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Related Definitions
Public adjustor Public adjustor claims adjustor who represents the insured rather than the insurance company and is paid a fee based on the amount of the claim settlement. A public adjustor may be employed in those cases where the insured and insurer cannot resolve a dispute over a
Independent adjustor Independent adjustor claims adjustor who offers his or her services to insurance companies and is compensated by a fee.
Claims adjustor Claims adjustor is a person who settles claims: an agent, company adjustor, independent adjustor, or public adjustor.
Company adjustor Company adjustor claims adjustor who is a salaried employee representing only one company.
Definition