Many people don’t know what to do after their property has been damaged or they have been injured in an accident. When the person contacts the insurance company file a claim, he may not understand his rights or the terms of the insurance policy. The entire process can be overwhelming. If you hire a public adjuster, you’ll have an experienced professional working on your behalf to help you get a fair settlement from the insurance company.
Experience with Handling Claims
Once you’ve filed a claim with the insurance company, there are several steps that must be taken in order to reach a resolution. A public adjuster can inspect the loss, estimate how much it would cost to repair the damage, and organizes documents the insurance company needs to substantiate the claim. National public adjusters know how to submit the necessary paperwork to the insurer and are able to effectively negotiate a fair settlement.
Get a Fair Value for Your Claim
Even though policyholders obtain insurance to help them recover from the losses they sustain, they may not realize that the priority of the adjuster handling the claim is to protect the interests of the insurance company. When an adjuster evaluates the damage, he may look for evidence that will enable the insurer to deny the claim or minimize the settlement offer. When an adjuster only pays a fraction of the true value for a claim, it saves the insurance company money. A public adjuster who represents you will let you know if the insurance company performed an adequate assessment of the damage and is submitting a reasonable settlement offer.
State insurance departments regulate the fees for public adjusters. In most cases, the public adjuster’s fee isn’t paid upfront since they will receive a small percentage of your settlement. This is a relief for many policyholders because when they have experienced a loss, it often puts them in a position of financial distress and they may not otherwise be able to afford the public adjuster’s services.
Hiring an experienced public adjuster can save you a lot of time and reduce the stress associated with the claims process. Most importantly, they are able to protect your rights and help you get the compensation you need.