The Roles of a Loss Assessor

A loss assessor is the one appointed by a policy holder if they need to submit a complex or substantial claim. All of the fees are then paid by a policy holder. If you’re a policy holder and you have to make an insurance claim, a professional loss assessor would help you in managing your claim in general, right from beginning to end.

He or she can help in each step of the way, from preparing the paperwork all the way to more practical factors of the entire process. A loss assessor always strives to make sure that you gain the most equity and best settlement. One could be called on to assist with all manner of the loss-associated insurance claims.

Maybe, your property or your business was damaged by calamities like flood, storm, fire or subsidence. Or, burglars entered your home and robbed irreplaceable items. Whatever the case, a highly qualified and certified loss assessor would work for your convenience to make sure that you gain the settlement you’re entitled to.

What Makes a Loss Assessor Different from a Loss Adjuster?

Generally speaking, a loss adjuster works on the insurance company’s behalf. On the other hand, a loss assessor solely works and gets involved in the process for your advantage. A loss adjuster is the claims specialist who may be called upon through an insurance company for investigating a contentious or complex claim.

A loss assessor is responsible and accountable for establishing the reason of the loss and determining if it’s included in the coverage of your current insurance policy. Thus, they’ll visit the location of the issue so as to obtain evidence and assess the extent of damage. When they’re done, they’ll present a report to the insurance company, recommending appropriate payment which is based on their perceived claim’s validity.

Since they’re in the pay of the insurance companies, the loss adjusters may actively work to ensure you get the lowest settlement possible. They’re ostensibly employed to look for evidence which can disprove your claims. In that case, it’s very important to make sure that you have hired an experienced loss assessor to fight for your privilege.

The Roles of a Certified Loss Assessor

A chartered loss assessor would manage each aspect of the entire claim process. He or she will meet the representatives of the insurance company or their hired loss adjuster to negotiate the greatest claim payment for you.  A loss assessor would also be contacted to assist in some cases where the insurance firm has rejected a claim or if the settlement has been delayed.

A loss assessor is also responsible for preparing your claim and will start to talk to the representatives of the insurance company or loss adjuster to help you get the best possible settlement of the claim. He or she is overall responsible for ensuring that your fight for your justice will not go unrewarded.