Advantages Of Hiring A Public Adjuster

Your home getting damaged in a weather catastrophe can be traumatic. Not only is it tough to deal with the fact that the damage was caused by something out of your control, but you also have to endure potential financial consequences. 

As a solution to financial uncertainty, homeowners should file insurance claims. Unfortunately, this process is stressful in itself, and there’s always a possibility that you won’t recover the maximum amount of money you’re entitled to in your policy.

This is why a growing number of homeowners choose to hire a public adjuster to make the entire process smoother and recover the highest settlement possible. 

Today we’ll learn how on your side public adjusters can help you with your homeowner's insurance claim.

Why You Should Hire A Public Adjuster

Insurance claims are more common than you think - one in every 20 insured homeowners files a claim each year. For places like Florida which are prone to large-scale disasters, entire neighborhoods and communities might need to file claims at the same time

Do all of these homeowners need to hire a public adjuster?

No, as some claims are quite small and straightforward enough to be handled by your average homeowner. That doesn’t mean that the average homeowner can’t benefit from hiring a public adjuster, though - more so.if they want to strengthen their claim and recover a full compensation. 

On the other hand, for valuable and intricate claims such as those for fire damage, you shouldn’t even think about filing a claim without the help of a public adjuster.

Pros Of Hiring A Public Adjuster

Even if your claim isn’t large, you can hire a public to maximize it and significantly lower the chances of an undervalued claim (which could force you to cover the remaining expenses out of pocket).

By working with on your side public adjusters, you can receive the following benefits:

1. You have someone looking out for your best interests

If you ever filed an insurance claim, you’re well aware that the insurance company has an insurance adjuster working for them. These are the people who will visit your property and inspect the damage. 

The settlement that the insurance company offers will be based on this inspection.

You can probably already see the problem here - the adjuster works for the insurer and it’s in their best interests to save a few bucks for their employer.

By having on your side public adjusters that work for you instead of the insurance company, you can offer an alternative opinion against the biased inspection from your insurer.

2. Helps you contest maximize your settlement 

Most people are afraid of what’s going to happen if they reject the initial settlement offer from the insurance company. However, that first offer isn’t the be-all and end-all as you can still fight for something better.

With on your side public adjusters, you can secure an offer that reflects the true damage you suffered. This is because these professionals are familiar with the fine print of most insurance policies and have the experience to successfully negotiate with adjusters working for insurance companies.

It all culminates in a settlement you couldn’t have negotiated on your own.

3. Avoid the extra stress

We live in a stressful world and dealing with a complex insurance claim on top of everything else can push even the strongest people over the edge. This is one of the main reasons you should hire a public adjuster, regardless of the type of claim. 

By having someone help you throughout this trying time, you can save yourself a world of headaches.

4. Save time

Oftentimes, even the simplest claims might require a hands-on approach and a significant time investment. This is especially true when submitting documentation which may take days.

Additionally, you may have to delegate enough time to all the meetings with both contractors and insurance company employees.

Having on your side public adjusters in your service can save a significant amount of time as you’ll have someone doing all these tasks on your behalf.

5. Receive help with negotiations

The adjusters working for the insurance have been doing their job for years and can anticipate any counter arguments you spent weeks preparing. This is why it’s not a surprise to see so many homeowners accept the first insurance offer - they’re going into negotiations with bona fide professionals.

By hiring your own public adjuster, you can level the playing field. These professionals have most likely worked for insurance companies in the past and are already familiar with all the dirty tricks insurance adjusters love to use. In other words, the chances of receiving a fair settlement skyrocket with on your side public adjusters.

6. Expedite your settlement

Hiring an experienced public adjuster can dramatically accelerate the claim process. They know the process in and out and which allows them to avoid any bottlenecks most homeowners run into when filing their claims alone.

That way, you can receive your settlement as soon as possible, which means you can return to normalcy in record time.

7. Affordable way of fighting a denied/undervalued claim

The best thing about hiring a public adjuster is there are no upfront fees - they will be paid only if you receive a payment from your insurer.

The impulse many homeowners have when the insurance claim is derailed is to hire an attorney to resolve the issue. This can easily eat up most of your settlement as an average attorney will take between 33% and 40% of the pie. 

In contrast, insurance adjusters' fees are limited by the state they practice in. For instance, the cap on adjuster fees in Florida is 20% for claims not based on declared emergencies, and for those that are, the fees are limited to 10%

Are There Any Disadvantages To Working With A Public Adjuster?

Many people are initially put off by the idea that public adjusters will take a piece of their settlement. In reality, the fee is insignificant when you consider the fact that most homeowners see a 747% increase in their settlement if they hire a public adjuster.

Regrettably, public adjusters may sometimes reject small claims. This is because small claims are usually not as financially viable as larger ones, particularly when you consider how small the contingency fee is.

It’s also worth noting that you should diligently research public adjusters before hiring. Not all have the same amount of skills and experience, which is why you should take a look at their track record and scour an excessive amount of online reviews.

Hire An Adjuster With A Pedigree

If you have an insurance claim, you should contact a public adjuster right away. This is more so  true for larger claims in which you can’t leave anything to chance.

To save you hours of research, you should check out Continental Public Adjusters. We have decades of combined experience and we can dedicate a full team to handling your claim and getting you the highest settlement possible.

Don’t procrastinate, call (800) 989-4769 to schedule a free consultation so we can start working right away!