Public Adjusters: Who Are They, And What Do They Do

After I was involved in a large auto accident a few years ago, I realized that I was about to become innately familiar with the claims process. Sure enough, within a few months I started to receive paperwork regarding my accident, and it was really interesting to see how my insurance company handled things. I was able to save a tremendous amount of money by talking with agents about covered and non-covered claims, and it really opened up my eyes about the entire insurance coverage process. Check out this blog for great tips on saving money, living better, and receiving the coverage you need.

Public Adjusters: Who Are They, And What Do They Do

7 December 2022
 Categories: Insurance, Blog

As a homeowner, you likely have a homeowner's insurance policy that protects your home and everything in it. Hopefully, you never need to file a claim, but if you do, you will meet with a public adjuster. Here's what you need to know.

What Is a Public Adjuster?

A public adjuster is an independent insurance professional that works on behalf of homeowners to help them assess and receive the insurance claims they are entitled to. They specialize in helping policyholders understand their coverage, compile documentation, and present the best case possible to their insurance company so they can get the most out of their claims.

What Does a Public Adjuster Do?

A public adjuster's job is to advocate for policyholders when filing an insurance claim. They work with policyholders through every step of the process, from gathering the documentation to negotiating claim payouts with insurance companies. Public adjusters have extensive knowledge of state and federal laws regarding insurance policies, as well as experience working with many different insurance carriers. This allows them to craft an effective strategy for getting the most out of a claim.

Public adjusters often work in situations where homeowners have experienced damage or loss due to natural disasters such as flooding, hurricanes, or earthquakes. In these cases, public adjusters can be invaluable in helping homeowners navigate the complex paperwork involved in filing claims with their insurer. Additionally, they can provide important advice on how best to repair or replace damaged property while maximizing the claim's value.

In some cases, public adjusters may also assist businesses that have suffered losses due to large-scale disasters or accidents. Businesses may require specialized assistance when dealing with commercial policies. By working with business owners and insurers, public adjusters can ensure that all parties involved are aware of their rights and obligations when making claims and receiving payments for losses incurred during an incident.

Who Pays for a Public Adjuster's Services?

Public adjusters are typically paid a fee based on the amount of the claim they pursue or the settlement they negotiate. The fee can be either a percentage of the claim or a flat rate. In some cases, you may even be able to recoup part of the adjuster's fee from your insurance company.

Public adjusters are an essential resource for individuals and businesses who need assistance navigating insurance claims after experiencing damage or loss due to natural disasters, accidents, or other unforeseen circumstances. With years of experience, public adjusters are able to provide invaluable assistance. If you are looking for help filing an insurance claim, reach out to a public adjuster today.