Greetings All,
I have invested a lot of time and money into this career switch. I even bought a drone for roof claims. Now I am just wondering what I can expect to earn closing 40 CAT claims per pay period. I decided to get a truck with an rv so that I wont have an direct housing costs but need to plan my finances, namely how much cash on hand (on my card) I should tuck away before deployment. I don't want to get there and a week in have no money for gas and groceries.
I wanted to make a mock budget excluding my start up costs so that I can figure out what I will spend money on and when I can start seeing that money get replenished. Many IA firms seem to pay out every 2 weeks as an industry standard - so if I am closing 21 claims per week what should I expect to see on average my first paycheck? Based on what I know the average claim pays $350-500. So will my first check for 42 claims really come out to $15K-21K? If so that is amazing and I love this already no matter how hard I have to work. Or are these numbers so inflated I will only see 10% of what my math equates too... would really like to get a sense of the fee schedule and how many claims are realistic to complete.