What are the benefits of hiring a public adjuster? Should I hire a public insurance adjuster? These are common questions that homeowners must ask themselves when they suffer property loss or damage. Having your property damaged can be a traumatic and stressful experience. Unfortunately, depending on your insurance company to fairly settle your claim can be a very bad idea.
In the case of property insurance claims, the fact is that the insurance company adjuster works for one party and yet they are expected to represent two sides of a financial transaction. This is an obvious conflict of interest that does not favor the homeowner. The reality is that the the burden of proof is on the homeowner to prove that their damaged property is covered by their policy.
Here are the top 3 ways insurance companies take advantage of homeowners
1. Exploiting Terminology and Definitions
A public adjuster knows how to read and understand the language used in insurance policies. These policies are created by the insurance companies and typically written in a way that doesn’t make it clear to the homeowner when they are covered and when they are not. The insurance company uses this to their advantage, while the public adjuster uses it to get the homeowner their full settlement.
2. Underestimating the Full Cost
It is not unusual for an insurance company to offer to pay for repairs that are actually incomplete. For example, if a room needs to be repainted, they may factor that into their estimate, but they might leave out the cost of painting connecting rooms of the same color. Rightfully they should pay to paint the multiple rooms of the matching colors so you aren’t left with rooms of slightly mismatched colors.
3. Ignoring Hidden Damages
Another typical situation is that the insurance company’s adjuster will limit the estimate of repairs to those items that are visible, while ignoring the damage that is not readily visible. It is their obligation to pay to restore your property, but it is your responsibility to ask for what is rightfully yours.
Hire a Public Insurance Adjuster and Protect Yourself
Don’t let the big insurance companies take advantage of you! Don’t let them exploit the language of your policy. Don’t let them get away with a partial fix when you deserve better. Call a public adjuster to protect your interests. When you need a Public Adjuster in the Philadelphia region, make Accu-Claim Adjustment your first call!