General Adjustment Bureau

What Does General Adjustment Bureau Mean?

The General Adjustment Bureau (GAB) is a company that specializes in training insurance adjusters and offering adjustment services to insurance companies that lack their own in-house adjusters. GAB helps these companies by providing skilled adjusters who assess claims and manage the claims process on their behalf. Claims handling is one of the things that varies most between insurers, which is part of what people look at when comparing the best car insurance companies.

Insuranceopedia Explains General Adjustment Bureau

The General Adjustment Bureau (GAB) began operations in Texas on January 10, 1947. Headquartered in Nebraska, it has offices across the United States.

Insurance adjusters are trained to investigate insurance claims before payments are made by the insurance company. While some companies have the resources to employ their own adjusters, others do not. These companies can rely on the General Adjustment Bureau to handle and clear their claims efficiently. After large events like hurricanes, insurers often bring in outside firms like GAB to help process the spike in hurricane insurance claims when their in-house teams cannot keep up.