In this episode of AdjusterTV Radio, Matt and James talk Personal Finance as an Independent Adjuster.
– Disclaimer
– Questions from YouTube
– Bad cat adjuster jokes
– Steps to becoming a cat property adjuster
– What license should you get first? And what licenses should you get next?
– How state adjuster license reciprocity works
– How emergency state licenses work
– Hurricane forecasts
-What is the path to becoming a cat property adjuster that reduces dead ends
– Setting proper expectations for transitioning into claims
– How Inspectors on Demand works
– Getting started in auto
– RUD
– How to make money while you’re waiting for a cat deployment
– How to quit your day job after you’ve decided to become an IA
– What if a deployment is canceled and you just quit your day job
– How to be realistic about changing careers into independent adjusting
– How much should you have saved before you transition to independent adjusting
– The importance of being on the same page with your spouse or significant other during a career change
– Getting on rosters and which adjuster schools and certifications should you get
– What is the first call list and how do you get on it
– How IA firm carrier certifications and other trainings are actually informal job interviews
– State Farm certification
– Listen more than you talk
– Why you MUST network
– Protect your cat earnings
– Post deployment recovery and relaxation strategies
– Hire a CPA
– 1099 vs W2
– Tax advice that you should ignore
– Matt got audited by the IRS.. twice
– James looks at cars with tape all over them
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