Damage Evaluation: Loss adjusters visit the site of the incident (e.g., fire, flood, accident, theft) to assess the extent of the damage or loss.
Theft and Fraud Investigation
Fraud Detection: Loss adjusters look for signs of fraud or exaggeration in claims, such as inconsistent information or unusual patterns. They investigate the circumstances surrounding suspicious claims to ensure they are legitimate.
Claim Negotiation and Settlement
Settlement Negotiation: Loss adjusters may act as intermediaries between the insurer and the policyholder, helping to negotiate a fair and reasonable settlement. This ensures that both parties are satisfied with the outcome.