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Claims adjusting is the process of determining coverage, legal liability, and settling a claim. The claim function exists to fulfill the insurer's promises to its policyholders. Claim adjusting is integral to establishing an insurer's relationship to its policyholders.

The Basics of Property Claim AdjustingRead the Loss Notice.Read the Policy.Meet with the Insured and Witnesses.Obtain a Recorded Statement.The Examination under Oath (EUO)Obtain the Proof of Loss.Obtain Relevant Documents.Establish the Amount of the Loss and Claim.

Claims adjusting is the process of determining coverage, legal liability, and settling a claim. The claim function exists to fulfill the insurer's promises to its policyholders.

Countering a Low Insurance Settlement OfferState that the offer you received is unacceptable.Refute any statements in the adjustor's letter that are inaccurate and damaging to your claim.Re-state an acceptable figure.Explain why your counteroffer is appropriate, including the reasons behind your general damages demands.More items...?Aug 8, 2018

1 : the act or process of adjusting. 2 : a settlement of a claim or debt in a case in which the amount involved is uncertain or full payment is not made. 3 : the state of being adjusted.

Insurance companies in California have 85 days to settle a claim after it is filed. California insurance companies also have specific timeframes in which they must acknowledge the claim and then decide whether or not to accept it, before paying out the final settlement.

A claims adjuster investigates insurance claims to determine the extent of insuring a company's liability. Claims adjusters may handle property claims involving damage to structures, and/or liability claims involving personal injuries or third-person property damage.