Definition: Insurance adjusters are professionals who work with insurance companies to assess damage or loss caused by an event such as a fire, storm, earthquake, flood, or other natural disaster. Their job involves identifying the cause of the damage and determining the amount of compensation that should be awarded to the insured (the person or organization whose property was damaged). Some common duties of insurance adjusters include: - Assessing the extent of the damage - Determining the cost of repairs - Negotiating with the insurance company for a fair settlement - Reporting findings to the appropriate parties involved in the claim In addition, insurance adjusters may also be required to assist with legal documentation and provide recommendations for repair or replacement materials. The specific duties of an insurance adjuster can vary depending on the type of policy being insured (such as homeowner's, car, or health-insurance), but they generally handle claims involving significant financial loss.
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