A public adjuster can help you get a fair settlement from an insurance company. The public adjuster represents you, and his or her job is to help you settle your claim for the maximum amount that your insurance policy entitles you to receive.
The insurance adjuster from the insurance company is representing the insurance carrier, and his or her job is to settle your claim for as little as he or she can get away with.
When you meet with a public adjuster, he or she will first want to review your insurance policy and the circumstances surrounding your claim. By evaluating this information, he or she will know what you are entitled to claim and what kind of value to assign to your loss.
Insurance policies are written in specific legalese, and unless you know what a particular term means from a legal standpoint, you won’t know what your rights and obligations may be. A public adjuster has had training in insurance law and will be able to analyze your policy to determine the extent of your coverage and the maximum amount you would be entitled to claim.
Next he would visit your damaged property site to check the details of your loss. An experienced public adjuster will not only see the obvious, but he or she will have a good idea of what hidden damage may have occurred, and the consequential expenses that are likely to be encountered in the process of repair.
He or she will be able to estimate the total cost of restoring your loss to the pre-event condition, and how much of that cost is actually covered by your policy. If your loss is for your business, your public adjuster will be able to estimate the cost of replacing any business assets, loss of income and other business opportunities that you may be entitled to claim.
He or she will then put all of this information into a format that can be used to properly support your claim. And finally, your public adjuster will negotiate with the insurance carrier on your behalf to achieve the best settlement possible.