Definition: Adjuster insurance is a type of policy that provides coverage to property owners if their home or business structure experiences a fire, flood, earthquake, storm, or other catastrophic event that renders it unsafe for use as intended. The insurance covers the cost of replacing or repairing damage caused by these events, and the insured may also be reimbursed for any additional expenses resulting from the disaster. The definition of adjuster insurance is that it provides financial protection to property owners who face unforeseen costs or damages due to natural disasters or other catastrophic events. The policy typically includes coverage for property loss and personal injury caused by fires, floods, earthquakes, storms, and similar events, as well as any expenses related to rebuilding or repairing damage to the premises. In summary, adjuster insurance provides financial protection to property owners who are affected by natural disasters or catastrophic events that render their homes or businesses unsafe.
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