Most of us have been through it before. You pay the insurance company month after month, while they do nothing but sit back and watch money siphon from your bank account to theirs. Then, when tragedy does strike, the insurance company does everything in its power to NOT provide you with the protection that you thought you would receive.
When your insurance company plays this game and does not pay you what it should, you need a public adjuster. If there has been a house fire that has damaged the structure of your home or a major storm that brought down trees and power lines on top of your vehicle, then hiring a public adjuster in Grand Junction can make the difference between an adequate and inadequate payout.
What is a Public Adjuster?
A public adjuster is an agent that is hired by the general public to handle insurance claims. Some work individually and some work as part of a public insurance adjustment firm, but all specialize in providing unbiased analysis regarding property damage, needs for repairs and replacement, and monetary compensation due to loss or damage.
When you hire a public adjuster in Grand Junction, your evaluation will be handled by a professional, working on your behalf, to make sure that you receive the most monetary benefit possible from your insurance company.
You should always hire a public adjuster when filing for any kind of property damage. Insurance companies are experts at finding loopholes in your policy to avoid paying you (in large part because … they WROTE the policy). This is why having a public adjuster – an insurance expert who works for you – can be a huge asset.
How Do I Know if I Need a Public Adjuster?
If you have recently filed any kind of property damage insurance claim in Grand Junction, Colorado, then the answer is most likely “as soon as possible.” Unless your amount claimed represents only a small value (like a few hundred dollars), then you need to hire an expert.
A public adjuster can be a valuable asset when filing a large insurance claim. The benefits of hiring this type of professional are that they will look over your claim and help ensure that missed damages are addressed.
Also, when you work with a public adjuster, they will take care of the entire claim process for you. So it is a good solution for people who do not have time or desire to deal with the stress of handling an insurance claim by themselves.
Some homeowners choose to hire a public claims adjuster simply because they have had poor claims experiences in the past. If you find yourself in this situation, then hiring a public adjuster can help to alleviate many of your concerns.
In the end, whether or not to hire a public claims adjuster is entirely up to you. For most people, it’s an excellent solution that allows you to sit back and relax while someone else works hard on your behalf.
How Do I Find a Good Public Adjuster in Grand Junction?
Public insurance adjusters are somewhat easy to find. Start by searching the National Association of Public Insurance Adjusters (NAPIA) website. The NAPIA Directory lists every public adjusting firm required to be licensed in their state of operation. Enter your city and state or ZIP code to see a list of adjusters in your area.
While all public adjusters are not created equal, there are ways to find the best person for your needs. Another method is to check with local Grand Junction businesses to see if they have any experience with public claims adjusters in the past. If you give them a call and ask about their experiences, then you can get a good idea of who will be a good fit for you.
Once you have a shortlist of public adjusters who you think you may want to work with, then you can call them directly. Ask questions about their services and how much experience they have working on your type of insurance claim. Also, ask how much they charge. When filing an average claim with a public adjuster in Grand Junction, Colorado, you could expect to pay as little as 5% or up to 20%.
Finally, before you hire a public adjuster in Grand Junction, Colorado, make sure that they are properly licensed. There is no set standard for licensure (states determine which requirements to place on their adjusters), but it should be within the public adjusting firm’s best interest to only hire those who have been properly trained and educated.
Once I Have Hired a Public Adjuster, What Should I Expect?
When you have hired a public adjuster in Grand Junction, Colorado, then your new representative will take over the claim from that point onward. First, your public insurance adjuster will check to make sure that all of the necessary documentation has been filled out properly and submitted to the insurance company.
Next, go through an estimate process with them where they visit your home or business and perform their independent damage estimate. If the figure that your adjuster comes out with is higher than what is being offered by your insurance company, then you will have to decide if the difference makes it worth entering into negotiations.
If you decide to negotiate, your public adjuster will negotiate on your behalf so that you never have to speak or negotiate with an insurance company representative.
Your public adjuster should help you with everything from documenting damages, submitting your insurance claim, and dealing with your claims adjuster. They will also take care of contacting subcontractors when necessary. They are a single point of contact for all aspects of your claim.
How Likely Am I to Get a Larger Settlement if I Hire a Public Insurance Adjuster?
While there is no guarantee, working with a public adjuster could likely result in a larger payout. A report from the Homeowners filing insurance claims that hired a public adjuster received more money from their insurers, according to the Florida Association of Public Insurance Adjusters (FAPIA). According to the study, homeowners with public adjusters averaged a settlement that was 22.3% higher than those without the professionals on their side.
However, there is no guarantee that you will get more money by hiring a public insurance adjuster. Your insurance company will consider the public adjuster’s findings, but they may not agree with their recommended payout.
If your insurance company and your public adjuster reach a stalemate, your adjuster may recommend that legal action be taken. While a public insurance adjuster cannot serve as a lawyer, he or she can tell you when legal help is necessary.
If you need help with an insurance claim, it is important to find the right public adjuster who can guide you through every step of your case. Working alongside a trained professional will ensure that all documentation and paperwork are filed correctly and on time. A qualified Grand Junction public adjuster should also be able to negotiate for more money from the insurer if necessary. If your insurer doesn’t agree with their recommended payout, then they may recommend legal action as well to get what’s owed.
A great place to start your search for a public adjuster is with Public Insurance Adjusters of Colorado. They are a public adjusting firm based out of Denver, Colorado and they have been in business since 1993. They can be reached at (720) 605-7181 or by emailing [email protected].
If you need help finding the right public adjuster for your Castle Rock claim, then don’t hesitate to contact them today!
450 Lincoln St suite 104, Denver, CO 80203