The Mistake of Not Contacting a Public Adjuster Right Away
The first thing to understand about the insurance adjuster your insurer will send to survey damage is that he or she works on behalf of the insurance company – not you. Their job is to assign a dollar amount to damages, settle claims as quickly, and pay out as little as possible. Your Personal Advocate […]
Should a Homeowner Buy Flood Insurance?
For much of South Florida, flood insurance is a necessity due to hurricanes and storms that can drop copious amounts of rain. Even those that don’t live in a declared flood zone would do well to protect their home with flood insurance. Without the coverage, homeowners and renters will be responsible for paying for repairs, […]
Can a Public Adjuster Reopen a Denied Insurance Claim?
The answer is yes. If the company that issues your home insurance denies your claim, a public adjuster has the power and authority to reopen the claim and negotiate for more money on your behalf. The Facts A public adjuster is not the same as the insurance adjuster that your insurer sends to perform an […]
Homeowners Insurance: Why You Need It
In some instances, homeowner’s insurance isn’t just a need, it’s a requirement. If you obtain a mortgage to purchase a home, insurance is required. It doesn’t matter whether it’s your first home, a vacation getaway or an income property, homeowner’s insurance protects your investment. You can legally own a home without insurance if it’s completely […]
If I Hire a Public Adjuster, Can I do My Own Insurance Claim Work?
The answer is no. Once a homeowner has signed off on a claim with their insurance company, the policy holder can’t reopen the claim – even if they discover the settlement was insufficient to cover the costs. Only a lawyer or a public adjuster has the authority to perform that task. The public adjuster is […]
What is the Advantage of a Public Adjuster?
Insurance companies provide coverage for damage to homes and businesses when a disaster occurs. However, the bottom line is that insurance companies are in the business of making money. What policyholders need to understand is that any claim they make can be underpaid or denied for any number of reasons. That’s when the advantages of […]
Do Adjusters Charge Upfront or Only After Your Insurance Company Pays You a Claim?
The good news for home and business owners is that they don’t have to pay any money upfront when hiring a public adjuster. The professionals only get paid after they’ve successfully recovered funds from the insurance company. Public adjusters are limited in what they can charge. They can collect up to 20 percent of funds […]
Can a Public Adjuster Reopen an Insurance Claim?
Reopening a claim the insurance company considers to be closed is just one of the tasks that a public adjuster can perform. The professionals can reopen a claim and file a supplemental claim for additional reimbursement, along with claims that have been denied. Don’t confuse a public adjuster with the adjuster the insurance company sends […]
Should You Accept the Insurance Company’s First Offer?
When a disaster befalls your home, all you want is for the insurance company to give you the money to repair the damage and replace your possessions. However, an insurance claim isn’t that simple. The insurer will send an adjuster to inspect the damage and determine a dollar amount for reimbursement. Experts recommend you don’t […]
Do Public Adjusters Help to Resolve Claims Faster?
The claims process for home damages can be a lengthy and frustrating endeavor, depending on the insurer. A public adjuster can help facilitate the process and, in many instances, even obtain a larger reimbursement for damages. Public adjusters are often successful in closing claims to the homeowner’s satisfaction in as little as 30 to 90 […]
Why Flood Damage Can Often be Denied by Insurers
Florida homeowners are in an untenable position. Many insurers don’t offer flood insurance at all, while other insurers have dropped clients and some insurance companies no longer operate in the state. The reason flood damage claims are often denied is to preserve profitability. Insurers would have to pay out more in damages than the premiums […]
Do Public Adjusters Use Their Own Contractors
A public adjuster is hired by a homeowner, not the insurance company, and they work entirely for the homeowner. Their mission is to obtain additional funds from the client’s homeowner’s insurance when the repair costs exceed the amount paid by the insurer. A public adjuster may hold a contractor’s license, but they do not perform […]