IS A PUBLIC ADJUSTER?
A Public Adjuster is an adjuster who is licensed
and certified by the Department of Insurance to work exclusively for
the benefit of the policyholder. (Most states require a license and
IS THE DIFFERENCE BETWEEN A PUBLIC ADJUSTER AND THE INSURANCE COMPANY'S
The Public Adjuster is employed by you, and their
fiduciary responsibility and duty must be to you. The insurance company's
adjuster is employed by the insurance company, and their responsibility
and duty must be to their employer. It is not possible for any insurance
adjuster, no matter how hard he or she may try, to zealously protect
both your interests and the interests of his or her insurance company
at the same time. After all, their instructions come from their employer--not
SHOULD I EMPLOY A PUBLIC ADJUSTER TO OBTAIN WHAT IS RIGHTFULLY DUE ME?
Preparing an insurance claim can be a complicated
and complex task. Substantiating and documenting your loss is your job,
not the job of the insurance company's adjuster. There are just too
many details and variables which arise that can be easily overlooked.
The decision to use a Public Adjuster has very little to do with whether
or not you believe the insurance company will or will not try to be
fair. Even the most honest company adjusters often under-pay claims
by 50% or more. There is overwhelming
evidence that the vast majority of people do not receive the proper
settlement without professional assistance. Public Adjusters will almost
always obtain much greater settlements than individuals, not only due
to their skill in evaluating, estimating, and appraising, but also because
of their experience with the "ins and outs" of the insurance
industry. As is true in any profession, the more experience and training
one has, the better the final results.
ASSURED A HIGHER SETTLEMENT IF I USE YOUR SERVICES?
Almost always. The more thorough and complete
your claim, the higher the settlement. We meticulously inspect the loss
site and compile the damage. On severe losses where all or most of the
inventory is burned out of sight or blown away, we use a variety of
computer checklists to help us recap with you, on a room by room basis,
what was in the property at the time of the loss. Studies have clearly
demonstrated that most claims compiled by the Insureds are very incomplete.
Having a professional who is looking out for your best interests and
who understands the "tricks of the trade" is invaluable. See
testimonials for proof and evidence of just how valuable a good Public
HAVE TO PAY YOU UP FRONT?
No. We are not paid until money is collected from
the Insurance Company. In fact, we spend our money and our time helping
to document and process your claim before we are paid anything.
USES THE SERVICES OF PUBLIC ADJUSTERS?
Public Adjusters are utilized by individuals and
all types of businesses and professions, including banks, accountants,
attorneys, and even insurance adjusters and agents on their own losses.
Once a person has experienced the benefits of our services, they will
rarely attempt to settle a claim without us.
MY AGENT MAKE SURE I GET A FAIR SETTLEMENT?
You probably bought your insurance from your agent
or broker because of his friendship and/or salesmanship. While the agent's
expertise is in connection with the marketing of insurance policies,
he or she does not have the experience nor the obligation to render
adjusting services. In fact, we have seen many times where the insurance
company demanded that the agent stay out of the adjustment process.
They were told to mind their own business. When everything is said and
done, agents cannot do much to help, and they are very wrong if they
suggest otherwise. Many people are shocked when they learn that most
agents are paid an annual bonus if their claims are kept below a certain
percent, known in the industry as the profit/loss ratio bonus. This
naturally creates an undisclosed conflict of interest. With the agent
having a personal financial interest in your claim, the more they help
you, the more they hurt themselves and their family. However, agents
who are aware of our professionalism and expertise, and who have the
interest of the Insured at heart, will never discourage them from employing
our services. In fact, they often highly recommend us, as they, themselves,
have utilized our services many times after being a victim of a loss.
Beware of anyone who advises you not to seek assistance from someone
with our successful track record who works exclusively for you and your
EMPLOY A PUBLIC ADJUSTER, WILL IT CAUSE PROBLEMS OR DELAYS?
The vast majority of our claims are conducted
and concluded in the spirit of professionalism and mutual respect with
the insurance company's representative(s). However, if the company does
not want to be reasonable, we will not capitulate to any unreasonable
demands or positions they take. If there are any problems or delays
in your claim, they are the same problems which would exist whether
or not we are involved. In fact, we have found that the sooner we get
involved on a claim, the thinner our file will be, because with our
experience we know the best way to minimize certain problems, and often,
just by our involvement, many problems are avoided before they develop.
While some unethical adjusters may discourage you from employing a Public
Adjuster (who is licensed and certified by the Department of Insurance),
statistics are quite clear that Public Adjusters, almost without exception,
assist in obtaining extremely higher settlements for the Insured, not
to mention the time and turmoil the Insured is saved. It is beyond dispute
that any adjuster or agent who discourages you from hiring a Public
Adjuster cannot possibly have your best interest in mind.
I WAIT UNTIL THE INSURANCE COMPANY'S ADJUSTER MAKES ME AN OFFER TO DETERMINE
WHETHER I NEED YOUR SERVICES?
Never! Many people make a serious error by delaying
the retainment of professional assistance. The earlier we are involved
in a claim, the smoother the adjusting process generally proceeds. The
insurance company often will not take certain positions when we are
involved that they may try to take when we are not. In addition, it
takes a great amount of work to determine exactly what is fair, and
most people simply do not have the necessary expertise to determine
whether or not a company's offer is fair and accurate. Sadly we see
many people who handle their own claims accept what we know are clearly
low offers (sometimes less that 50 cents on the dollar), and yet are
still quite happy with the settlement. We have also found quite often
that the longer a person waits, the more stress and duress he or she
is under. Every day many people accept substandard offers just to get
the bad experience over with. This is not the best position to be in
when you try to negotiate your claim. Bad settlements need not happen.
In addition the burden of "proving" the damages lies with
you, the policyholder.
I BE CANCELED BECAUSE I HIRE A PUBLIC ADJUSTER?
No. In most states, the public adjusting profession
is mandated by the Legislature and regulated by the Department of Insurance.
It would be a serious violation if any Insurance Company would discriminate
against you in any way for exercising a right given to you by the State