Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a cat adjuster?

Adjuster cat
0
Posted

What is a cat adjuster?

0

A catastrophic claims or cat adjuster is an insurance adjuster specially assigned to work claims in the aftermath of a catastrophic event. Cat adjusters commonly work hurricane, flooding, and hail claims as well as fire, tornado, and earthquake. Hail storms provide the most consistent and regular source of cat claims in the U.S.. Hurricane and earthquake, due to their potential to occur on an immense scale, are capable of causing hundreds of thousands to even millions of claims in a single event and will the employ the most cat adjusters at any one time. Cat adjusters or “storm troopers” help communities pick up the pieces by assisting insurance companies in settling claims as quickly and efficiently as possible. Frequently independent adjusters, catastrophic claims adjusters are compensated very handsomely for their work with capable adjusters making well over $1,000 daily.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.