Claims Adjuster
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A professional who investigates and settles insurance claims.
Definition
A claims adjuster investigates insurance claims to determine the extent of the insurance company's liability. They inspect property damage, review police reports, interview witnesses, and negotiate settlements. Adjusters may work for insurance companies, independent firms, or as public adjusters representing policyholders.
Example
The claims adjuster inspected the storm damage and approved the repair costs within a week.
More General Terms Terms
The amount you pay for your insurance policy.
The amount you pay out-of-pocket before insurance kicks in.
The contract between you and your insurance company.
A request for payment under your insurance policy.
The protection provided by your insurance policy.
The maximum amount an insurer will pay for a covered loss.
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