Risks of Filing an Insurance Claim Without a Public Adjuster

insurance claim public adjuster

Have you suffered a sudden accident or property loss?

Do you have insurance claims on those matters? Are you anxious about the lengthy process of claiming your fair settlement?

If your answers to the above questions are yes, it’s time you hire a public adjuster. A public adjuster is a professional. He assesses the value of your property loss, health loss, determines the fair value of your claim, and helps you claim the proper settlement. Many of you may not know much about public adjuster. Some of you may deem hiring a public adjuster unnecessary. However, a public adjuster can be very helpful for you during this challenging time. In the following article, we’ll try to explain why you may want to seek assistance from a public adjuster.

Types of Public Adjuster

Before going to details, let’s beat around the bush a little. That way, you may find out about the dangers waiting for you beforehand. Well, there are three kinds of public adjuster available. They are:

A company adjuster works for an insurance company. Many of you may be familiar with them. They are the ones that deal with the policyholders’ claim commonly.

Secondly, independent adjusters are like independent contractors. In case of an emergency, the insurance company may not have enough staffing to handle the demands. Therefore, companies hire independent adjusters to fill in the shoes.

Finally, public adjusters represent the policyholders to claim their settlement from the company. They are not affiliated with the company and are licensed to practice insurance law.

Some Common Disputes

Before hiring a public adjuster, you must know what can force you to hire one. It’s a common practice for the insurance company to assign you an insurance adjuster. It may look like a silver lining, but company adjusters work for the company. They are keen to protect the back of the company than yours. Moreover, the wordings of your policy may not be entirely clear to you. Therefore you may not know the full extent of your claim. Finally, you may not be aware of every tweak and turn of the claim and negotiation. A public adjuster can be of great assistance in such a manner.

Benefits of Hiring an Adjuster

Dealing Less With Paperwork and Phone Calls

You have paid your premium to your insurance company so that you can receive assistance during your hard time. But claiming insurance may need a series of submitting previous documents, numerous phone calls. And when you have already suffered a significant loss, this time-consuming process may put you under extra pressure. But a public adjuster is an expert in this manner. He knows the ins and outs of a policy and can relieve you from this extra pressure.

Grabbing You a Fair Claim

The insurance company is an expert in negotiating. And when the policyholder chooses not to involve a public adjuster, it instantly gives the company the upper hand. It is challenging to predict the relevant result for the insured party without an expert in the room who will work on behalf of them. The public adjuster will question all the relevant points and clear the uncertainties. That will level the field for the policyholders.

Gaining the Largest Possible Claim

Many policyholders are not clearly aware of the nook and cross of the policy. They may not even know some factors that may increase the value of their claim. So, not hiring a public adjuster may shrink your claim.

When a professional is handling your claim, he makes an assessment of the whole situation and determines a value. While the adjuster is doing their job, you can concentrate on your recovery and rebuilding. Otherwise, your attention is divided, and nothing good comes from divided attention.

Public adjusters make sure there’s no stone left unturned before filing a claim. They are familiar with the wordings and loopholes. So they may find a clause that was originally overlooked by the policy owner overlooked.

Overlooking a clause may result in excluding some items from the recovery. With the help of an adjuster, the policyholders can get the biggest piece of their claim. This results from the adjusters’ knowledge of the terminology, experience, and ability to negotiate. This is where many policyholders are not good at.

Shortens the Waiting Period

Processing a claim can get very tiring. In some cases, one may need to submit multiple times just to grab the attention of the company. Thus the process can be delayed for weeks, months, even years. The insurance company may reject your claim just because you made a mistake or kept the form incomplete. The more this happens, the finish line, aka claiming your settlement’s time is extended. And this leads to missed opportunities and mistakes that benefit the insurance. With the help of a public adjuster, this situation can be easily avoided.

Public adjusters are willing to help you get over a disaster in the time of your need. There are some myths rotating on the internet that may discourage you from hiring a public adjuster. Most of the time, these rumors are based on assumptions.  However, gaining your fair claim with less effort and low cost requires a public adjuster. They will work their best to represent you in negotiation and bring the astonishing result that you may not have considered before. So, why take a risk when you are already stuck in a pickle-,jar?

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The ways of the monk are turbid and often give you a solid headache but devotion and commitment is the first step to enlightenment ( also known as stick to your poison ). To share your enlightenment with the monk, write to him at [email protected]

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