Benefits of Hiring a Public Adjuster

Dealing with the requirements of filing a property loss claim with your insurance carrier only adds to uncertainty and critical decisions that must be made. Insurance carriers and their claims representative may request detailed information that seems unreasonable but may be necessary. Understanding exactly what your policy covers and what your duties are can become confusing based on the information an insurance carrier’s adjuster might give you. Detailed research and documentation of the loss are required which includes bringing into action all the various investigative and valuation expertise to develop the pre-loss condition of the property. Today this process, like most things, has become increasingly complex.

Author and law professor Mr. Ken Feinberg, who is well known for his administration of the victim funds for both 9/11 and the BP oil spill, has this to say about public adjusters:
And while some insurers might balk, Feinberg is equally complimentary of public adjusters. “Public adjusters fill an important role here … the fact of the matter is that in many, many of these mass cases involving mass disasters, public adjusters are essential. There simply weren’t enough private adjusters in BP; there weren’t enough private adjusters after Hurricane Katrina. So, in those volume cases involving thousands of claims, I think the public adjusters fill an important void just to deal with that volume,” he said.

Feinberg thinks empathy, competence and creativity are keys to successful claims negotiations.  “Put yourselves in the shoes of the insured. Make sure that you understand exactly what the policy says, what the exclusions are, what the deductibles are, so that you can sit and explain in an empathetic way exactly what the insurer can do and cannot do,” he said.

And that is exactly what a trained, experienced, and qualified public adjuster should do.  Help the policyholder understand their policy and what options they have in order to make a proper claim under their insurance contract.

When you suffer a property loss, the insurance company will send either a staff adjuster who is employed by the carrier or an independent claims adjuster who is contracted by the insurance carrier. Depending on the situation, they may also operate under certain incentives based on how many claims they can handle or how quickly the claim settles. Regardless, you should understand that both the staff and independent claims adjuster represent and serve the best interest of the insurance company. A public adjuster works for you, the policyholder, to make sure your best interests are represented and the insurance company fairly settles your claim and honors the provisions of the insurance policy.

Some of the biggest benefits clients tell us they experience when hiring a public adjuster include:

• Time Savings: Many homeowners and business people have more important priorities than to deal with the incessant demands for information and documents from the insurance company. A public adjuster will organize and manage your claim and help minimize the time you need to spend dealing with all the claim issues.
• Claims Expertise: Insurance policies can be complex documents and can easily be misinterpreted. Having someone on your side that is familiar with both the language of the insurance policy and how those policies are enforced can mean a great deal to how your claim gets settled. It also helps to have an expert guiding you regarding the proper procedures for repairs and documenting expenses in case a claims denial occurs. Tutwiler & Associates has access to a group of veteran experts and engineers that can be called on if they are needed to substantiate any part of your claim.
• Faster Resolution of Your Claim: Understanding how to organize your claim, process the paperwork that is needed, as well as the proper language to use when communicating with your insurance carrier can help avoid repeated requests for additional information, expedite the claims process and get your repairs underway faster.
• Protect Your Rights as a Policyholder: Having an expert public adjuster who understands the insurance company’s expectations, when documenting and valuing your claim gives you an advantage if your claim is denied. It also gives you a third party resource who can act as a witness in case more aggressive action is required to obtain a just recovery.

When you add it all up, hiring a public adjuster just makes good practical and financial sense.

At J.M. Staples Public Adjusters, LLC. we help you with just about any situation you find yourself in. Your first call should be to J.M. Staples Public Adjusters, LLC. and NOT your insurance agent.

Some areas we cover:

Loss Due to burst or frozen pipes, home flooded,  property damage from storm, fire, water, wind, tree, Ice and Snow, hot water heater, tornado, hurricane, sewage back up, furnace soot, water supply line, and ice and snow.