What are Adjusters?
Adjusters are individuals hired by insurance companies, banks, or other financial institutions to assess damage and to determine the proper reimbursement to be made to the claimant. Typically, adjusters act as a go-between in order to come up with fair settlement for both the person filing the claim and the company against whom the claim is filed. Adjusters are trained to give estimates in many situations, though appraisers are sometimes called upon to provide more thorough estimates. Natural disasters can cause incredible damage to homes and businesses, which adjusters must total up in order to determine the exact monetary value a bank, government agency, or insurance agency should pay the client. Car accidents also require the expertise of adjusters to determine the amount of damage. In addition, adjusters are called upon to investigate whether or not an injury is legitimate when a worker collects workman’s compensation. No matter the situation, adjusters investigate the claim and ne
Related Questions
- What is needed from an attorney or claim adjuster to release the amount medicaid paid for medical treatment to a beneficiary who was involved in a vehicular accident?
- Are adjusters who are not licensed by the California Department of Insurance required to complete the adjuster training? If yes, what are the requirements?
- What are Adjusters?