Valuers and loss assessors

Valuers and loss assessors value property and various goods and assess losses covered by insurance policies.

Job Definition

• Determining the quality or value of raw materials, real estate, industrial equipment, personal and household effects, works of art, gems and other objects
• Assessing the extent of damage or loss and liabilities of insurance companies and underwriters for losses covered by insurance policies
• Obtaining records of sales and value of similar items or property
• Inspecting items or property to evaluate condition, size, and construction
• Preparing reports of value, outlining the estimation factors and methods used