A person who negotiates settlement of claims under insurance contracts for compensation in Alabama is called what?

Prepare for the Alabama Personal Lines Test with quizzes featuring flashcards and multiple-choice questions. Get ready for your exam with hints and explanations for each question!

The individual referred to in the question is known as an adjuster. In the context of insurance, an adjuster is responsible for evaluating insurance claims, negotiating settlements, and determining the appropriate compensation to be awarded based on the terms of the insurance contract. This role is crucial in ensuring that claims are handled fairly and efficiently, often requiring expertise in assessing damages, understanding policy language, and negotiating settlements between the policyholder and the insurance company.

The other options represent different roles in the insurance industry. A broker acts as an intermediary who helps clients find insurance policies that suit their needs, but they typically do not settle claims. An agent is appointed by an insurance company to sell policies and service customers but does not typically negotiate settlements for claims. A consultant may provide advice on insurance matters but does not have the authority or responsibility to negotiate claims directly. Therefore, the term that best describes the role of negotiating the settlement of claims under insurance contracts is adjuster.

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