Who is the person making a sworn oath to the value of the damage?

The person making a sworn oath to the value of the damage is an adjuster. Adjusters are responsible for evaluating insurance claims, which includes assessing damage, determining the extent of loss, and establishing the value of the claim. When an adjuster makes a sworn statement, they are essentially certifying that their appraisal of the damages is accurate and reliable based on their professional judgment and expertise. This sworn oath carries significant weight in the claims process, as it can influence decisions made by insurers regarding the payout.

Actuaries primarily focus on analyzing statistical data and calculating risk factors for determining insurance rates rather than assessing damages directly. Underwriters evaluate applications for insurance coverage, determining whether to accept the risk and under what terms, but they do not typically provide sworn statements about damages. Claims processors handle the administrative aspects of claims management, such as collecting documents and processing payments, but they do not usually assess damage or value. Each of these roles plays a crucial part in the insurance process, but it is the adjuster who specifically provides the sworn oath regarding the value of damage in the context of an insurance claim.