Insurance Adjuster Questions And Answers
Whether for homeowners, auto, or commercial insurance, the process of filing a claim can be confusing but essential if you are to receive the compensation that you are entitled to under your policy. The services of a public adjuster from a company like Trust Public Adjusting Group can be invaluable during the course of filing one of these claims, but those that would benefit from working with one of these professionals will often lack the knowledge to be able to understand the services these professionals provide or why they are important.
Why Do You Need Your Own Adjuster If The Insurance Will Send An Adjuster?
After you contact the insurance company and alert them of your need to file a claim, they will likely dispatch an adjuster to inspect and verify the damages that occurred. Unfortunately, there are many individuals that will assume that the insurance adjuster will have their best interests in mind. However, it is important to realize that this insurance adjuster will work for the insurance company, and as a result, they will be looking to protect the insurance carrier. By retaining your own adjuster, you will be able to ensure that you are receiving second opinions from an experienced professional that is looking out for your rights during this process.
Will A Public Adjuster Fill The Role Of An Attorney?
There is a common assumption by some people that retaining a public adjuster will provide the same type of representation that an attorney would. However, this is simply not the case, as these two professionals will serve very different roles during this process, and an adjuster is barred from offering legal advice to individuals. It is more common for individuals to utilize services of both of these professionals, as the adjuster will be able to verify the damage that the attorney can pursue.
How Will You Pay Your Adjuster?
While the services of a public adjuster can be immensely valuable, there are individuals that will avoid hiring these professionals as they have concerns about the costs. However, these services can structure their billing in several ways, which will help you to locate a professional that can work with your budget. Hourly rates and flat-fee structures are a couple of popular options, but it is also possible to hire these services on a contingency basis. This means that the adjuster will not be paid until the insurance pays your claim, and they will receive a small percentage of the settlement.
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