Claims Aid Consultants Public Adjusters

Recognizing Low-Ball Insurance Claim Estimates

Estimate

I recently read an article that included a shocking admission from an independent adjuster who adjusts property damage claims for insurance companies after hurricanes and other catastrophic events.

The adjuster outlined what Public Adjusters have always been aware of, however most policyholders are unaware of the practices that are employed in order to satisfy the companies they work for and to cash in on the high volume of claims assigned to them.

Distorting the Claims Payment Process

To accomplish this, the adjuster’s use what they refer to as churn and burn – consisting of fast inspections and writing estimates as quickly as possible while keeping them below a certain threshold in order to obtain more assignments.

This often requires omitting certain coverages that the homeowner is entitled to keep the cost of repairs to a minimum and is a disaster for policyholders who end up with disputed and denied claims.

Some of the practices employed in this process include adjusting up to a dozen claims per day; writing estimates so they fall below deductible; repairing roofs when a replacement is justified, not replacing doors or windows as needed; painting water damaged ceilings instead of replacing them and keeping drywall replacement to a bare minimum.

If you ever filed a property damage claim with your insurance carrier, you may have had this type of experience.

Tell-tale signs include: the adjuster barely speaking with the insured; adjuster not entering the house to inspect for interior or contents damage; adjuster only at the property for 15-minutes; the insured receiving a minimal payment which often falls below the deductible.

A Disaster for Policyholders

The downside for such practices is significant as a very-high percentage of policyholders accept the first settlement offer. Others will consult with a Public Adjuster or Attorney to help them fight for a fair settlement.

Ironically, when the carriers lobby the Legislature to increase premiums to offset their lost profit’s they blame public adjusters and attorneys for excessive litigation and out of control settlement costs. The comparison looks bad if the regulators are not aware that the initial claims were manipulated and significantly underpaid.

If you filed a property insurance claim within the last three years and feel this may have happened to you, contact Claims Aid Consultants at 1-888-24GET PAID for a Free Claim Review.

Our Public Adjusters Got You Covered…

Woman Holding The Buckets Under The Water Leakage
If you have ever suffered a property loss due to a hurricane, fire or water damage and had to file a claim with your homeowners insurance company you already know how complicated it can be. And understanding the process can be even more frustrating. Your insurance company will assign or hire an adjuster to process your claim and their goal is to represent the interests of their employer (the insurance company) in order to limit their liability and damages paid out.
 
What your insurance company will never tell you is that you are entitled to have your own representation (a public adjuster) in the recovery of your loss.
 
Believe it or not, an insured will rarely recover a fair settlement handling a claim on their own. Claims Aid Consultants are Florida licensed and bonded Public Adjusters. We are trained and experienced professionals who help residential property owners like yourself after a loss. We are experts with the claims filing process including all conditions associated with the policy, and will guide you every step of the way through your recovery.
 
If you filed a claim and were not fairly compensated, or was paid under deductible (meaning your claim was covered but did not meet the threshold of your deductible so you received no funds) or if your claim was denied, please contact us for a free, no obligation evaluation. We are able to re-open your claim to seek a satisfactory resolution if the date of loss has been within the last 4 years.
 
We truly value our clients and the level of trust vested in us throughout the claims process. This is precisely what has contributed to our company’s success which has largely been built on referrals.
 
If you have any questions you can reach us at (954) 482-5246. We are available 7 days a week and 24/7 for emergency service.