(ə-jŭs'tĭd) pronunciation
adj.
  1. Arranged or changed so as to match, conform, or function, especially in a specified way: an improperly adjusted scale.
  2. Having achieved psychological balance, especially regarding others or the demands of everyday life: a poorly adjusted teenager.

adjusted

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Individual employed by a property and casualty insurance company to settle on its behalf claims brought by insureds. The adjuster evaluates the merits of each claim and makes recommendations to the insurance company.
See also independent adjuster.

Previous:Adjusted Gross Income (AGI), Adjusted Basis or Adjusted Tax Basis, Adjustable-Rate Mortgage (ARM)
Next:Adjusting Entry, Adjustments (In Appraisal), Administer
This entry contains information applicable to United States law only.

A person appointed or employed to settle or arrange matters that are in dispute; one who determines the amount to be paid on a claim.

An insurance adjuster determines the extent of the insurance company's liability when a claim is submitted. A public adjuster is a self-employed person who is hired by litigants to determine or settle the amount of a claim or debt.

An insurance claims agent. A claims adjuster is charged with evaluating an insurance claim to determine the insurance company's liability under the terms of an owner's policy.

Investopedia Says:
There are different types of adjusters. They may represent the insurance company, they may be hired by the claimant (public adjusters) or they may be independent. The two types of claims most frequently investigated are property claims and liability claims.

Related Links:
Having the right kind of insurance is a critical component of any good financial plan. Introduction To Insurance
Find out which settlement option is right for you before you recieve your funds. Selecting And Managing Insurance Payouts
Understanding your contract can help you protect our family's financial security. Exploring Advanced Insurance Contract Fundamentals
Find the perfect policy that suits both your coverage and budgetary needs. Beginner's Guide To Auto Insurance
Discover everything new homeowners need to know before they sign on the dotted line. The Beginner's Guide To Homeowners Insurance


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adjusted

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pronunciation

IN BRIEF: adj. - Altered to accommodate to certain requirements or bring into a proper relation; Having achieved a comfortable relation with your environment.

pronunciation The well adjusted make poor prophets. — Eric Hoffer

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