The role of a loss assessor is essential in processing and handling any insurance claims. People who file insurance claims after a heavy loss they have gone through usually know nothing about the significance of loss assessor.
They sometimes get in contact with loss adjuster instead of a loss assessor. So, let us see the detailed comprehension below about what a loss assessor does and why their role is so important.
It is very important to know whom you are approaching while you have an insurance claim because you might have already lost many valuables due to the accident like robbery, fire or a natural disaster. To bring your life back to normal you should have some monetary backup and that is what your insurance would provide you. Often people make the mistake of mixing up the role of loss assessor and loss adjuster.
A loss Assessor or an insurance assessor works exclusively on behalf of the claimant. He makes sure that the property is valued while the losses are properly covered. He is more like an attorney who fights for your rights on your behalf so that you get the monetary value you deserve.
The basic duties of a loss assessor or an insurance assessor include:
Whereas the loss adjuster is hired by the insurance company to verify the claim and to know the exact status of the damage done. A loss adjuster is believed to work on behalf of both the parties. But as they are hired by the insurance company they would not negotiate or fight for the exact value on behalf of the claimant.
The basic duties of a loss adjuster are:
Loss adjusters would not negotiate for the exact loss of the claimant with the insurance company and would not find ways to do,so that the claimant gets what he deserves and so here is where the loss assessors come into the picture.
For more details, visit the website Claimmakers.co.uk
