Claim Adjustment Report

A Claim Adjustment Report is a document prepared by an insurance adjuster that summarizes the findings and recommendations for a particular claim. The report typically includes a description of the loss or damage, an assessment of the cause and extent of the loss, an evaluation of the policyholder’s coverage and liability, and a calculation of the recommended settlement amount. Claim adjustment reports are an important part of the claims process, as they provide a basis for the insurer’s decision-making and communication with the policyholder.