What is the difference between an insurance adjuster and an insurance investigator?

Insurance adjusters and investigators have a few distinct differences. An insurance adjuster works for the insurance company, or the insurer. Their job is to review insurance claims and decide how much money should be paid out. They use their legal knowledge of insurance policies and the law to determine how much compensation a policyholder should receive. Insurance adjusters also review the evidence presented by the policyholder to ensure that it is valid and matches the information stated in the policy. An insurance investigator is an independent investigator who is hired by the insurance company or policyholders. Their primary role is to investigate potential fraudulent activities and claims, such as insurance fraud. Insurance investigators look into suspicious activity and check facts to help the insurer determine whether any wrongdoing has occurred and whether the insurance company should not make a payout for a claim. They also write reports to their employer about their findings. In summary, insurance adjusters are hired by the insurer and are responsible for determining how much compensation should be paid out to a policyholder, while an insurance investigator works independently to investigate potential fraud and help the insurer make decisions about whether or not to pay out claims.

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What is the difference between an insurance adjuster and an insurance investigator?

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