Having been handling homeowner insurance claims for more than a decade, my clients have asked me from time to time, “what are the pros and cons of using a public adjuster?”
The Pros of Using a Public Adjuster.
In terms of the advantages, one of the most obvious reasons why you will benefit is that you will have a licensed, experienced, advocate on your side. Remember, public adjusters must undergo training and must demonstrate knowledge of assessing and estimating of damages. A public adjuster must have a working knowledge of the principles of construction. Think of a public adjuster as someone who will level the playing field, and at least make it a fair argument.
Furthermore, when a reputable public adjuster speaks on your behalf to argue your claim, the insurance company adjuster, who is equally experienced, must acknowledge that he is talking to a fellow adjuster. In other words, your public adjuster and the company adjusters are the same, but we are playing on opposite teams. In either case, there is a mutual understanding that we both have a job to do. And, as with any negotiation, there is some give in order to get something back. When you hire a reputable public adjusting firm like Florida Allstar Public Adjusting, Inc., you can be sure that there will be a settlement that is reached that all parties can be happy with.
The Cons of Using a Public Adjuster
On the flip side, there are some cons to using a public adjuster. What are the cons or disadvantages to using a public adjuster? Well, for one, occasionally the claim can take a little longer to settle. Why does this happen? Well, quite simply, if you have a public adjuster who is going to fight for you, he is not going to cave in and take a small, unfair settlement in order to get the claim to go away. I learned a long time ago that there is a simple formula when it comes to a successful settlement. And that is the longer you are willing to fight, the more you will end up getting. It’s a function of time, but don’t let this fact scare you. The initial payment from an insurer is often times 20 cents on the dollar. If you can hold out a little longer, the insurance company will usually do what they are supposed to do and pay the claim fairly, as long as your public adjuster has created a logical argument.
Florida Allstar Public Adjusting, Inc., has been handling claims for almost a decade and a half. If you are at a standstill and the insurance company is not paying your claim fairly, please call my office. Call me direct: 954.659.8333 Alan Himmel, Public Adjuster, and owner of Florida Allstar Public Adjusting, Inc.