5 REASONS TO HIRE A CERTIFIED PUBLIC ADJUSTER
Besides adjusting, negotiating and settling your insurance claims a public adjuster must protect your financial interests by keeping you compliant with the complex terms, conditions and legal requirements in your insurance policy. Failing to meet time sensitive obligations can void a claim in part or whole.
INJURY TO YOUR CLAIMS
If you have a loss under $50,000.00 you may only forfeit a small to moderate percentage of your benefits by going it alone. If your losses are in the hundreds of thousands, by the time you realize the damage to your claim it may be too late for a do-over.
CONFLICTS OF INTEREST REPRESENTING POLICYHOLDERS
Regardless of what impression you glean from multi-million dollar insurance advertisements, insurance carrier employes their independent adjusters or preferred vendors cannot represent a policyholder’s interests in the settlement of an insurance claim, it is an absolute conflict of interest!
FACTS ABOUT BAD SETTLEMENTS
Most Large Loss public adjusters won’t get involved with policyholders who already settled claims with incompetent insurance company adjusters and carrier preferred restoration vendors, especially after property was disposed of. For hundreds of years powerful lobbyist, politicians, attorneys, accountants, and financiers have maintained strategic alliances, changing laws that help limit or deny claims. The insurance industry dates back to 4000–3000 BCE and dishonest providers know how to keep the money, not their promises.
Since the law prohibits public adjusters from charging fees on already paid claims most Large Loss public adjusters won’t engage in a time-consuming battle for a damaged claim. You should never go it alone on a large claim. Over the years, we have represented judges, attorney’s and even insurance company claim adjusters who knew better than settle their own claims. Not all adjusters know the business.
BAD CLAIM SETTLEMENT ADVICE
Anyone advising you to settle a large loss claim on your own and then hire a public adjuster if your not happy with your settlement, is either a fool, or your foe. We see these kinds of foolish opinions on pro insurance industry websites and governmental agencies with ties to the insurance industry.
Click the READ MORE tab below to understand why you should consult with a Certified Public Adjuster before making a move. The only cost to becoming better educated, will be your time.
UNLICENSED & UNLAWFUL ADJUSTING PRACTICES
Without a public adjuster, broker or law license persons are prohibited from settling policyholder property claims for profit. Even attorney’s regularly engage in the practice of adjusting property insurance claims for a living require a public adjusters license. Unless representing you in the regular course of other business, or an insurance litigation your attorney will likely advise you to hire a public adjuster to settle your property claims.
Code of Ethics
Adjusters assigned to investigate your claims will conduct interviews and they routinely look for discrepancies in the transcript of your initial reporting. Regardless of what a call center operator or insurance adjuster promises, if discrepancies are alleged they...
Choosing The Wrong Public Adjuster Not all public adjusters are educated to the extent others may be. There are public adjusters who qualified to handle specific sizes and types of claims and others who may jeopardize your benefits. Make an informed decision on who...
The Cost Of Litigation To Recover Insurance Benefits Insurance laws in most states prohibit insurance carriers from forcing policyholders to sue for indemnity, however, that never stopped a carrier from using the threat of claim denial to pressure policyholders into...