Public Insurance Adjuster (PA), is an insurance professional that advises, assists, and advocates homeowners, business owners, and commercial property owners in order to maximize property damage settlements.
In short, insurance adjusters represent insurance companies and public adjusters represent the public. They help the public get all they can, in a property damages settlement. AllCity public adjusters work with you and help in the best possible way to get the maximum amount of claim.
Image Source: Google
Policyholders don't know the terms and acceptable practices for determining proof of loss or the cost to indemnify.
A client may be entitled to full replacement value, bringing them to court before a claim. This depends on their level of coverage.
It could mean replacing an entire floor if one has a chipped ceramic tile or a curved hardwood flooring, or even a carpet.
They don't understand that the insurance company is responsible for proof of loss. They will often ask for or settle less for the damage they don't fully understand or what they need to restore them to pre-loss conditions.
A good public adjuster has the following traits that can help us:
Expertise to determine coverage and limits
Ensure policy conditions are met
Prepare damages estimates detailing the quantity
Estimating replacement cost value for the loss
Ensure clients are properly represented in the event that they have to make a claim.
We all know that companies don't want to settle for maximum settlements and will instead offer settlements in the best interests of their own.