Adjuster

AAA

DEFINITION of 'Adjuster'

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 EXPLAINS 'Adjuster'

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 TERMS
  1. Ambulance Chaser

    In insurance, a derogatory term for lawyers and other service ...
  2. Liability Insurance

    Any type of insurance policy that protects an individual or business ...
  3. Insurance Claim

    A formal request to an insurance company asking for a payment ...
  4. Insurance Underwriter

    A financial professional that evaluates the risks of insuring ...
  5. Insurance

    A contract (policy) in which an individual or entity receives ...
  6. Casualty Insurance

    A broad category of coverage against loss of property, damage ...
Related Articles
  1. The Beginner's Guide To Homeowners' ...
    Home & Auto

    The Beginner's Guide To Homeowners' ...

  2. Exploring Advanced Insurance Contract ...
    Home & Auto

    Exploring Advanced Insurance Contract ...

  3. Selecting And Managing Insurance Payouts
    Insurance

    Selecting And Managing Insurance Payouts

  4. Beginner's Guide To Auto Insurance
    Options & Futures

    Beginner's Guide To Auto Insurance

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center