Updated On: August 16, 2009
A Public Insurance Adjuster although not an attorney is very similar to a law firm in the way they approach the insurance companies. And like an attorney they do not want you speaking to the insurance company by yourself or answering questions posed by the insurance company. I know it sounds as though you may be trying to hide something by appearing as though you are being furtive; but this is most definitely not the case. If you inadvertently say something you shouldn’t have because you didn’t understand the term correctly or whatever the case may be, it could be extremely detrimental to your claim resulting in further financial lose for you. Let the Public Insurance Adjuster handle your situation and follow their advice although they cannot give you legal advice, and can only advise you as to your rights they are still more than competent to know the right avenues to pursue on your behalf.
n all fairness to the insurance companies because they have been the target of scams where insurance fraud has been an integral part of their industry for a long time, unfortunately the ordinary everyday consumer has had to bear the brunt of their loses, and not necessarily just on a financial level, they are always looking to make sure that the claim makes sense and that everything fits into place as it should. This is another reason why a Public Insurance Adjuster is a benefit to you, as I said earlier if you say something that is taken out of context or answer a question incorrectly because you didn’t understand the term you have just cost yourself another lose to add to the damage you have already incurred.
According to some insiders in the insurance business, insurance companies pay out approximately 25% to 40% on average of what they could actually pay out on a claim. So again this is another reason why a Public Insurance Adjuster is an asset to you. On a particular study done in Florida it was found that when a Public Insurance Adjuster was used that on average settlements increased to from 574% to 747%.
When you use a Public Insurance Adjuster they will guide through the process making sure policy conditions are met, and determining coverage and limitations, they will also prepare estimates making sure that quality and quantity are taking into consideration as well as any replacement cost that may be necessary. It stands to reason that the insurance companies are looking out for their best interests so you need someone to be looking out for yours.