Damage Estimator salary in Iceland

Average Yearly Salary of Damage Estimator in Iceland is approximately 10,268,398 ISK (71,742 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 Damage Estimator do?

A damage estimator is responsible for assessing the extent and cost of damages to property, vehicles, or other assets. They work closely with insurance companies, repair shops, and individuals to evaluate the damage and provide accurate estimates for repair or replacement. This occupation requires strong analytical skills, attention to detail, and knowledge of construction, mechanics, or relevant industry standards. Damage estimators often visit the site of the damage to inspect and document the extent of the harm. They use their expertise to determine the necessary repairs, source replacement parts, and calculate the overall cost of the damage. Effective communication skills are essential as they must explain their findings and estimates to clients and negotiate with insurance adjusters or repair vendors. The role of a damage estimator is crucial in ensuring fair compensation and efficient restoration of damaged property.

Skills: Damage Estimator, Insurance Claims, Property Damage Assessment, Repair Estimation, Construction Industry, Automotive Industry
Job industry: Insurance

How much does Damage Estimator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Damage Estimator a well paid job?

Yes, our data show that Damage Estimator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Damage Estimator?

High salary for Damage Estimator would be somewhere between 11,295,238 ISK and 14,889,177 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Damage Estimator in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 10,268,398 ISK
Estimated Monthly Salary: 855,700 ISK
Estimated Weekly Salary: 197,469 ISK per week
Estimated Hourly Salary: 4,937 ISK per hour
By working as Damage Estimator a person can save up to 3,250 USD per month or 38,996 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Damage Estimator

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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