Insurance terminology that is used in property claims is confusing. Homeowners are left wondering what all the different terms and phrases mean.
This guide will help make sense of all the confusion and help define what everything means so you can have a clear understanding of your insurance claim and the claim process.
Let’s jump right into it.
1. ADJUSTER:
The adjuster is the person who is assigned to check the property and assess a valuation for the repairs to the damage your property has sustained.
The adjuster is not:
- Your insurance agent
- The person you should call to determine if you have damage on your property