Property Loss Adjustment

Property loss adjustment is the process used by insurance companies to assess and settle claims for damage or loss of property. When a policyholder reports a loss, an adjuster investigates the claim, reviews the policy details, evaluates the damage, and determines the amount the insurer should pay. This assessment ensures that the compensation reflects the actual loss while adhering to the terms of the insurance policy. The goal is to provide a fair and timely resolution, helping the policyholder recover from the loss.