In some instances, a public adjuster is the best option for obtaining the full amount of reimbursement to which insurance policy holders are entitled. The insurance company may deny the claim, reduce the amount of reimbursement, and will always look for ways to save the company money. Filing a claim can be very stressful.

Minor claims are typically managed by the homeowner and are done so in a satisfactory manner. However, when filing large or complex claims when a fire is involved, the best solution is to consult with a public adjuster. The same is true for individuals facing significant medical expenses as the result of an auto accident. A public adjuster can provide critical advice to help individuals make informed decisions on how to proceed.

Pros

A public adjuster works for the best interests of his/her client, not the insurance company. They take care of all the paperwork and reduce stress on their clients. The pubic adjuster works directly with the insurance company on the client’s behalf. They can have a claim reopened if the payout was insufficient to cover the full extent of the damage or if additional damage becomes evident at a later date.

The adjusters can recognize insufficient payments and weak claims. Public adjusters are time savers. There’s no need for individuals to take time off work, make numerous phone calls with the insurance company, or try to manage contractors.

Hiring a public adjuster is far less expensive than engaging an attorney. Public adjusters receive a percentage of the settlement and the process can be completed in 30 to 90 days. A lawsuit through an attorney can take months to work itself through the system and lawyers typically charge about 40 percent of the settlement amount. It should also be noted that lawyers typically use the services of a public adjuster in these cases.

Cons

Small claims may not be accepted as it wouldn’t be profitable considering the time and resources that would have to be committed to the task. Some public adjusters are better at what they do than others. Individuals need to verify that they’re working with a public adjuster that’s experienced and licensed.