Full-Time

Total Loss Adjuster

Posted on 4/16/2025

Hagerty

Hagerty

11-50 employees

Specialized insurance for classic cars

No salary listed

Mid, Senior

Georgia, USA

Candidates must reside in Illinois, Colorado, California, Washington, New York, or Jersey City, New Jersey, British Columbia, Canada.

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Prior experience in a similar role required
  • Effective and efficient use of computer applications including MS Office products
  • Excellent organizational skills and written and verbal communication skills
  • Must be detailed oriented
  • Must be able to maintain a high level of accuracy
  • Ability to work with highly confidential information
  • Must be licensed and bondable
  • Ability to work independently
Responsibilities
  • Makes timely and appropriate contacts with necessary parties
  • Determines and completes appropriate level of investigation which includes but is not limited to reviewing policy contracts and communicating with underwriting
  • Sets timely total loss reserves
  • Notifies underwriting of total loss vehicles
  • Obtains salvage values of total loss vehicles
  • Prepares total loss damage evaluation, total loss letter, determination, and actual cash value of vehicle when appropriate
  • Prepare and secure all needed paperwork
  • Consistently provides excellent customer service
  • Determines settlement value and negotiates proper settlement of claims within authority
  • Provides recommendations for settlement and disposition of claims exceeding authority level
  • Pursues subrogation when appropriate
  • Provides backup assistance to team members when necessary
  • Effectively manages workload and tasks to keep claims current and documented appropriately
  • Identifies claims in which state required letters must be sent and sends those letters in a timely manner with accurate and thorough information
Desired Qualifications
  • Experience in multiple jurisdictions is desired
  • Exercise decisiveness and execution within their authority
  • Familiarity of public company requirements, including Sarbanes Oxley and key regulations, if applicable.

Hagerty specializes in services for classic and collector car enthusiasts, offering tailored insurance policies that consider the unique value and usage of vintage vehicles. Their insurance is designed specifically for classic car owners, providing better coverage and competitive rates compared to standard auto insurance. In addition to insurance, Hagerty has a membership program that includes benefits like roadside assistance, access to exclusive events, and discounts on automotive products. The company also fosters a strong community through content creation, such as articles and virtual car shows, which helps engage car lovers and build loyalty. By focusing on the classic car market, Hagerty differentiates itself from competitors in the broader automotive industry, aiming to serve a dedicated clientele who view their vehicles as investments and pieces of history.

Company Size

11-50

Company Stage

IPO

Headquarters

Traverse City, Michigan

Founded

1983

Simplify Jobs

Simplify's Take

What believers are saying

  • Collaboration with The Hanover enhances Hagerty's specialized insurance offerings for classic cars.
  • Securing a $375 million credit facility strengthens Hagerty's financial position for future growth.
  • Increased interest in electric classic cars creates a new niche for Hagerty's services.

What critics are saying

  • Digital-first insurers offering lower premiums could erode Hagerty's market share.
  • Rising popularity of electric vehicles may reduce interest in classic cars.
  • Economic downturns can decrease discretionary spending on classic cars and related insurance.

What makes Hagerty unique

  • Hagerty specializes in insurance for classic and collector cars, unlike standard insurers.
  • The company offers a membership program with perks like roadside assistance and exclusive events.
  • Hagerty engages its community through content creation, including articles, videos, and virtual shows.

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Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Paid Sick Leave

Paid Holidays

Company News

PR Newswire
Apr 9th, 2025
The Hanover and Hagerty Collaborate to Provide Collector Car Protection

WORCESTER, Mass., April 9, 2025 /PRNewswire/ - The Hanover Insurance Group, Inc. (NYSE: THG), a leading national insurance provider for individuals, families and businesses, today announced a collaboration with Hagerty (HGTY) to provide specialized insurance for classic cars.

HHS Blueprint
Mar 28th, 2025
Band plays concert with U.S. Navy

The U.S. Navy teamed up with Hagerty on Thursday, March 27.

PR Newswire
Mar 12th, 2025
The Amelia Winners: 1938 Alfa Romeo 8C 2900 And 1967 Lotus 49 Earn Best Of Show Accolades As Enthusiasts Celebrate Speed And Elegance

The Amelia's 30th Annual Celebration Saw a Weekend of Fine Dining, Driving Experiences, Live Auctions, and the Amelia Concours D'Elegance—Showcasing Hundreds of Exquisite Vehicles from Around the WorldAMELIA ISLAND, Fla., March 12, 2025 /PRNewswire/ -- Among a distinguished field of more than 240 historically significant automobiles, spanning 35 classes, a 1938 Alfa Romeo 8C 2900 claimed the prestigious title of Best of Show, Concours d'Elegance, while a 1967 Lotus 49 was honored as Best of Show, Concours de Sport at the 30th Amelia Concours d'Elegance. Event press releases, concours results, photos and the event program can be found here.Best of Show – Concours d'Elegance: The 1938 Alfa Romeo 8C 2900 Chassis No. 412028 is believed to be one of the prototypes for the 1938 Mille Miglia. When it was restored, it was found that the car was an original short chassis model, and the engine had different characteristics than that of the Sport 8C 2.9, including a larger and different exhaust system. The car was ordered new in 1938 by the famous Italian racing champion Giuseppe Farina. It is the only 8C 2900 bodied by Farina."My husband and I won an award here together in 2020

TipRanks
Mar 10th, 2025
Hagerty Inc Secures $375 Million Credit Facility

Hagerty Inc secures $375 million credit facility.

DirtFish
Feb 25th, 2025
DirtFish Women in Motorsport Summit - Our perfect partners

Title sponsor Pennzoil, Forza and Hagerty are aligned perfectly with DirtFish for this year's WIM Summit