Home > Salary > Ecuador > Insurance Appraiser
An insurance appraiser is responsible for assessing the value of damaged property or items and determining the amount of compensation that should be provided by an insurance company. They evaluate claims made by policyholders and investigate the extent of the damage caused by accidents, natural disasters, or other covered events. Insurance appraisers inspect the property, gather information, take photographs, and interview witnesses to determine the cause and value of the loss. They analyze policy coverage, review records, and consult with experts if necessary to make accurate assessments. After conducting a thorough investigation, insurance appraisers prepare detailed reports outlining their findings and recommendations for claim settlements. They may also negotiate with policyholders or their representatives to reach a fair agreement. This occupation requires strong analytical skills, attention to detail, knowledge of insurance policies, and excellent communication and negotiation abilities.
Estimated Yearly Salary: 223,352,270 ECS
Estimated Monthly Salary: 18,612,689 ECS
Estimated Weekly Salary: 4,295,236 ECS per week
Estimated Hourly Salary: 107,381 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,985,068 ECS
Estimated Weekly Salary: 4,150,400 ECS per week
Estimated Hourly Salary: 103,760 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 7,907 USD
Estimated Monthly Salary: 659 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 223,352,270 ECS
Estimated Monthly Salary: 18,612,689 ECS
Estimated Weekly Salary: 4,295,236 ECS per week
Estimated Hourly Salary: 107,381 ECS per hour
By working as Insurance Appraiser a person can save up to 407 USD per month or 4,878 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Insurance Appraiser
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Appraiser salary in Ecuador
Average Yearly Salary of Insurance Appraiser in Ecuador is approximately 223,352,270 ECS (7,907 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Appraiser do?
An insurance appraiser is responsible for assessing the value of damaged property or items and determining the amount of compensation that should be provided by an insurance company. They evaluate claims made by policyholders and investigate the extent of the damage caused by accidents, natural disasters, or other covered events. Insurance appraisers inspect the property, gather information, take photographs, and interview witnesses to determine the cause and value of the loss. They analyze policy coverage, review records, and consult with experts if necessary to make accurate assessments. After conducting a thorough investigation, insurance appraisers prepare detailed reports outlining their findings and recommendations for claim settlements. They may also negotiate with policyholders or their representatives to reach a fair agreement. This occupation requires strong analytical skills, attention to detail, knowledge of insurance policies, and excellent communication and negotiation abilities.Skills: Insurance appraiser, Claims assessment, Property evaluation, Compensation determination, Risk analysis, Negotiation skills
Job industry: Insurance
Job industry: Insurance
How much does Insurance Appraiser make?
Salary details
How much does Insurance Appraiser make?Estimated Yearly Salary: 223,352,270 ECS
Estimated Monthly Salary: 18,612,689 ECS
Estimated Weekly Salary: 4,295,236 ECS per week
Estimated Hourly Salary: 107,381 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 215,820,814 ECSEstimated Monthly Salary: 17,985,068 ECS
Estimated Weekly Salary: 4,150,400 ECS per week
Estimated Hourly Salary: 103,760 ECS per hour
Last revision of data: 2024-01-09Insurance Appraiser estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,907 USD
Estimated Monthly Salary: 659 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Appraiser job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Appraiser in Ecuador earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Appraiser job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Appraiser in Ecuador earns on average:
1.36 times the average salary (or 136% of average salary).
Is Insurance Appraiser a well paid job?
Yes, our data shows that Insurance Appraiser is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Appraiser?
High salary for Insurance Appraiser would be somewhere between 245,687,497 ECS and 323,860,792 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Appraiser in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 223,352,270 ECS
Estimated Monthly Salary: 18,612,689 ECS
Estimated Weekly Salary: 4,295,236 ECS per week
Estimated Hourly Salary: 107,381 ECS per hour
By working as Insurance Appraiser a person can save up to 407 USD per month or 4,878 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Appraiser
Colombia is 8,149 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Compliance auditor (213,354,041 ECS per year, pre-tax.)
Convenience store manager (122,733,884 ECS per year, pre-tax.)
Structural engineer roads and bridges (190,883,466 ECS per year, pre-tax.)
Pain psychologist (292,373,083 ECS per year, pre-tax.)
Paid media analyst (215,820,814 ECS per year, pre-tax.)
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