What is the difference between a Loss Assessor and a Loss Adjuster ?

What is the difference between a loss assessor and a loss adjuster ?

They sound the same don't they ? Or at least quite similar and they are both in the same business but at opposing ends of the table.

This article will explain the  difference for you.

A loss adjuster works for your insurance company on their behalf to keep the cost of your claim to a minimum and to try and get you to use the insurance companies representatives for any repair work. The loss adjuster is an independent claim technician who will investigate your claim for the insurance company in case there are any contentious issues arising from the claim. His expenses are paid for by the insurance company.

The loss adjusters job entails working out the cause of your loss and as to whether the insurance company will cover your claim . The loss adjusters report will go back to the insurance company for review so that matters can proceed or so that they can deny liability.

If there are no contentious issues the loss adjuster will recommend the level of payment for your claim. The loss adjusters role includes

• To survey the site of the loss and consider the damage involved
• To take pictures to create a visual record of the claim
• To secure the site and prevent further loss or damage
• To appoint a repair team
• To give advice on the best action to be taken for full repair by way of a written report
• To make full investigation of any dubious claims
• To connect with any other insurance company involved and discuss the apportionment of liability for your claim

What is the Loss Assessors role ?

The loss assessor works on behalf of the claimant when a substantial loss or claim is involved .

The loss assessors fees are paid for by the policy holder from the proceeds of the claim.

The loss assessors role includes taking care of everything to do with the claim such as

• Arranging and meeting the insurance companies representative
• Organising any paperwork for the claim
• Arranging for professionals to give quotes on any work involved
• Securing the best possible settlement figure for the claimant
• Helping the claimant secure a payout where the insurance company have either declined a claim or where there have been delays in resolving a claim

If you have read this article and feel that you need the help of an insurance loss assessor then call us now on  01254 371017

Or simply fill in the form opposite for a swift reply