• Frequency of Use
    20 %
  • Retention Rate
    60 %
  • Complexity
    50 %
  • Adjustor Meanings

    noun a person who assesses or makes adjustments to something, such as an insurance adjustor who evaluates and settles claims

    Fields related to adjustor

    Real Estate

    In real estate, an adjustor may be involved in appraising property values or determining adjustments to a property's value based on various factors.

    Finance

    Adjustors in finance may be responsible for making adjustments to financial statements or calculations based on new information or changes in circumstances.

    Legal

    In a legal context, an adjustor may be involved in negotiating settlements or determining adjustments to legal agreements or contracts.

    Automotive

    In the automotive industry, an adjustor may assess vehicle damage and determine the cost of repairs or adjustments needed after an accident.

    Insurance

    An adjustor in the insurance field is responsible for assessing and determining the value of a claim, often after an accident or other covered event.

    Occupation Usage of adjustor

    Insurance Adjustor

    An insurance adjustor is responsible for investigating insurance claims to determine the extent of the insurance company's liability. They may inspect property damage, interview witnesses, and review policy information to make a fair settlement offer.

    Claims Adjustor

    A claims adjustor is similar to an insurance adjustor but focuses specifically on processing and settling insurance claims. They work with policyholders, gather information about the claim, and negotiate settlements to ensure that claims are resolved fairly and accurately.

    Damage Adjustor

    A damage adjustor assesses and evaluates the extent of damage to property or vehicles in order to determine the appropriate amount of compensation that should be paid out. They may work for insurance companies, auto repair shops, or other organizations that deal with property damage claims.

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