An insurance claim process can be a complex and time-consuming process to resolve. You’re probably not an expert unless you work in the insurance sector. You may be baffled by the legal terms being hurled at you. Finding the best public insurance adjuster near me can make a huge difference in how your insurance claim is handled and resolved.
Insurance companies are well aware of their power over the common policyholder. An insurance company’s objective is to pay the least amount on your insurance claim that they are legally required to pay without getting into trouble.
It might be difficult for average insurance policyholders to defend themselves without the help of a public adjuster. Policyholders like you are represented by public adjusters, sometimes known as private insurance adjusters. Their purpose is to take care of your insurance claim process from beginning to end. We at Gold Coast Public Adjusters speed up the claims process while ensuring that you get the maximum money possible under the terms of your insurance claim. Call us today for a free inspection and claim consultation.
- Benefits of hiring a public adjuster
- Hire a public adjuster
- Role of a public adjuster
- Hiring a public adjuster- is it good or bad
- How to find a good public adjuster?
- Cost of hiring a public adjuster
The benefits of hiring a public adjuster
To resolve your insurance claims, your insurance company will send an insurance adjuster to your home. The insurance company’s adjuster’s purpose is to safeguard the company’s financial health: he or she is either a salaried employee or an independent contractor.
A public adjuster and a private adjuster are two different adjusters. You, the policyholder, are represented by public adjusters. When you file insurance claims, they handle your claim, represent your rights and ensure that you get the right claim from the insurance company. Most homeowners are unaware that public insurance adjusters exist and why should they hire a public adjuster.
Hire a public adjuster
The field of public adjusting is extremely specialized. Hiring an inexperienced public adjuster can cause more harm than good. When looking for a local public adjuster to help with a property damage insurance claim, make sure the claims adjuster you work with is trustworthy, reputable, and has the experience you need for your unique claim.
Hiring the wrong public adjuster can endanger your negotiation with the insurance company. It can also hurt your reputation with the insurance company’s adjuster, just like hiring the wrong realtor can hurt the home buying process, or hiring the wrong attorney can hurt a court case.
For insurance claim dispute settlement, Gold Coast Public Adjusters is the finest option. Call us if you have a disagreement with your insurance company about a settlement that is less than you believe it should be.
Role of a public adjuster?
Even if you are certain of the valuation amount of your property damage, getting a second opinion on an expensive event like a house or business insurance claim is a smart thing to do.
Public adjusters are specialists, and it’s doubtful that they’ll leave out charges that a policyholder would overlook or be unaware of in their calculations.
For example, if a section of a roof is damaged by wind, a homeowner may underestimate the cost of a new roof and fail to factor in the expense of removing the damaged roof entirely.
Hiring a public adjuster- is it good or bad
For ordinary home or business owners, insurance policy terminology can be complex. High-value claims with your insurance company are more complicated. It requires more documentation and more pushback from the insurance company. When you have sustained a loss and are submitting a claim, a public insurance adjuster is a state-licensed insurance claim professional who reads the policy jargon and confirms that you are receiving all your dues under the terms of your insurance policy.
Public insurance adjusters are professionals in insurance policy details and language. They know the ins and out of submitting and modifying insurance claims. They use sophisticated tools to conduct an assessment of your property damage. They know how to properly log and submit a policyholder’s first and additional claims.
How to find a good public adjuster?
There are several things a policyholder can do to ensure that they are hiring a dependable and competent public adjuster. The first thing they should look at is if the public adjuster is allowed to work lawfully. Public insurance adjusters must be licensed in each state where they work.
To keep their licenses active, they must be bonded and undergo continuous learning. If an individual, such as a contractor or an attorney, claims to provide claim adjustment services but is not licensed to do so, do not work with them.
It is illegal to practice without a license, and the license is a vital indicator of the expertise and qualification of a good public adjuster.
Cost of hiring a public adjuster?
Many public adjusters do not charge a fee to visit a damage site and assess whether or not they will deal with a policyholder on a case.
They do, however, charge a fee for assisting a policyholder in filing a claim. A public adjuster typically charges a percentage of the amount paid by a policyholder’s insurance carrier for a claim. For example, suppose a policyholder pays a 10% fee to an adjuster and their insurance company pays $100,000 for their claim. The policyholder would then be responsible for a $10,000 payment to the public adjuster.
The percentage of fees charged varies by the adjuster and is usually restricted by local or state law.