What is an Insurance Adjuster?
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Top Answer
The role of an Insurance Adjuster is to determine the amount of loss coverage that the company is accountable for. They investigate, analyze, and calculate the amount of damage claimed, establishing an accurate settlement payment that would satisfy the client’s needs and protect the company from unnecessary or excessive loss.
Insurance Adjusters usually work as part of the staff of an insurance company or as independent Adjusters. Companies often hire Insurance Adjusters when they have a reason to suspect that their client, or the claim they filed, is involved in insurance fraud. Should an Insurance Adjuster determine through analysis and examination that a claim is part of a fraud, the case will usually be settled by a court of law.
These professionals primarily work with property or vehicle damage claims, although health-related claims are not uncommon. When dealing with these claims, Insurance Adjusters visit and investigate the accident scene to determine its cause, interview witnesses and experts to collect further information, and evaluate the policy contract to verify the extent of the coverage granted.
Personality of an Insurance Adjuster
Insurance Adjusters usually work as part of the staff of an insurance company or as independent Adjusters. Companies often hire Insurance Adjusters when they have a reason to suspect that their client, or the claim they filed, is involved in insurance fraud. Should an Insurance Adjuster determine through analysis and examination that a claim is part of a fraud, the case will usually be settled by a court of law.
These professionals primarily work with property or vehicle damage claims, although health-related claims are not uncommon. When dealing with these claims, Insurance Adjusters visit and investigate the accident scene to determine its cause, interview witnesses and experts to collect further information, and evaluate the policy contract to verify the extent of the coverage granted.
Personality of an Insurance Adjuster
- They are reliable
- They are great communicators
- They are empathetic
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