What is a public adjuster?
A public adjuster is a state licensed insurance professional that specializes in managing every aspect of an insurance claim on the behalf of the policyholder (claimant, or insured). Public insurance adjusters provide services of negotiating or “adjusting” insurance claims. Public adjusters are a type of claim adjuster that are individually licensed and hired by the insurance policyholder. They represent the general “public” and “adjust” claims to effect settlements.
Most people are aware of insurance adjusters or claims adjusters that work for the insurance company to investigate, inspect, appraise and adjust insurance claims, in order to determine the amount of compensation the insurance company is liable to pay.
A public adjuster performs many of these same functions but is hired by the policyholder, to advocate for the policyholder, during the process of appraising and negotiating a claim. A public insurance adjuster is someone who is hired to represent the financial interests of the person or entity who is insured by the policy. A public adjuster works for you – not your insurance company. Public adjusters use their experience and expertise in the insurance industry to ensure a claim is properly handled and achieves a fair outcome, while also working to successfully maximize the compensation. All in efforts to help those in need to truly recover after a loss. Article written by Claimsmate.
Why hire a public adjuster
Unsure what to do? When your home suffers damage it is very unsettling. You can feel lost and don't know where to begin. The claim process can be very demanding, time consuming and frustrating. We take care of that.
Expertise: We have been doing this for a long time so we know what to do. With experience in the construction industry and working for the carriers we are very well equipped. We can handle small claims to multi-million dollar claims.
Understanding Policy: Policies and insurance documents are all different. The way they're written is that the policy will give you coverage in one sentence, then take it away the next. It is really important to know policy language and contracts.
Your Home is Destroyed: You always hate to see this. If you're ever in a situation when there is significant damage, it's always in your best interest to hire professionals. There can be many steps in the process in rebuilding your home and life too. The stress of not knowing where to live, how your house will be rebuilt and where to start is difficult to deal with. We want you to have the ease in mind knowing someone has your back taking the right steps for you.
Insurance Company Issues: When there is a loss, insurance companies can be very difficult to deal with. It might take awhile for them to come out. They may just issue payment hoping your claim goes away. Often times you're just fed up with all of the phone calls and unanswered questions. We take care of all of that for you dealing with the insurance carrier and can answer all of your questions.
The Carrier Advises You Not to Get a Public Adjuster: Simple reason why they do this. Insurance companies try to pay the least amount possible. When a public adjuster is hired, we find what areas they missed. It's proven that hiring a public adjuster helps get you better claim settlements.
Settlement: You hear horror stories of insurance companies not paying claims. Another reason why hiring a public adjuster is important, so this doesn't happen to you. Once settlement is agreed upon the carrier will issue you a check soon after.
The insurance carriers have their own adjusters.
You should too.