Insurance Adjuster

Exam

State exam

Education

Not reported

Experience

None

Background check

None

<p>Insurance Adjusters study insurance claims to see whether clients' policies cover them for particular losses and determine the amount of loss suffered. Talk with claimants to try to settle claims and may approve payments to them. Use reports, physical evidence, and witnesses' reports to investigate claims. Some workers travel to gather information about claims, while others work mostly at their desks. Many insurance adjusters specialize in a certain type of claim, such as auto, home, property damage or loss, or workers' compensation.</p> <p><strong>Legislation:</strong>&nbsp;NH RSA 402-B; Administrative Rules Chapter Ins 1300</p> <p><strong>Licensure Requirements:</strong></p> <ul><li>Must be of good moral character</li> <li>Must state age, sex, domicile, line or lines of insurance for which the applicant desires a license, and a place of business of the applicant</li></ul> <p><strong>Examination:</strong>&nbsp;Written examination required. Examinations are administered for the Insurance Department by Prometric. A separate examination fee is payable to Prometric. Exams may not be scheduled until the registration process is complete. Registration is electronic and links are available on the Department's web site.</p> <p><strong>Continuing Education:</strong>&nbsp;20 hours of continuing education are required for renewal</p> <p><strong>Fees:</strong></p> <ul><li>Resident license fee: $75</li> <li>Biennial renewal: $75</li> <li>Property and Casualty exam fee: $100</li> <li>Workers' Compensation exam fee: $79</li></ul> <ul>Licenses expire on the second October 1st after issuance</ul> <p><strong>Reciprocity:</strong>&nbsp;Non-residents permitted as long as applicant has been engaged in business for at least six months or is licensed in their home state</p> <p>revised Feb 2016</p>