Insurance

What is an Adjuster?

Adjuster

[uh-juhs-ter]

noun

1.

A Claims Adjuster is an individual assigned by an insurance company to determine the amount of compensation that is to be paid in order to settle the claim. Adjusters handle property claims, like damage to structures and vehicles, as well as liability claims that involve personal injury.

Have A Question About This Topic?

Related Content

Variable Universal Life Insurance

Variable Universal Life Insurance

Variable Universal Life is permanent insurance in which the policyholder directs how premiums are invested.

What to Look for in Personal Finance Apps

What to Look for in Personal Finance Apps

An increasing number have been developed to help individuals with their personal finances.

The Five Basics of Financial Literacy

The Five Basics of Financial Literacy

How literate are you when it comes to your finances? Brush up with these five basics.