Building Income with Insurance Jobs

These ideas can help you build income in the insurance business! All these extra income building activities require very little or no investment. They earn real income fast with minimum financial risk.

Insurance Agent/Insurance Broker
If you are great at sales and building connections, and want to earn a great living with long term residual income, then the insurance sales business is for you! Insurance agents and brokers build income by pairing people and companies that need insurance coverage with the right insurance company and product. You can sell life insurance, long term care insurance, annuities, car and truck insurance, property insurance, theft and casualty insurance, business insurance, flood insurance, rental insurance, airplane insurance, and many more products with only a small amount of training needed. Average salary $50,000 to $300,000 per year.

Claims Adjuster
If you are good at numbers and estimating, and you are familiar with vehicles, businesses, houses, buildings, construction, jewelry, or any other insurable item, then becoming a claims adjuster is a great path! Claims adjusters visit customer sites where an insurable event (wreck, fire, theft, damage, surgical error, etc.) has occurred and estimate damage claims, ensure the correct documents are produced, and check the validity of the customer's claim. The best things about building income as a claims adjuster are: insurable events never stop occurring so there is unlimited work, the work is not correlated to the economy, may actually increase in recessions due to increased fraud and theft, and offers an unlimited number of specialties that make your job increasingly valuable. You can work for an insurance company directly or as an independent with the proper certification. $45,000 to $125,000 per year.

Medical Billing Specialist
If you have an eye for detail, are comfortable with numbers and simple billing software, and quick to learn, then pursuing an insurance billing specialty is a good way to build extra income. Insurance billing specialists gather documents on insurable claims, input the claims into a billing system using the right codes, and ensure claims are submitted accurately and quickly to insurance companies for payment. Most billing work is available in healthcare insurance. However, auto, property, casualty, life, and all other insurance products require billing specialists. There is unlimited work, it is highly recession-proof, and offers an unlimited opportunity for multiple specialties and increased income. It can be done from home or onsite at a company. $50,000+ per year.

Field Inspector
Are you looking for a job where you can work from home, travel locally, and build income easily? Take a look at becoming an independent field inspector. You receive assignments from insurance companies and other clients such as attorneys and banks, drive to the specified location, take a few pictures of a vehicle, building, or area, and fill out a short report online. Successful field inspectors complete 15 or more assignments a day, and the work is steady! Pay per assignment from $15 to $75 each.