Understanding Insurance Policies

When a person is involved in an accident that results in serious injuries or other damages, it may be necessary to file an insurance claim in order to receive compensation. Sadly, the process of filing an insurance claim can be a bewildering experience for those that are new to this process. When an individual finds themselves needing to go through the process of filing an insurance claim, a public adjuster can be an invaluable professional to retain.  

Do Public Insurance Adjusters Work For You Or The Insurance Company?

It can be common for individuals to overlook the benefits of working with a public insurance adjuster due to a belief that these professionals only work for insurance companies. However, large insurance companies will usually have their own adjusters on staff. Rather, a public adjuster is a professional that is hired by those filing an insurance claim. These individuals will be able to help with verifying the damages suffered, filing the appropriate paperwork and helping with filing the paperwork for appealing rejected claims.

How Will A Public Insurance Adjuster Charge For Their Services?

Another common reason that a public insurance adjuster may be overlooked will be due to a belief that these services will be extremely expensive. In fact, there are some people that will assume that these services are not worth using as they will take most of the settlement. However, public adjusters usually charge a small portion of the total compensation awarded. The amount of this fee is often capped by state laws, and you will need to review your local ordinance to know what the maximum is that you can be charged for these services.

Will Retaining A Public Insurance Adjuster Cause Conflicts With Your Insurance?

Fear of the insurance company retaliating against the claimant for hiring a public adjuster is another potential reason for some individuals to be hesitant about pursuing the compensation that they deserve. However, it is important to note that a public adjuster may be able to help you settle your claim more quickly and with less frustration or confusion. By being familiar with the process of processing a claim, these professionals can help the insurance company to efficiently handle your claim. In the rare event that the insurance company attempts to retaliate against you for hiring these professionals, you should be aware that there are strict rules in place that protect individuals against this type of retaliatory action. If the insurance were to attempt to retaliate against you, it would be possible to file a separate civil claim to protect your rights.

Talk with someone like Great Lakes Public Adjusting for more information.