If you are unfortunate enough to have suffered significant damage to your property, you will need to become familiar with the insurance claim filing process.
As a premium-paying policyholder, you must identify the people you should hire to help you with the whole arduous procedure.
Broadly defined, two types of insurance adjusters assess a claim and give their expert opinion accordingly. Let’s take a quick look at both so you will be able to make an informed decision.
Independent Adjusters
The term ‘independent adjuster’ is a bit of a misnomer since they serve as representatives of the insurance companies and look after their interests. While they are not actual employees of insurance service providers per se, they nonetheless serve their corporate interests.
They are hired and paid by ‘Independent Adjusting Firms.’ These firms have plenty of adjustors on their roster. They work the claims that the insurance company’s employees can’t handle due to excessive volume or any other reason.
Initially, these adjusters used to work on large-scale events such as tornadoes, earthquakes, and hurricanes. However, now insurance companies find it more cost-productive to hire independent adjusters for even localized issues and small claims.
Public Adjusters
On the other hand, public adjusters represent the interests of the insurance policyholders. Unlike independent adjusters, they work on behalf of the claimant. If you have suffered a loss and are not sure about the claims process or don’t trust your insurance company to fully reimburse you, you should hire a public adjuster.
These people are experts at maximizing your claim and ensuring you get your just dues. They will investigate your losses and potentially add various items you might have missed. They will also help you to both fill and file claims forms. Finally, they will negotiate with the insurance company on your behalf.
Ultimately, they will help ensure you get a fair settlement and are not forced to settle for anything less than you deserve. They are experts at reading the ‘fine print’ to extract maximum mileage from your insurance contract.
If you are looking for public adjusters Lorain, OH, you should definitely get in touch with IRPA’s dedicated insurance specialists. Our highly trained and experienced public adjusters will always be in your corner in all your dealings with your insurance company. Rest assured, you can count on us to stay the course!
