Should I Hire a Public Insurance Adjuster?

Should I Hire a Public Insurance Adjuster?

After experiencing property damage or loss, you might be left feeling anxious and worried. You’ve lost something of yours and now you’re not sure how you’re going to repair or replace it. After the damage occurs, your insurance company will send an adjuster out to assess the damage.

However, your insurance company’s adjuster is looking out for your insurance company. This is why you need to consider hiring a public insurance adjuster. Once hiring a public insurance adjuster, you’ll have someone out on the scene who works for you and has you in his or her best interest.

Not sure if hiring a public adjuster is the right decision for you? Continue reading below for everything you need to know about the benefits of hiring a public adjuster.

1. Experience

A public adjuster has the experience and expertise needed to understand the claims process. It’s not difficult to misinterpret something on your insurance policy. Without having an adjuster on your side, insurance companies have the upper hand.

Their experience is going to be what gets you the best results possible. They’ll be able to guide you throughout the entire process ensuring that every step you take is the correct one.

2. Time Savings

Not everyone has the option of putting their life on hold to deal with filing a claim, speaking with insurance companies, collecting all proper documentation, and so on. Hiring a public adjuster will save you time.

An adjuster will manage your claim for you and only contact you when you’re needed. And because your public adjuster knows about the claims process, he or she will ensure that the claim is filed and settled as quickly as possible.

3. Maximized Settlement

Not only will a public adjuster make the process go by much faster, but he or she will be able to maximize your settlement as well. One study showed that public adjusters are able to negotiate with insurance companies. This ultimately increases the settlement amount for you.

Without a public adjuster, your insurance company would only pay out what they decide to. An adjuster on your side will be able to negotiate a larger settlement with them, which can only benefit you.

4. Knowledge of Rights

Aside from knowing how to negotiate with your insurance company, a public insurance adjuster will also know your rights. This is a major benefit when dealing with a denied claim. The adjuster acts as a witness to the scene and damages and can also guide you along the way if more aggressive action is required to get the settlement you deserve.

Do You Need a Public Insurance Adjuster?

After reading through this guide, we hope you now know how important it is to hire a public insurance adjuster.

Have you experienced property loss or damages? If so, be sure to contact us today to see how we can help you!

The Life Cycle of an Insurance Claim: Everything You Need to Know

The Life Cycle of an Insurance Claim: Everything You Need to Know

When you’re in an accident or have property damaged by a fire or other natural disaster, it can seem like an eternity for your insurance claim to complete. You’ve been through a trauma and your car or home can be severely damaged. The insurance claims process can be swift, but many people don’t understand how it works.

Once you make that initial call, the gears begin turning to process your claim. It may feel like forever, but your agent is diligently working to get everything concluded as fast as they can. There are times when the process is easy and other times when it takes longer.

Learn how the insurance claims process works and be prepared.

The Claims Process Begins by Contacting Your Insurance Provider

When the accident happens, contact police and ambulance services, if there are any injuries. Once you know everyone is safe, contact your insurance provider. They’ll have instructions for you to follow.

They’ll want you to take pictures of the damage of both cars and get a copy of the police report when ready. It’s the same for property damage or personal property damage like artwork. Take plenty of pictures.

You may not need all the pictures, but it’s better to be safe than sorry. If you make any repairs to the vehicle to get it working and don’t take pictures, then you may be denied or underpaid without pictures.

The Insurance Adjuster Gets Involved

The insurance provider contacts an insurance adjuster to conduct an investigation into the incident. The goal of the adjuster’s investigation is to understand if your policy covers the damage and how much of the cost is will cover.

The insurance adjuster visits the damaged home or views the damaged car to see how much damage occurred and why. When the investigation is completed, the adjuster goes over what is covered and any deductibles, etc. that you may have.

Adjuster Gets Accurate Damage Analysis

The adjuster needs to know how much the damage will cost to repair. The adjuster may bring in experts such as carpenters, mechanics, etc., to provide a proper estimate of the damage.

Once he understands the costs for the damage, he’ll provide you with a list of contractors preferred by the insurance company. This is a courtesy and you don’t have to use those contractors, but they’ve already been vetted by the insurance company.

Payment is Arranged

The adjuster monitors the progress of repairs on the home, car, etc., and once complete will contact you to arrange payment. Your claim is settled, and payment occurs a short time later. The complexity of the situation determines the payment time.

The entire process can be short, or it could be longer depending on the complexity of the investigation and the severity of the damage.

Insurance Claims are Common

Insurance companies get many claims and they want them concluded as soon as possible. Don’t be frustrated by the claims process because it’s there to protect both you and the insurance company.

If you want to learn more about claims adjusters and the insurance claim process, then please explore our site.