Working With An Insurance Adjuster

15 November 2017
 Categories: Insurance, Blog


If you have been involved in an accident, then you will probably want to seek financial compensation for damages that occurred as a result of the accident. Filing a claim is the first step in this restitution process, so it's important that you know how to deal with the steps that will occur after your claim is filed. Your claim will likely be assigned to an adjuster who will attempt to settle your case quickly and efficiently.

Here are three things that you need to know about working with insurance adjusters so that you can resolve any insurance claims you file in the future:

1. The adjuster is an authorized representative of the insurance company.

Many insurance companies assign third-party adjusters to the claims that are filed by policyholders. This means that you may be working with a public adjuster that is not directly affiliated with your insurance company but has received authority to negotiate the settlement of a claim on their behalf.

Knowing that the adjuster is authorized to represent your insurance company will help you rest assured knowing that the adjuster has the authority needed to help you get the financial compensation you deserve.

2. Insurance adjusters have intimate knowledge of your policy.

Once you file a claim with your insurance company, the details of your policy are made available to the adjuster assigned to work your claim. This means that the adjuster you will be negotiating with will have intimate knowledge of your policy.

These details can be used to determine how your claim should be handled to ensure that you receive the financial compensation you deserve within the limitations set forth by your current insurance policy.

3. Insurance adjusters can streamline the settlement process.

When an insurance company hands a claim over to an insurance adjuster, they usually give the adjuster an acceptable settlement sum. The adjuster has the freedom to negotiate settlements up to this amount, and must only seek additional approval if the settlement you are seeking exceeds their authorized limit.

This means that your claims process will be streamlined because the adjuster will have the freedom to act on behalf of an insurance company to settle your claim without having to consult the insurance company on each proposed settlement.

Understanding how insurance adjusters work will help you better prepare for the claims process when seeking financial compensation from an insurance company in the future. Contact a company like Trust Public Adjusting Group for more information and assistance.