When Disaster Strikes: The Power of Public Adjusters
You can experience a terrible loss, due to certain occurrences, such as fires, floods, theft, or any other kind. This will shock any property owner, and lead to losses. Once the shock subsides, the property owner will then contact the insurance company to see what parts of the loss they shall cover. Such times are when the intricacies if an insurance policy show up, which may not be what they thought they were. Insurance companies tend not to accept a claim at face value. They will sending claim adjustors who will investigate the details of the claim. What they report back to the insurance company will guide the terms of the settlement. They could even report the claim as not valid. A public insurance adjuster will do the same, but this time, for you.
They are trained professionals whose job is to represent your interests when dealing with the insurance company as they handle your claim. While they are going through the details of the loss, they will have your interests in mind. Their assessment tends to be more detailed, as is their report. They root for the policyholder, not the insurance company, and will ensure they get their dues form the insurers.
They will find out more about the claim’s details. They will look at the details of the cover, to know where you can expect any compensation. They will then look at the damage that has occurred and place a fair value on it. They will then take this to the insurance company. Negotiations between them and their counterparts from the insurance company will ensue. In the end, they will reach a consensus on the amount to be paid out.
You will need them around when you suffer a loss. When you face such a grievous loss, you are not the fittest person to handle any negotiations. Due to the experience they have had handling such situations, you can rely on a public adjuster to know what needs to be done when the time comes. Their job is to make sure even though you are not fit to do so, your side of the negotiation is handled well and professionally. Their usually get paid after they have successfully negotiated the settlement to you satisfaction. Since you are tied together this way, hey shall strive to ensure you are successful.
It is advisable to call them in the moment such a loss has occurred. Insurance companies will not take any time waiting to send in their adjustors the minute you report the occurrence of a loss. Any part of their interrogation you fails to live up to their expectations means that they shall have found a reason to doubt what you have to say, and thus not recommend the full settlement. This is not what you want. You too need your adjustor present.