What is Loss Adjuster in Retail? Explained

A Loss Adjuster is a professional hired by insurance companies to assess and manage claims made by policyholders in the event of a loss or damage, such as theft, fire, or natural disasters. The role of a loss adjuster involves investigating the circumstances of the loss, determining the extent of the damage, and evaluating the validity of the insurance claim. Loss adjusters play a crucial role in the claims process by helping insurers make informed decisions about coverage, settlements, and potential liabilities, ensuring a fair and accurate resolution for all parties involved.