Person who because of special knowledge is vested with authority in determining the real value of property or damage.
To set and state in writing the true value of property.
A valuation or an estimation of the value of property usually done by an expert in that field who has no personal interest in the property.
A clause in an insurance policy that gives the insurer the right to demand an appraisal on the damaged property. It gives both the insurer and insured a means of settling disputes over the value of lost or damaged property.
A request for insurance. This may be done verbally, in writing, or by using a printed form.
The person or firm requesting insurance.
An individual authorized by an insurance company to create, modify, and terminate contracts of insurance or to arrange to do so or to advise on contracts of insurance.
The process of reviewing and settling losses with or by an insurance company.
An adjuster reviews and settles claims on behalf of the insurance company. The adjuster could be an employee of the insurance company or an independent contractor hired by the company.