There are a number of advantages that come from using a public insurance adjuster for your homeowner’s or property insurance claim. Foremost is that a public insurance adjuster will get you more money from your insurer. In part, this is due to the estimate prepared by your public insurance adjuster and what it wilthat will take place between your public insurance adjuster and the insurer’s adjuster regarding the ultimate resolution of your claim.
An insurer is required to pay for whatever repairs are necessary to restore your property to its pre-loss condition. However, what repairs, and in particular the prices of those repairs, are necessary to restore your home to its pre-loss condition is often the issue causing the most disagreement between the insured homeowner and the insurer. This disagreement cannot even happen in the first place, however, if you simply accept at face value the estimate completed by the insurer’s adjuster. If you are not represented by a public adjuster, it is probable that you will simply agree with the estimate the insurer’s adjuster comes up with, no matter how wrong it may seem to you. However, if you are represented by a public adjuster and in particular by David Falks and PubAdjuster, you can be sure that David will prepare an incredibly detailed estimate regarding the actual damage suffered to your home as a result of the pipe leak, hurricane damage or any other type of loss that you suffered. And you can also be sure that this estimate and the subsequent negotiations it will require the insurer to engage in will result in increased compensation to you as the insured homeowner.
The Inspection and Estimate Process in Homeowner’s or Property Insurance Claims
Any time that an insured files a claim, the insurer is required under Florida law to perform an investigation of the claim, including an inspection of your home, in order to determine (1) whether you suffered a covered loss under the applicable insurance policy and (2) the value of the repairs that will be necessary to restore the insured’s property to its pre-loss condition. Pre-loss condition is a fancy way of saying the condition of your home prior to the hurricane, pipe leak, or whatever covered loss occurred to your home. The adjusters that insurers often assign to complete inspections, and then complete estimates that the insurer uses to come up with their valuation of a claim, are either paid by the inspection/estimate or else receive so many assignments from an insurer they often are running from one appointment to another without much time to conduct a careful inspection and prepare a detailed and thorough estimate. Given that the insurers’ adjusters depend on receiving repeat business from the insurance company, it should come as no surprise they often low-ball their estimates to keep the insurer happy.
In contrast to the insurer’s adjuster, your own public insurance adjuster will have the time necessary to complete a more thorough inspection and, if called for, multiple inspections to get to the bottom of what truly occurred to your home, what damages it suffered and what repairs will be necessary to return your home to its pre-loss condition. Further, your own public adjuster will be able to rely on experts like a general contractor or a plumber to come out and inspect the property. These experts will then gather the pertinent information they need before assisting the public adjuster in arriving at an appropriate valuation of the repairs that will be necessary to your home as well as the price of those repairs.
How the Estimate from Your Public Insurance Adjuster Helps Recover Maximum Compensation
Having an estimate of your own of both the actual repairs as well as the cost of those repairs necessary to restore your home to its pre-loss condition is vital to recovering full damages from your insurer for your claim. It puts the insurer in the position of having to defend its own estimate; first, if it does not include certain rooms or certain repairs that are included on your public adjuster’s estimate and second, if the pricing utilized by the insurer’s adjuster in his or her estimate does not reflect the reality of what it will actually cost you to have your property repaired.
Negotiations in the world of homeowner’s or property insurance claims often start off with both sides using the amount of their respective estimates as a starting point. The end point of negotiations is often somewhere in the middle between the two estimates. Since this is the case, having your own estimate that is much higher than the insurer’s estimate forces that midpoint to a much higher level than it would be if you did not have your own estimate in hand. In addition, having an experienced public adjuster representing you in negotiations with your insurer, someone who is well versed both in the tricks that insurers try to utilize in negotiations as well as someone who has negotiated hundreds of insurance claims, will all result in you receiving maximum compensation for your insurance claim.
Contact PubAdjuster if You Have Suffered a Loss in Boca Raton, Delray Beach or Anywhere in South Florida and Need Assistance Recovering Maximum Compensation from Your Insurer
At PubAdjuster, ensuring that our clients recover the maximum amount possible for their insurance claims is our goal and David prepares detailed estimates that the insurer is then forced to respond to and that form the starting point for any negotiations with the insurer. This results in more money in your pocket. If you have experienced hurricane damage, a burst pipe, water leak or any other type of loss in Boca Raton, Palm Beach County or anywhere else in South Florida, contact David Falks of PubAdjuster today at david@pubadjuster.com or (561) 212-0239.