Business, Legal & Accounting Glossary

Definition: Adjuster


Quick Summary of Adjuster

An individual whose job it is to assess losses and settle policyholder claims.

What is the dictionary definition of Adjuster?

Dictionary Definition

One who adjusts, especially for the insurance industry’s employment title “loss adjuster” (or “claims adjuster” in the United States).

n. an employee (usually a non-lawyer) of an insurance company or an adjustment firm employed by an insurance company to negotiate an early settlement of a claim for damages against a person, a business or public body (like a city). While a fair and responsible adjuster can serve a real purpose in getting information and evaluating the case for the insurance company, some adjusters try to make a settlement before the injured person has retained an attorney (“don’t worry, we’ll pay your bills. You don’t need an attorney. He’ll only confuse things.”), get a statement from the injured without counsel, or delay the payout with the promise he/she will negotiate any reasonable demand, and then making an offer of payment that is absurdly low. Some insurance companies try to make the attorney deal with the adjuster, which is cheaper than sending the case to defence attorneys. Adjusters also represent the company in approving settlements.

Full Definition of Adjuster

A person appointed or employed to settle or arrange matters that are in dispute; one who determines the amount to be paid on a claim.

An insurance adjuster determines the extent of the insurance company’s liability when a claim is submitted. A public adjuster is a self-employed person who is hired by litigants to determine or settle the amount of a claim or debt.

Examples of Adjuster in a sentence

If you are going to file a claim for property damage after a major storm, you need to wait to make repairs until after the adjuster has inspected the property.
In some insurance companies, the adjuster has the ability to make decisions about whether or not to increase the payment on a claim.

Synonyms For Adjuster

loss adjuster, claims adjuster

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Adjuster. Payroll & Accounting Heaven Ltd.
August 08, 2022
Chicago Manual of Style (CMS):
Adjuster. Payroll & Accounting Heaven Ltd. (accessed: August 08, 2022).
American Psychological Association (APA):
Adjuster. Retrieved August 08, 2022
, from website:

Definition Sources

Definitions for Adjuster are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th October, 2021 | 0 Views.