I was wondering if a personal injury claims adjuster has to go to his or her superior for a larger dollar amout? What is the process for a claim that will potential settle for around the 100,000.00 mark?
Answer by mbrcatz
Pretty much any claim over $ 5,000, has to be reviewed with a supervisor. Any claims over $ 20,000, usually need a department supervisor to sign off on - this is a FRAUD control measure that the insurance companies implement.
But NO carrier is going to settle a case for more than the POLICY LIMIT.
What do you think? Answer below!
Orignal From: Does a personal injury claims adjuster have a limit as to the amount they can settle a case for?
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