Valuers and loss assessors

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

Skill level: Skilled

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
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