Insurance is a bet made between the provider and the policy-holder. The insurance company is betting that nothing bad will happen, while you are betting that something will.
If you need to file a claim over the loss of significant property, the insurance company is going to try to hold onto every penny they can, and they have a team of experts on their side to do it.
So shouldn’t you have an expert on your side as well?
When you are negotiating a property claim, there is an extensive process to gathering and preparing information in a way that your insurance company will accept so that the claim goes smoothly. You don’t want to waste time trying to do things yourself, only to have claims rejected because they were not presented properly.
A Public Adjuster is a representative who will work on your behalf and manage your claim with the insurance company. Read on for 5 reasons why a public adjuster will negotiate your property damage claim better than you.
1. Expert-Level Experience in Property Claims
After the immediate aftermath of the disaster which caused your claim, the public adjuster will get the process going to make sure you recover as quickly as possible from your loss. Having a Public Adjuster work on your claim for you will expedite the process of having the insurance company payout. That is because as they do their investigation and compile your report, they will add things that you wouldn’t have considered. Or, it is possible that they will see things that you would potentially overlook as a side effect of being too invested in your case to look at the details of your policy closely enough to realize what was covered to maximize your benefit.
2. Analysis of the Damage and the Loss Itself
Public Adjusters work for the policyholder and get paid when the insurance company pays out. Because of this, they are usually more comprehensive in the report they make regarding the damages than the person who suffered the loss, or the adjuster who works for the insurance company. They are trained to identify everything within your policy that you are entitled to receive support for, and they have a vested interest in making sure that you get every dollar owed to you. That is because they are paid as a percentage of the total settlement, usually between 5-10 percent.
3. They Are Experienced at Negotiating with Insurance Companies
Hiring a public adjuster is so much more than just hiring someone who will take care of the paperwork of filing a claim for you.
The insurance companies don’t want to pay out any more than they have to and will do their best to reduce the amount of your claim. A Public Adjuster will work to tip the balance and make sure that you, the policyholder, get the money that you deserve to recover from an emergency.
4. Software Tools and Programs
You may be able to report the damage yourself, and you may even have some knowledge of your policy so that you can make the appropriate claims of your loss. Yet, what you do not have is access to specialized software tools.
Public Adjusters use the same software that insurance companies do in order to process your claim. However, unlike the insurance companies, they don’t apply a standardized template to your claim. A Public Adjuster will work with you to use the estimation software and the information from their investigation to provide you with the most comprehensive analysis possible to accurately reflect your loss.
5. The Devil is in the Details
Public Adjusters have made a career of reading the fine print to make sure that your interests are represented as fully as possible. Very few home or business owners have read the entirety of their insurance policy, but your public adjuster will.
Depending on what is covered in your policy, the Public Adjuster will prepare to build estimates and something called a “loss of use” receipt, which considers the costs inherent in losing a home or a business property and what is necessary for the intervening time between the loss and rebuilding. They handle this fine print and paperwork so you can focus on the prospect of recovering from your loss.
A Public Adjuster is a professional who handles property claims every day, and who knows what the insurance companies owe to the policyholders. They will do a more thorough job than the home or business owner could when they are dealing with what could possibly be the most stressful event of their lives and can ease the burden of what can be a confusing and difficult process.
Why you need Continental Public Adjusters
Continental Public Adjusters is proud to serve the entire state of Florida in handling property claims, and they have the experience to help you get the most out of your policy.
If you have a new property claim, or even worse if your claim is denied, delayed, or underpaid, you need an experienced public adjuster.
Continental Public Adjusters will do five key things for you:
1. Advocate: Our sole responsibility is to make sure you receive the maximum recovery for your loss.
2. Review: A comprehensive investigation helps us understand each specific type of loss. With our experts and consultants, we begin to determine the overall value of your property loss.
3. Estimate: Using the latest cost estimating software to prepare supporting documentation and provide it to your carrier.
4. Adjust: We will adjust your claim and negotiate with your insurance company adjuster to reach a settlement meeting your approval, in your best interest.
5. Maximize: We can foresee issues and obstacles in the claims process with the experience that comes from settling thousands of claims and will work to reach your maximum benefit.
Start with a free consultation with one of our team members to learn about your options. Continental Public Adjusters, Inc. has 38 years of experience successfully settling thousands of claims related to both personal and commercial property in the state of Florida.