10 Things you Need to Know about Public Adjusters

Feeling frustrated or confused about filing an insurance claim? A public adjuster can help!

Here are 10 things you need to know.

Public Adjusters are Experts who Work for YOU

1. Public adjusters are licensed professionals who represent policyholders in the claims process with their insurance company. They work on behalf of the policyholder, not the insurance company.

2. Public adjusters are experts in insurance policy language, coverage, and claims processes. They can help policyholders understand their policy and the claims process. With this information, they can file the claim to support getting the correct settlement to compensate for damages.

3. Public adjusters can help policyholders document their claim properly. Insurance companies require specific documentation to process a claim, and public adjusters can help policyholders gather and document the necessary information to ensure that their claim is processed quickly and accurately.

4. Public adjusters can negotiate with the insurance company on behalf of the policyholder. Insurance companies often use complicated language and tactics to confuse policyholders and pay out less than they should. A public adjuster can negotiate with the insurance company on behalf of the policyholder to help ensure that they receive a fair settlement.

5. Public adjusters are paid a percentage of the settlement amount, typically between 5-20%. However, the fee is negotiable, and policyholders should discuss the fee with their public adjuster before hiring them.

Public Adjusters Work on All Types of Property Insurance Claims

6. Public adjusters work on all types of property insurance claims, including claims related to fire, water, wind, hurricanes and other storms, floods, and vandalism.

7. Public adjusters can work with policyholders at any stage of the claims process, including before a claim is filed, during the claims process, or after a claim has been denied.

8. Public adjusters can help policyholders avoid mistakes that could jeopardize their claim. Filing a property insurance claim can be a complicated process, and one mistake could cost a policyholder thousands of dollars. A public adjuster can help policyholders avoid these mistakes by making sure the claim is filed correctly.

Public Adjusters are Regulated and Adhere to a Code of Ethics

9. Public adjusters must adhere to a code of ethics, which includes acting in the best interest of the policyholder, maintaining confidentiality, and providing honest and accurate information.

10. Public adjusters are regulated by state insurance departments and must be licensed in the state where they operate. Policyholders should always verify that their public adjuster is licensed before hiring them.

In summary, public adjusters can provide valuable assistance to policyholders in the property insurance claims process. They are experts in insurance policy language, coverage, and claims processes and can help policyholders navigate the claims process, negotiate for a correct settlement, and avoid costly mistakes.

If you’d like some support filing your insurance claim, call Capital Claims Group at 954-874-3563. We answer the phone!