loss assessor definition

loss assessor

Independent entity hired and paid by the insured (policy holder) to negotiate an insurance claim with the insurer (insurance company). The loss assessor receives a fee that is usually a percentage of the claim amount received by the insured. See also loss adjustor.

loss assessor is in the General, Marine, & Life Insurance subject.

loss assessor appears in the definitions of the following terms: assessor and loss adjustor

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