![]() The goal with documenting costs is to create an accurate image of the pre-loss condition of the home.Įvery home is different. Instead, the adjuster needs to document the damage, verify costs, and compensate you based on the specific damages and losses. The insurance company won’t immediately approve the rebuilding of your home. How to Document CostsĪfter a loss, the insurance adjuster may ask you to document costs. It requires technical skills, in-depth knowledge, and careful analysis. In most cases, however, assessing damage is more complicated. If someone broke into your house and stole your $4,000 TV, for example, then your insurance company can compensate you based on that loss. “Insurance adjusters work for the insurance company and are responsible for preparing an estimate of the cost of repair or replacement of the insured’s property loss.” Here’s how United Policyholders explains the role of the insurance company’s adjuster: These adjusters respond to claims, assess damages, and assist with handling payouts to policyholders. Your company employs salaried workers or independent contract workers called adjusters. ![]() How do insurance companies estimate roof damage, fire damage, and burst pipe water damage? How should you deal with your insurance company during the estimation process? Keep reading to discover everything you need to know about how insurance adjusters estimate home damage. ![]()
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