What Makes a Good Public Adjuster?
A public adjuster is an advocate for insurance policyholders. They work entirely for the benefit of home or business owners and not for the insurance company. Public adjusters have a variety of qualities that clients can rely upon when dealing with an insurance company regarding underpayment or denial of a claim. Honesty A public adjuster […]
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 […]
Claim Denied? Hire a Public Adjuster
Homeowners pay their monthly premiums for their homeowner’s insurance to protect their home and property, hoping they’ll never need to file a claim. It’s normal to feel a variety of emotions after experiencing a fire, burst pipe or weather-related damage. Unfortunately, many homeowners are further traumatized when their insurance claim for the damage is denied. […]
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 […]
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. […]