The role of a public adjuster is to evaluate property damage claims and negotiate with insurance companies on behalf of policyholders. A public adjuster works on the client’s behalf to ensure that they receive the maximum compensation possible from insurance companies. Insurance companies employ staff adjusters to assess and process claims. These professionals are often inside the insurance companies and work to minimize their costs. Depending on the type of damage and location of the loss, one public adjuster may be more appropriate than the other.
Public adjusters are experienced negotiators and are often able to obtain higher settlements than a homeowner could. These professionals are paid on a percentage of the recovery amount and are often aggressive when soliciting clients after a disaster. Homeowners may be uncomfortable negotiating with their insurance adjusters and may not feel confident enough to fight back. A public adjuster has a reputation for pushing their client to accept a higher settlement.
While an insurance company has a legal obligation to settle property damage claims for roof water damage repair within the limits of their policy, their goal is to minimize the amount of money they pay out to policyholders. A public adjuster will work directly with the insurance company, presenting evidence to support their claim, and negotiating a full settlement. Insurance companies use estimating software that allows them to input generic data and produce a one-size-fits-all outcome.
Although public adjusters can be adversarial and are sometimes dismissed by insurance companies as being amateurs, they are actually quite effective in handling insurance claims. Their expertise may increase the settlement amount, especially if an insurance company is unethically low-balling or incompetent. In some cases, public adjusters are preferred over an insurance company for other reasons, such as expedited settlement. Additionally, they reduce the time it takes to file a claim.
If the homeowner has no time to contact an insurance carrier, the public adjuster may be able to handle all communications with the insurer. While a public adjuster can do a great job for a homeowner, the insurance company may not be happy with the claim, and they may not want to pay out anything for the work. A public adjuster can help prevent this from happening by representing the claimant’s interests.
Another crucial role of public adjusters is to find hidden damages. They must be experienced in identifying these damages, and explain the insubstantiality of their clients’ claims. Their knowledge of the law is essential, as many terms used in everyday conversation are not interpreted correctly in legal context. The public adjuster must also be knowledgeable of current laws regarding the profession. If a client’s claim is denied, they will not get the full amount of money they deserve.
The role of a public adjuster in property damage claims is crucial for the recovery of a claim. These professionals must work with the insured and determine the extent of damage. This requires them to evaluate the scene of the property damage, walk through the building, and discuss the scope of the loss. Once the insurer agrees on a scope of work, the insurance adjuster must present the results of the inspection to the policyholder.