Insurance Car Appraisal Certification
In pennsylvania motor vehicle appraisers must earn a license to work in the state.
Insurance car appraisal certification. Sections 1 170a 17 b and 170 f 11 e as added by the jobs act and amended by section 1219 of the pension protection act of 2006 public law 109 280 120 stat. The american society of certified auto appraisers is a professional organization for individuals involved in the work of evaluating the value of a vehicle for insurance company settlements following an accident theft or damage. Maintains certification by attending the certification class at least once every three years for re certification. In addition to offering job postings and educational services for members the ascaa.
Upon scoring high enough on this exam students are eligible for entry level employment as an automotive or insurance appraiser. Since auto insurance appraisers must inspect damaged vehicles and assess. The work of an appraiser is crucial when companies evaluate claims investigate accidents and negotiate payouts to claimants. Earn a degree or certificate.
These examinations are held by the iaua in a controlled environment. Insurance umpire insurance appraisal services hire an appraiser certified. Contractors policyholders and attorneys will benefit from our association members who are certified and ethical. 780 ppa for written examination testing.
Attended and completed the certification class and passed the certification exam for appraiser umpire or both. The pennsylvania insurance department oversees auto appraisers in accordance with regulations in the state s code. Earn a bachelor s degree or certification. Insurance comes in many forms including auto home life health and possession and helps to protect the insured from any future financial losses.
The insurance industry employs insurance appraisers who determine the replacement value of homes cars and possessions. Insurance appraisers who focus on auto damage earn a median salary of 62 520 per year according to the u s. Bureau of labor statistics in may 2018.