Business & Finance

How much does a insurance appraiser make?

The median insurance appraiser in the United States earns $76,650 per year, about $36.85 an hour. That is the midpoint of the profession: half of all insurance appraisers earn more, and half earn less.

Median annual salary
$76,650
Median hourly wage
$36.85 /hr
Employed in the U.S.
7,790

Source: BLS OEWS, May 2024. SOC code 13-1032.

Insurance appraiser salary range

Pay for insurance appraisers spans a wide band. The lowest paid 10 percent earn under $56,690 a year, while the highest paid 10 percent take home more than $101,800. The average (mean) wage of $77,050 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.

Percentile Annual Hourly
10th percentile $56,690 $27.26 Lowest paid
25th percentile $64,280 $30.90
Median (50th) $76,650 $36.85 Midpoint
75th percentile $86,430 $41.55
90th percentile $101,800 $48.94 Highest paid

Figures are national wage estimates for insurance appraisers, auto damage (SOC 13-1032), U.S. Bureau of Labor Statistics, OEWS, May 2024.

Insurance appraiser salary by state

Where you work changes the paycheck. Insurance appraisers earn the most in Ohio at $100,920 a year, and the least in Illinois at $59,990. The table below lists every state with published data, ranked by median annual salary.

State Median annual Employed
Ohio $100,920 120
Washington $97,550 120
South Carolina $91,960 380
Maryland $88,700 180
New Jersey $87,240 300
Pennsylvania $83,480 220
Virginia $82,570 N/A
Oregon $80,250 N/A
Nevada $79,270 60
Rhode Island $79,270 30
New York $79,050 380
California $78,870 510
Maine $78,730 70
Kentucky $78,640 60
Iowa $78,120 50
Georgia $77,950 320
Connecticut $77,740 N/A
Oklahoma $77,620 100
Indiana $75,720 60
Missouri $74,180 110
Tennessee $73,390 N/A
Michigan $73,370 140
Massachusetts $73,100 340
Arizona $72,830 100
Wisconsin $71,780 N/A
Colorado $69,560 590
Louisiana $69,170 N/A
North Carolina $67,490 540
Utah $66,080 80
Vermont $66,050 N/A
Florida $65,900 460
Texas $64,730 710
Mississippi $61,440 N/A
Illinois $59,990 N/A

State median wages for insurance appraisers, auto damage (SOC 13-1032), U.S. Bureau of Labor Statistics, OEWS state files, May 2024. States where the BLS does not publish a median are not shown.

Job outlook for insurance appraisers

The BLS projects employment of insurance appraisers to shrink from 2025 to 2035 (down 8.7%). That is a decline, against 3.5% average growth for all occupations. That works out to roughly 13,500 jobs in 2025 moving toward 12,400 by 2035.

Across the decade, the BLS expects about 700 openings a year for insurance appraisers. Most come from the need to replace workers who move to other jobs or leave the workforce, on top of any new positions from growth.

Source: U.S. Bureau of Labor Statistics, Employment Projections program, 2025-35 (Table 1.2, Occupational projections and worker characteristics).

How to become an insurance appraiser

The typical entry-level education for insurance appraisers is a postsecondary nondegree award, such as a certificate, according to the BLS. New hires typically complete moderate-term on-the-job training to reach full competency.

A four-year college degree is usually not required to start, which makes this one of the jobs you can enter without a bachelor's degree. See more high paying jobs without a degree .

Education, training, and experience data: U.S. Bureau of Labor Statistics, Employment Projections program.

What affects how much an insurance appraiser earns

Firm size, industry, certifications, and years of experience drive the spread. Large firms and major financial centers pay well above small-town or entry-level roles.

Location is one of the clearest factors. The gap between the top paying state (Ohio, $100,920) and the lowest (Illinois, $59,990) shows how much geography alone can move the number, before experience or specialization.

About 7,790 people work as insurance appraisers in the United States. At $76,650 a year, the job pays above the $49,500 median for all U.S. jobs.

Insurance appraiser salary FAQ

How much does an insurance appraiser make an hour?

The median hourly wage for an insurance appraiser is $36.85. The middle half of insurance appraisers earn between $30.90 and $41.55 per hour.

What is the highest insurance appraiser salary?

The highest paid 10 percent of insurance appraisers earn more than $101,800 per year. Top earners usually have the most experience and work in the best paying regions and industries.

How much does an insurance appraiser make a year?

The median annual salary for an insurance appraiser is $76,650. The average (mean) wage of $77,050 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.

Is being an insurance appraiser a well paid job?

At $76,650 a year, an insurance appraiser earns above the $49,500 median for all U.S. jobs. About 7,790 people work as insurance appraisers in the United States.

Which state pays insurance appraisers the most?

Ohio has the highest median salary for insurance appraisers at $100,920 a year. Washington ($97,550) and South Carolina ($91,960) follow. State medians come from the BLS OEWS state files, May 2024.

Is being an insurance appraiser a good career?

Employment of insurance appraisers is projected to shrink 8.7% from 2025 to 2035, a decline, against 3.5% average growth for all occupations. The BLS projects about 700 openings each year, from growth and from workers leaving the occupation.

Do you need a degree to become an insurance appraiser?

No. The BLS lists the typical entry-level education for insurance appraisers as a postsecondary nondegree award, such as a certificate, so a four-year degree is usually not required to start.

Related salaries

See more in Business & Finance salaries or browse the highest paying jobs in the U.S.

Sources. National and state wage and employment figures: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024 and the OEWS state files. Growth, openings, education, and training: U.S. Bureau of Labor Statistics, Employment Projections program (2025–2035). Every figure on this page is published by the BLS and is shown without adjustment. View the originals at bls.gov/oes and bls.gov/emp. Last updated 2025-04-02.