What does claims adjustor mean?
Definitions for claims adjustor
claims adjus·tor
This dictionary definitions page includes all the possible meanings, example usage and translations of the word claims adjustor.
Princeton's WordNet
adjuster, adjustor, claims adjuster, claims adjustor, claim agentnoun
one who investigates insurance claims or claims for damages and recommends an effective settlement
ChatGPT
claims adjustor
A claims adjustor is a professional who investigates insurance claims by interviewing the claimant and witnesses, consulting police and hospital records, and inspecting property damage to determine the extent of the insurance company's liability. They assess the validity of a claim and may negotiate settlements or recommend litigation if the claim is disputed. Claims adjustors are typically employed by insurance companies or independent firms.
Wikidata
Claims adjustor
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.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of claims adjustor in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of claims adjustor in Pythagorean Numerology is: 3
Translations for claims adjustor
From our Multilingual Translation Dictionary
- உரிமைகோரல் சரிசெய்தல்Tamil
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"claims adjustor." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/claims+adjustor>.
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