Top 10 Commercial Property Loss Claims Miller Public Adjusters Manage

Commercial property loss claims are extremely complicated. If your business has suffered a catastrophic loss, your focus is typically on maintaining operations and making critical recovery decisions. It’s not the time to be learning the ins and outs of your insurance policy or the loss claims process.

When you submit a commercial insurance claim, taking charge from the start will help you secure your business's interests. Certified public adjusters will tell you how to take the lead in negotiations - and how to hold that lead until you have what you want.

Even the most conscientious business owners suffer losses and damages that, if not covered by commercial insurance policy, can spell disaster for their organization. That’s why the majority of business owners carry insurance – it gives them the financial protection and peace of mind they need for when the unexpected happens. One of the best ways to ensure your business is adequately insured is through a Business Owner’s Policy (BOP).

When you manage a commercial property loss for your business, things can get complicated very quickly. You must resolve issues related to building repairs, damaged personal property, and lost business income. You must establish a working relationship with repair contractors, service professionals, and property insurance claim adjusters. These efforts will take up a lot of your time and they will run simultaneously with your efforts to get your business back up and running again.

You invest your time, money, and resources to keep your business up and running. Despite your hard work and dedication, a single mishap or natural disaster could force you to close your doors forever. A comprehensive insurance program with property, liability and business interruption coverages is the best way to avoid post-disaster outcomes. You probably know the basics of property and liability insurance, but do you understand what’s really covered by your Business Interruption Coverage?

`When you must present a property damage claim to your insurance carrier, you begin the claim process with optimism. The adjuster meets you at the site, hands over a business card and offers consolation. The adjuster inspects your damage, gets your statement, and explains what is needed from you to handle your claim.

As a professional in the industry, Miller Public Adjusters has seen the impact of natural disasters to businesses and consumers alike. While it’s been quite some time since we’ve seen a catastrophic event in our area, we all need to be aware of the consequences damaging spring storms in our area can have. From Property Casualty 360: Nationwide commissioned Harris Poll to conduct their second annual survey in June 2015 among 500 U.S. small-business owners who have fewer than 300 employees and at least a moderate role in employee benefit selection.

When your home is seriously damaged, it's difficult to navigate the claim process alone. Insurance claims adjusters don't tell you everything you need to know. They push you to settle quickly. When they should be making certain you have the funds to properly restore your home, an insurance adjuster often focuses on keeping the claim payout low. These small complications can become big disputes. Hiring a public adjuster is a prudent way keep the claim disputes process flowing smoothly before it spins out of control.

As with most self-sufficient adults, you might not consider hiring a public adjuster to manage your property damage claim. You might not even know what a public adjuster does. But when you are trying to recover from a catastrophic loss, it’s a good time to find out. PAs handle complex claim and coverage details. They work hard to maximize your settlement. Most importantly, a PA works for you to make your life easier.