Insurance Adjuster Definition

An Insurance Adjuster is a professional responsible for evaluating insurance claims to determine the extent of the insurance company’s liability. They investigate the details of a claim, assess damages or losses, and decide on the appropriate settlement amount. Adjusters can work directly for insurance companies, as independent contractors, or for public adjusting firms that represent policyholders.

The role of an insurance adjuster involves several key tasks. They review the insurance policy to understand coverage details and limitations, inspect the damaged property or gather information about the incident, and interview the policyholder and any witnesses. They may also consult with experts, such as medical professionals or repair specialists, to accurately assess the extent of the loss.

After gathering all necessary information, the adjuster prepares a detailed report and recommends settlement. This recommendation must align with the policy terms and ensure a fair resolution for both the insurer and the policyholder. Adjusters play a crucial role in the claims process, helping to ensure that claims are handled efficiently, fairly, and in accordance with the policy terms.