Describes property insurance losses and property insurance policies. Discusses loss and fraud investigations. Explains how to estimate construction losses.

His common sense approach to sharing techniques on how to make you a great adjuster and providing easy to apply techniques is not seen in most books. After reading this book you will find yourself with many techniques on how to be efficient at what you do, producing great claim files while amazing your customers. His promise to just give key facts will allow anyone to use this book as a reference for years to come. What a refreshing presentation that is geared to truly helping adjusters be great, without having to sift through needless information. Danny lays out a tried and true formula for becoming a great, well rounded adjuster with a fantastic approach to adjusting claims. And Danny does it all in an excellent way that will stay with you long after you finish his book. I highly recommend that all adjusters, from the newest adjuster just entering the property insurance industry to the most experienced adjusters at the tail end of their career, take the time to read and study this outstanding book.

Congratulations on your decision to gain the skills that will enable you to become a top insurance claims adjuster. The position of an insurance adjuster requires attention to detail, critical thinking skills, exceptional judgment, decision-making capability, and an understanding of your responsibility to both the homeowner and the insurance company. As a property claims adjuster, you will apply the knowledge, tools, and skills necessary to ensure that property claims settlements are processed speedily and that settlement is fair to all parties. You will assist people in navigating the many responsibilities relating to a personal property claim while providing the support necessary to assist the insured in recovering from a difficult period in their lives. The professionalism you will bring to the field helps to ensure that the insurer is protected from false, expanded, and fraudulent claims. Positions within the field of insurance claims are stable, challenging, and present an exceptional opportunity for personal and career growth. Individuals and business owners purchase insurance to help protect them against losses that may occur due to events beyond their control. When a loss occurs, the policyholder will seek monetary assistance from the insurance company that has issued a policy that protects their home or business. When a loss occurs, the insurance claims adjuster's primary duties are to investigate and evaluate each element of the claim, negotiate claim payment settlements and ensure that the claim process is closed in a manner that is fair and just for all parties. This course provides the fundamental knowledge, tools, and skills that you need to start on the path to adjusting career success.

What Is an Adjuster?An "adjuster" or "insurance adjuster" is, by statutory definition, a person, co-partnership or corporation who undertakes to ascertain and report the actual loss to the subject-matter of insurance due to the hazard insured against. Insurance companies create, by issuing an insurance policy, a contractual obligation to pay valid claims from those insured. To do so insurers understand that the person insured is not able to prove the cause and extent of loss without assistance. Therefore, insurers dispatch a person with special knowledge - the adjuster - to separate fact from fiction, to establish cause and origin of the claimed loss, and determine sufficient information to enable the insurance company to determine the amounts necessary to indemnify the insured as the policy promised. The adjuster is also present to distinguish the valid claim from a claim for which the insurance company is not liable under its policy, whether due to the terms and conditions of the policy or because of attempted fraud. Some policies, like those issued under the National Flood Insurance Program Act (NFPA) specifically state that the claimant must use his own judgment in estimating the amount of loss and that the assistance of an insurance adjuster is a "courtesy only." The insured must still send a proof of loss within 60 days after the loss even if the adjuster does not furnish the form or help the insured complete it. Most insurance policies issued by commercial - non government supported - insurers accept substantial compliance with the policy conditions and require their adjusters to assist the insureds to fulfill the conditions.The insurance adjuster is seldom, if ever, mentioned in a policy of insurance. The strict wording of the first party property policy sets the obligation to investigate and prove a claim on the insured. In order to fulfill the covenant of good faith and fair dealing insurers created the insurance adjuster to fulfill its obligation to deal fairly and in good faith with the insured. The adjuster was created to assist the insured to comply with the material conditions of the policy, to thoroughly investigate the policy and the claim, and to protect the interest of the insurer and protect against claims that were not due to a peril insured against or were false and fraudulent.