What Does Damage Assessment Mean?

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What does Damage Assessment mean? Read on to discover the definition & meaning of the term Damage Assessment - to help you better understand the language used in insurance policies.

Damage Assessment

Damage Assessment

Preliminary but fairly accurate onsite evaluation of damage or loss caused by an accident or natural event before filing a formal claim or disaster declaration. Damage assessment records the extent of damage, what can be replaced, restored, or salvaged, and time required for their execution.

We hope the you have a better understanding of the meaning of Damage Assessment.

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