Insurable Losses: Do You Need A Public Adjuster?
If you ever have an insurable loss, you will have a visit with a public insurance adjuster. The adjuster evaluates your losses and help determine your claim. The following are some things you should know about a public insurance adjuster:
Who Are Public Insurance Adjusters?
A public insurance adjuster is a property loss professional who works on your behalf as an insurance policyholder. You can hire public insurance adjuster when you need help filing an insurance claim or if you believe an offer from your insurance company is not correct.
Most claims, including those for flood damage, fire and smoke damage, natural disaster damage, and the like are negotiated and subsequently filed by an adjuster.
What Does a Public Adjuster Do for You?
The public insurance adjuster deals in the language and details of your insurance policy. They utilize software programs to perform an evaluation of your property losses. The process of evaluating your claim and submitting it can be complex. You could do this on your own, but you will benefit more if you use a professional with experience in this area.
In addition, a public insurance adjuster works with contractors to help negotiate a better settlement with your insurance company. This line of communication is crucial, as adjusters and insurers have the necessary relationship to get the job done for you.
What Is the Difference Between a Public Adjuster and Other Adjusters?
Most insurance companies utilize insurance adjusters to evaluate insurable losses to come up with a settlement. There are different types of adjusters, and it is important that you understand the difference.
Public adjusters work directly for you, as you hire the adjuster for a fee. Company adjusters work for insurance carriers and are sent out to evaluate claims for their insured. An independent adjuster will also work for an insurance company, but he or she is not directly employed by the insurer. He or she acts as a consultant. Independent adjusters are hired as they are needed. They might have a specific area of expertise that other adjusters don't have.
Should You Consider a Public Adjuster?
If you plan to file a claim for losses with your insurance company, you may want to consider a public adjuster. This is especially true if your loss is substantial. You may also want to consider a public adjuster if your insurance company's adjuster has already visited and you would like a second opinion.