Insurance

What is an Adjuster?

Adjuster

[uh-juhs-ter]

noun

1.

A Claims Adjuster is an individual assigned by an insurance company to determine the amount of compensation that is to be paid in order to settle the claim. Adjusters handle property claims, like damage to structures and vehicles, as well as liability claims that involve personal injury.

Have A Question About This Topic?

Thank you! Oops!
 

Related Content

What is a Liability?

What is a Liability?

Do you know what a Liability is?

Should You Sell Your Life Insurance Policy?

Should You Sell Your Life Insurance Policy?

Here’s what you need to know if you’re considering selling your life insurance policy.

Retiree Health Care Coverage Overseas

Retiree Health Care Coverage Overseas

Retirees traveling abroad need to know that their health insurance travels with them.