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247 Adjuster Resource

Insurance, United States, Texas, Dallas

Your go-to resource for insurance claims handling and risk assessment expertise.

About 247 Adjuster Resource

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United States of America, Texas state
Official Website
http://www.247adjusterresource.com
Location Address Official Phone Email
United States of America, Texas state United States, Texas, Dallas **** ****
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FAQs – 247 Adjuster Resource

Can I get temporary Public Liability Insurance?

Yes, some insurers offer short-term policies for events, freelance projects, or seasonal businesses. These policies provide coverage for a limited time, making them a cost-effective option for those who don't need year-round insurance.


Can universal life insurance cover multiple people?

Some policies offer survivorship or joint coverage, insuring two individuals under one policy and typically paying the death benefit after the second insured person passes away.


What is the difference between a policyholder and an insured person?

The policyholder owns the insurance policy, while the insured person is the individual whose life, health, or property is covered.


What role do captive managers play in captive insurance?

Captive managers oversee the daily operations of captive insurance companies, including regulatory compliance, financial reporting, underwriting, claims handling, and risk assessment. Many businesses outsource captive management to specialized firms to ensure efficient and compliant operations.


How does social media help detect fraudulent insurance claims?

Insurers monitor claimants' social media activity for inconsistencies, such as a supposedly injured person engaging in physical activities contradicting their claim.


How does facultative reinsurance work?

The ceding insurer submits a specific risk to the reinsurer for evaluation. The reinsurer assesses the risk based on underwriting criteria and decides whether to accept, reject, or modify the terms. If accepted, the reinsurer provides coverage for that particular risk, usually under a separate facultative certificate.


What if the at-fault driver’s insurance is expired or canceled?

If the at-fault driver’s insurance has expired or been canceled, they may be considered uninsured, and your Uninsured Motorist coverage can be used to cover the damages.


Can reimbursement be partial instead of full?

Yes, insurers may only reimburse part of the claim if it exceeds policy limits, includes non-covered expenses, or requires a deductible to be paid first.


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