What is a Public Adjuster? And How Can They Help in Your Insurance Claim Process?
A lot of Florida Homeowners are oblivious to the fact that they have other options when it comes to getting help with their homeowner’s insurance claim. A lot of people may assume that hiring an attorney may be the only way to go. However, a public adjuster can be a great aid in helping you secure a better settlement.
So, what exactly is a public adjuster?
Simply put, a public adjuster is a claims specialist who works on behalf of the policyholder to secure a fair settlement for the damaged that has been claimed.
If you’ve had a claim in the past, then you are probably familiar with the term “adjuster” as you have most likely dealt with one before. However, what a lot of policyholders are unaware of is the fact that the adjusters that are sent from the insurance company are working within the fiduciary duty of the insurance company. In other words, they are looking out for the interest of the insurance company more than yours.
A public adjuster, on the other hand, works in your interest.
A study that was published as part of an Opagga report concluded that homeowner’s who utilized the services of a public adjuster receive on average a 747% higher claim settlement than if they were not represented by a public adjuster
So, how exactly does a public adjuster go about getting you a fair settlement?
Every public adjuster may go about adjusting your claim in the best way they see fit. But for the most part, a public adjuster can aid in your claim by reviewing your policy, preparing a professional estimate of the damages & filing all the necessary paperwork to the insurance company. After that, a professional public adjuster works to find a fair settlement amount for your damages.
Even if your claim was denied or underpaid, a public adjuster can still represent you & take a look at all the paperwork to see if you are actually eligible to receive a settlement for your claim.
The claim process can be very confusing, tricky & long. However, when you engage a Florida Licensed Public adjuster on your claim, then dealing with the claim process can be a little easier as your PA will guide you through what’s going on with regular updates.
Thanks for checking out our blog post! If you feel like you may have a claim, or your claim was denied or underpaid, contact us today for a free consultation!
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