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Being patient and kind can go a long ways towards making the process easier for you and the adjuster assigned to your claim as well, especially in the event of a large scale loss. Frequently asked ...
An independent adjuster is contracted by an insurance company to assess and investigate claims. Independent adjusters are expected to operate impartially to recommend a settlement. Independent ...
The Institute offers licensing and continuing education (CE) credits to insurance agents and brokers, independent claims adjusters and life agents. It also offers certificate programs such as the GIE Program, the Rehabilitation Benefits Administration Program, the LLQP, and the ICP.
This term is also now commonly used in commercial general liability (CGL) policies or so called "casualty" business. In these instances, the liability policies are written with a large (in excess of $50,000) self-insured retention (SIR) that operates somewhat like a deductible, but rather than being paid at the end of a claim (when a loss payment is made to a claimant), the money is paid up ...
If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. A mandatory out-of-pocket expense required by an insurance policy before an insurer will pay a claim is called a deductible (or if required by a health insurance policy, a ...
After you file a claim with your auto insurance company, an insurance adjuster will be responsible for documenting the details of the accident. After analyzing the facts provided, the adjuster ...