Topical Terminology  

       

Topical Terminology > Adjuster



3 Definitions

Adjuster

For Adjuster we have terms and definitions in 3 topics. The topics are Auto Insurance, Automotive and Insurance.



Adjuster (Auto Insurance)

You'll see this term a lot in auto insurance policies or if you ever have to file an auto insurance claim. That's because most auto insurance coverage reimburses you only for the actual cash value of your car. Your car's actual cash value is calculated by determining its original value, minus the amount your car has depreciated since you bought it.


Adjuster (Automotive)

The person working with the insurance agency who determines the amount of damage, loss, and liability.


Adjuster (Insurance)

An individual employed by a property/casualty insurer to evaluate losses and settle policyholder claims. These adjusters differ from public adjusters, who negotiate with insurers on behalf of policyholders, and receive a portion of a claims settlement. Independent adjusters are independent contractors who adjust claims for different insurance companies.




Similar

Browse words that start with:




Browse All Terms by First Letter

Term Search



Powered by Odin Assemble 2.5a