What is the role of an insurance adjuster?

The role of an insurance adjuster is primarily to administer claims for an insurance company. This involves investigating claims made by policyholders, assessing damages, determining the validity of the claims, and deciding the amount the insurance company is liable to pay under the terms of the insurance policy. An adjuster evaluates various factors, such as the nature of the claim, the extent of the damages, and any applicable policy limits.

In this context, selling insurance policies or providing legal advice are not responsibilities of an insurance adjuster. Selling policies pertains to the role of an insurance agent or broker, who is specifically trained to market insurance products and attract customers. Verifying an applicant's financial background is part of the underwriting process rather than the claims process, which is where adjusters operate. Therefore, the core duty of an insurance adjuster centers around the claims administration, making the chosen answer the most appropriate.