adjustor

An adjustor, also known as a claims adjuster or insurance adjuster, is a professional who investigates insurance claims. Their primary role is to determine the extent of an insurer's liability for a claimed loss. This involves assessing the damage, gathering information, and negotiating a settlement with the claimant.

Adjustors work for insurance companies or are independent contractors hired by insurers. They can specialize in various types of claims, such as property damage, auto accidents, workers' compensation, or liability. The investigation process typically includes inspecting the damaged property, interviewing witnesses, reviewing police reports, and examining relevant documents.

Based on their findings, adjustors estimate the cost of repairs or replacement and decide whether the claim is valid and how much the insurance company should pay. They must adhere to insurance policies, legal regulations, and ethical guidelines throughout the claims handling process. Adjustors play a crucial role in the insurance industry by ensuring fair and efficient resolution of claims.