What is insurance claims adjuster

A claims adjuster investigates insurance claims to determine the extent of insuring a company's liability. Claims adjusters may handle property claims ...Understanding a Claims Adjuster · How to Become a Claims...

What is the role of adjuster?

Adjusters inspect property damage or personal injury claims to determine how much the insurance company should pay for the loss. They might inspect a home, a business, or an automobile. Adjusters interview the claimant and witnesses, inspect the property, and do additional research, such as look at police reports.

What type of claims adjuster makes the most money?

Which Claims Adjusters Make the Most Money? Independent adjusters who work on catastrophic claims have the potential to earn over $100,000 in a year.

Why is it called a claims adjuster?

It stemmed from the days when property adjusters were called loss adjusters and casualty or liability adjusters were called claim adjusters. But it was far more significant than that—loss is a process that begins with hazards and leads to a peril and continues to cause damage until remedied.

What is the meaning of adjuster in insurance?

: a person who works for an insurance company and whose job is to decide how much money the company will pay people when they are injured or when their property is damaged, lost, or stolen.