TOP 4 REASONS FOR WHY HOMEOWNERS SHOULD HIRE A PUBLIC INSURANCE ADJUSTER
Introduction A Public Insurance Adjuster (PA) is an insurance professional who advises, assists, and advocates for homeowners to help them maximize property claim damage settlements. In a nutshell insurance claim adjusters represent the insurance companies while Public Adjusters represent the interest of the public, helping the public receive all that is coming to them in a property damage settlement. Here are the 4 best reasons why one should hire Public Insurance Adjuster for the claims.
1. They Represent You As a consumer, we normally think that the companies we choose to do business with have our best interest at heart. But it is not the case. The insurance company's claims representatives and claims adjusters represent their company, not you. If you hire a competent Public Adjustment firm or adjusters, you will be adequately represented to get them all that you are legally entitled to according to your contract called an insurance policy. And they work in the best interest of you within conditions and cases.
2. Determine Coverage, Limitations, and Exclusions If your agent reviewed the policy to explain all that you are covered for you are a lucky person. Therefore an insured client does not know when to submit a claim because they do not know they are covered. On the other side when you submit a claim that is not covered some insurers count that as a claim against the policyholder. Your Public Adjuster will advise you when you are and are not covered and when to submit a claim.
3. Ensure Policy Conditions are met When there is a legitimate claim there are certain duties and responsibilities the policyholder has. They must first mitigate the damage. This means to stop the bleeding or further damage would not be covered. Insurance companies use this one duty to deny or low ball settlements every day. Secondly, you must preserve the evidence of the loss. This is more than taking pictures. The companies have the right to see the actual loss. Taking pictures is good, but you must also preserve the proof of loss.
4. Public Adjusters Prepare Damage Estimates As the burden of proof to prove the loss exists and the actual cost of the loss is on the property owner, how does an individual analyze the full scope of the damage and prepare actual cash value and replacement cost damage estimates. This is beyond the knowledge and expertise of most home improvement contractors. If that is the case how then can a layperson, a homeowner comply with this duty of the policyholder? They can't. As the companies insurance adjuster offers you a settlement, the scope of work and damage estimate is in the favor of the insurance company, believe it or not.