Insurance 101 – Chapter 7 – Volume 26 – Adjusting the Commercial Loss – 2

Adjusting the Commercial Loss – 2

For example, if it is a fire loss, the adjuster must decide if a fire cause investigator is needed. If it is a theft loss the adjuster must determine if the assistance of a forensic accountant is needed. The adjuster must determine whether the loss is too complex, or if there is a possibility of fraud, that would require the adjuster to retain an attorney to provide advice and counsel before the adjustment could be completed.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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