of the One-Two Punch strategy lies in diversification. Rarely does one stick to a single task and thrive. The key? Embrace versatility.
Here are the combinations that have proven successful for many in the field:
Daily Auto and Heavy Equipment Claims: Starting with auto claims paves your way into heavy equipment claims, with significantly higher payouts.
This combo not only increases your earning potential but also enhances your skill set and marketability.
Daily Auto and Catastrophic (CAT) Hail Claims: Hail season can be a goldmine.
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By balancing daily auto claims with CAT deployments, you not only ensure a steady income but also open doors to lucrative opportunities during peak seasons.
Transitioning into Property Claims: For those with an eye on the long game, starting with auto claims and gradually moving into property claims can be a strategic move.
Auto gives you consistent work while property offers a broader scope of work and, potentially, higher earnings.
Chad Burnett, an IA Path graduate, accomplished this with flying colors. See his story below.
3. Building a Multi-Faceted Career
The essence of sustainability in independent adjusting lies in not putting all your eggs in one basket.
Diversify your portfolio by working with multiple companies across different claim types.
This not only insulates you from market fluctuations but also broadens your horizons, ensuring a richer, more resilient career path.
Conclusion: Your Path to a Thriving Career
Understand that there are paths to sustainability.
It’s about strategic planning, continuous learning, and embracing the opportunities the industry offers.
Remember, your journey as an independent adjuster doesn't always have to be about chasing the elusive home run; it can be about about building a career that’s robust, rewarding, and resilient.
Share your experiences, ask questions, and let’s keep the conversation going.
Until next time, keep walking your path and claiming your life.
Your Guide,
Chris Stanley
P.S. Curious about taking your adjusting career to the next level?
Reach out, and let’s explore how the One-Two Punch strategy can work for you with ou online certifications get the 2-5 year experience requirement waived with over 40 IA Firms.
Post a comment here, or give us a call at 844-4-IAPath (844-442-7284)
Helping Experts Build Revenue Machines With Mini Books and Live the Life They Deserve | 17x Amazon Best-Seller| Independent Adjuster Mentor
8moChad Burnett is a great example of how auto claims can bust down the door to the industry and then diversifying is a key to long term success.