Public Adjusters? What are they and why we need them!
Posted: Sunday, May 18, 2008
by Keith Orndorff
OE Properties LLC
Public Adjusters work for home and business owners to level the playing field between Insurance companies and property owners.
When a home or business owner experiences damage to property insurance companies will do their best to pay out as little as possible even at the expense of the policy holder. Insurance companies are in the business to collect premium and minimize claim payments.
If you are angry that your insurance company isn't treating you fair or moving fast enough with that claim check. Or maybe the adjuster's estimate is less than you need to cover your losses? Perhaps you need to seek the services of a PA.
Public adjusters assume all of the duties necessary to have your claim processed, including making an inventory of the loss and presenting your case to the insurance company. A good public adjuster has experience in the industry and will understand your contract and the company's responsibilities right down to the fine print.
Claims can be re-opened up to 2 years from date of damage so if you have setteled a claim and find you haven't been treated fair seek the advice of a professional PA.
Public Adjusters charge a percentage of the claim amount However the percentage is very low and should NOT exceed 15%.
Example: If a property owner is paid 20 thousand dollars and then a Public Adjuster can recover an additional 20 thousand. Public Adjuster is paid 10% = 4 thousand and in the end instead of only 20 thousand the property owner now has 36 thousand to repair damages.
The big question is... WHY WOULD A PROPERTY OWNER NOT HIRE A PUBLIC ADJUSTER??
For more information and services visit:
OE Properties LLC
www.increaseyourclaim.com
Or call 321-631-5200
This Article has been viewed 260 times. (Not updated in real-time.)
Top-level comments on this article: (1 total)Lets hope the people of Florida and the Gulf Coast can read this. In my opinion they have been and are still being ripped off by insurance companies and their "adjusters". yes just like property appraisers. IN my opinion whatever way the wind is blowing gets them the job.
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