Answer: With respect to the distinction between appraisers and adjusters, an adjuster is a person who acts on behalf of an insurance company or an insured in the adjusting or settlement of claims. An appraiser is a person selected or appointed by competent authority or an interested party to ascertain and state the true value of goods or real estate. Thus, the line of demarcation between an appraiser and an adjuster is quite definite, since merely performing an appraisal does not amount to the negotiating, investigating and adjusting of claims. However, the function of an adjuster may encompass the appraisal of claims.
The above opinion is informal and not binding on any court.