What is a car insurance claim adjuster?
It’s good to know what a car insurance claim adjuster does because you’ll probably have to deal with one at one time or another in your life. Claim adjusters work for your insurance provider to assess the damage done to your vehicle after it’s been damaged and you make a claim in order to find a fair estimate on the repairs you’ll need. Some insurance companies hire independent adjusters for an unbiased report.
When you file a claim with your car insurance company they will contact an adjuster. The adjuster will then contact you to find out when and where an assessment of the damages can be made. After an adjuster examines the damage they contact different garages to find out how much it will cost to fix. Afterwards you’ll receive a report from your auto insurance company with the adjuster’s evaluation. It will be “written off” if expense of repair surpasses your vehicle’s value, which means that you’ll be paid the blue book value of your car. Some companies allow you to insert a clause– with additional fees– that obligates your insurers to reimburse you for what you initially paid for the car if it’s written off within two years. Your insurance policy dictates exactly how much you’ll receive for repairs.
The Adjustment Process
Claims adjusters use a specific process to decide the amount that the insurance company will pay– you’ll generally get two quotes: one for repairs at a top-of-the-line garage, the other if you choose to accept a cash settlement and have the repairs done yourself (which is common because people often know someone who can do the repairs at a discounted price). At this time you’ll decide whether you’d like the arranged repairs or a settlement, and then the car insurance company will put out a check. If you choose the settlement, the check will be made out to you alone; but, if you choose to pay on the vehicle, the check will be made out to both you and the lender. Although the adjuster assesses the damages, you’ll have to contact the insurance company if you have a dispute. The claims adjuster has a tough enough job as it is without you adding your two cents, and you now know what to expect when the situation arises.
Additional Resources:
Related Posts
 |