claims adjustor

Friendly

Word: Claims Adjustor

Definition: A claims adjustor is a person who works for an insurance company. Their job is to investigate claims made by people who want money from their insurance after something bad happens, like a car accident or a house fire. They find out how much money the insurance should pay.

Usage Instructions:

• Part of Speech: Noun
• Common Context: You will often hear this term in conversations about insurance, accidents, and damages.

Example Sentence:

• "After the car accident, the claims adjustor came to evaluate the damage and help determine how much the insurance would pay for repairs."

Advanced Usage:

• In more complex situations, a claims adjustor may need to negotiate with both the insured person and other parties involved, such as other insurance companies or repair services, to reach a fair settlement.

Word Variants:

• Claims Adjusting: The process of assessing and settling claims.
• Claims Adjustment: The act of adjusting a claim for settlement purposes.

Different Meanings:

While "claims adjustor" has a specific meaning in the insurance industry, in general English, "claim" can also mean to state something as a fact, or to demand or request something.

Synonyms:

• Claims examiner
• Insurance adjustor
• Claims representative

Idioms and Phrasal Verbs:

• "To settle a claim": This means to reach an agreement on how much money will be paid after a claim is made.
• "To file a claim": This means to officially request money from an insurance company after an incident.

Summary:

A claims adjustor plays a crucial role in the insurance process, helping to ensure that claims are fairly evaluated and settled according to policy agreements.

Academic

Noun

1. one who investigates insurance claims or claims for damages and recommends an effective settlement

Synonyms

• adjuster
• adjustor
• claims adjuster
• claim agent