Public Adjuster Hiring Pros and Cons
When individuals experience damage to their home or business, their insurance company is responsible for providing funds sufficient for repairs or replacement. The insurer will send one of their own adjusters to assess the site and attach a monetary amount to the damage. However, the funds may not be sufficient and a public adjuster can […]
Signs You Hired a Good Public Adjuster
Before you hire a public adjuster, it’s important that you perform due diligence. Just as with all professions, some individuals are better at their job than others. After all, you’re relying on the expert to obtain a bigger financial reimbursement for damage or loss of your home or business property. Reviews It’s an easy matter […]
Surety Bond Requirement for Public Adjusters
A surety bond for public adjusters is designed to guarantee the ability, honesty, integrity and performance of the professional. In Florida, the Department of Financial Services requires public adjusters to purchase a surety bond of $50,000 as part of the licensing process. Surety bonds can be purchased for terms of 1 to 3 three years. […]
Can My Insurance Company Cancel my Policy if I Hire a Public Adjuster?
Insurance companies can, and do, drop customers for any number of reasons, but not for hiring a public adjuster. The State of Florida gives you the right to hire a public adjuster to obtain relief from insurance claims that have been denied or underestimated. To cancel an insurance policy would be a serious violation of […]