A Public Adjuster Represents Your Best Interests With the Insurance Company

Natural disasters like storms, hurricanes, and fires can wreak havoc on homes and businesses. Wildfires, flooding, high winds, and even rain and hail can cause structural or cosmetic damage, or destroy a property entirely. While most people have homeowner's insurance, it can still be difficult to manage the claims process.

If you're not worried about flooding, you should be. According to the National Flood Insurance Program, flooding can happen anywhere. In the past five years, all 50 states have had to deal with a flood.

What's the role of a public adjuster I’m Jill Horner and this is Comcast Newsmakers with me this hour is Gene you know he is president at the American Association of public insurance adjusters. Thanks for being with us thank you Jill thank you for having it's the first of all let's define what you do as an organization, what a public adjuster actually does and the role that they serve for both homeowners and business owners.

When it comes to understanding insurance coverage there are numerous terms and language that most policyholders are unfamiliar with. These include Indemnity, Actual Cash Value (ACV), Replacement Cost Value (RCV) and Depreciation.

When your insurance company denies your basement flooding insurance claim, they always trying to find reasons to avoid compensating their clients. You may be tempted to give up, but just because the insurance company initially denied your claim does not necessarily mean that it will stay denied for good. The best thing to do is take a deep breath and move on to the next step.

Adjusters are professionals that work in the insurance field and help determine coverage areas and evaluate cases to arrive at a value of an insurance claim or the validity of the same. There are two types of adjusters, “Independent” or company adjusters and public adjusters. Although a public adjuster is a concept unknown to most people, a public insurance adjuster is vital to optimal utilization of an insurance policy in a claim settlement

If your home has suffered extensive water damage after a storm, flood or frozen pipe, you need to act fast, assess the damage, and get assistance from a reliable public insurance adjuster in order to obtain a fair amount of compensation to be used for repairs.

When your family or business encounters an unfortunate loss of any kind, it is important to avoid these mistakes to ensure a smooth and successful claim settlement.

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