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A loss adjuster handles all the financials when it comes to a businesses settlements and other claims. They will also deal with the number of items that get stolen from stores.

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11y ago

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Who is One that investigates and settle loss?

An adjuster.


What is a 620 adjuster license?

A 6-20 adjuster license is a license for an all lines insurance adjuster. Someone with this license could either be an independent adjuster or work for a company. An all lines adjuster determines the amount of a loss and/or settles claims.


Do you have to respond to the other party's adjuster or you only need to talk to your own insurance adjuster?

I would only give the statement of facts of loss and then tell the other adjuster to refer any other questions to your adjuster.


What actors and actresses appeared in The Loss Adjuster - 1989?

The cast of The Loss Adjuster - 1989 includes: Richard Cordery Natalie Forbes Arthur Hewlett Nicholas Pritchard Matthew Scurfield Roger Sloman


What is an adjuster?

An insurance claims adjuster is a person who decides how much money their company is going to give you for your loss.AnswerAn insurance claims adjuster is a person who coordinates damage reports, loss and damage repair estimates to assist the insurance company in determining the monetary value or repair cost of your loss.


Why do you need a homeowners insurance adjuster to file a claim?

You don't. The homeowner files the claim. The adjuster then reviews the claim to determine if it is in fact a covered loss under the terms of your policy.


What do loss adjusters do?

A loss adjuster usually works for an insurance company. Their job is to investigate the claims made and determine how much the company will pay out in compensation.


Can you sell you car if it been in a accident and the claim have not been settles?

If the claim has not been completed you need to ask the insurance adjuster before selling the vehicle. The adjuster may not have completed their investigation or the vehicle may be a total loss or whatever the case is that they may not be finished.


Is it legal for a homeowners insurance adjuster to ask income after a break in?

Yes, It is legal. It's a standard normal question in the course of investigation or adjustment of theft claims.AnswerAn insurance adjuster or agent should NOT need income information. Contact your State's Insurance Commission. AnswerWhile the foregoing is true for the run of the mill claim, there may be circumstances where the inquiry is proper. For example, if the insurer has good reason to believe, after investigation, that the insured may have been complicit in the loss, it may be reasonable for the adjuster to inquire about income. Since the adjuster (unless it is a public adjuster who works on behalf of the insured) works for the insurer, the insurer may need to know whether the insured is/was in need of money and staged the loss to get insurance payment.


How do you say Adjuster in Spanish?

An adjuster is a regulador. If you are referring to an insurance adjuster, it is a liquidador de seguros.


What are some of the reasons investigations are conducted?

Some examples are: suspicious circumstances surrounding a loss, excessive medical bills, loss damage not consistent with how the loss description was reported, and multiple stories being told an adjuster from the same person on how something happened.


How can one find out more information on a career as a loss adjuster?

One can find information on loss adjusters by visiting the Wikipedia website. Loss adjusters are also referred to as claim adjusters. This job involves investigating insurance claims by interviewing witnesses.

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