Top 5 Myths About Insurance Loss Adjusters Busted
Insurance loss adjusters play a pivotal role in the aftermath of an insurance claim. However, misconceptions about their responsibilities and practices often lead to confusion among policyholders. In this comprehensive guide, we debunk the top five myths surrounding insurance loss adjusters to provide clarity and insight into their essential role. Myth 1: Insurance Loss Adjusters Work Exclusively for Insurance Companies One of the most common misconceptions is that insurance loss adjusters are solely aligned with insurance companies, representing their interests above all else. In reality, while adjusters are hired by insurance companies, their primary duty is to assess claims objectively and fairly. They act as intermediaries between policyholders and insurers, ensuring that all parties adhere to the terms of the insurance policy. Myth 2: Insurance Loss Adjusters Always Minimise Payouts There's a prevailing belief that adjusters are motivated to minimise payouts to save costs fo...