Claims Representative


Definition of "Claims representative"

Same as term Adjuster: individual employed by a property and casualty insurance company to settle on its behalf claims brought by insureds. The adjuster evaluates the merits of each claim and makes recommendations to the insurance company.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Annexation

(1) Municipality: Legal process by which a municipality expands its territory to include part of an ...

Merit Rating

System of charges to an insured that fluctuates according to the loss experience of that insured. Th ...

Commissioners Values

Specific values of securities computed annually by the national association of insurance commissione ...

Fixed-rate Mortgage

A mortgage loan that is at a set specified interest rate for the lifetime or maturity of the mortgag ...

Restoration Of Plan

Authority of the pension benefit guaranty corporation (pbgc) to stop the termination of a pension pl ...

Stair Landing

The landing at the bottom and/or top of a stair case providing support for the structure. ...

Related Real Estate FAQ

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate be ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is Hazard Insurance? 3 tips to ensure your sale goes through Rent or Buy - the pros and cons Is it better to buy or sell a home first How Does The Home Loan Underwriting Process Work?

FAQ

What is the APR for This ARM Loan? What is a VA loan? What is a treasury index? What is accession? What does Travel Insurance Typically Cover?