What is an insurance adjuster?

An insurance adjuster is a professional who investigates and evaluates claims for individuals or companies who have suffered a loss due to an accident or other cause. In South Carolina, insurance adjusters are typically hired by insurance companies to help process the insurance claims of their clients. They investigate and analyze the facts and circumstances surrounding a claim, and calculate a reasonable settlement amount. They also negotiate with claimants and insurers to reach a satisfactory settlement. Adjusters are responsible for gathering information from the claimant, witnesses, and authorities and appraising the estimated value of the damages caused. They also review police reports, photographs, and medical records to determine the final settlement amount. In some cases, adjusters may also need to provide testimony during a court hearing or arbitration. Adjusters must stay up-to-date on relevant state and federal laws in order to properly assess a claim. They are also required to periodically attend continuing education classes to keep their knowledge current. Adjusters must also be able to complete a number of tasks such as researching legal precedents, negotiating settlements, and filing documents in a timely and accurate manner. In South Carolina, the state requires adjusters to be licensed in order to practice. There are a number of requirements and fees, which are set out by the Department of Insurance. Adjusters must also maintain a bond to protect the consumer from any potential wrongdoing. This helps to ensure that adjusters are acting in the best interests of their clients.

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