Definitions for claims adjustor
This page provides all possible meanings and translations of the word claims adjustor
adjuster, adjustor, claims adjuster, claims adjustor, claim agent(noun)
one who investigates insurance claims or claims for damages and recommends an effective settlement
Claims adjusters investigate insurance claims by interviewing the claimant and witnesses, consulting police and hospital records, and inspecting property damage to determine the extent of the company's liability. In the United Kingdom, Ireland, Australia, South Africa, the Caribbean and New Zealand the term Loss adjuster is used. Claims adjusters have the knowledge to complete the preparation of a property damage claim which, to an unrepresented homeowner, may be unfamiliar territory. The documents contain technical terms such as depreciation, replacement costs, and actual cash value, that may be unknown to the policyholder, and a trained claims adjuster can ensure a correct completion.
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"claims adjustor." Definitions.net. STANDS4 LLC, 2014. Web. 20 Aug. 2014. <http://www.definitions.net/definition/claims adjustor>.