A public adjuster is a professional who specializes in assessing and settling insurance claims on behalf of policyholders. Public adjusters are licensed by most states and they work independently from insurance companies.
Their job is to help individuals who have suffered losses from disasters, such as fires, floods, or hurricanes. When policyholders experience a loss, they can contact a Licenced public adjuster in chicago to help them navigate the claims process.
Image Source: Google
This includes evaluating the extent of the damage to the property, estimating the cost of repairs, and negotiating with the insurance company to get the best settlement for the policyholder.
Public adjusters help policyholders in a number of ways. First, they provide a thorough assessment of the damage to the property.
This is important for policyholders who may not be familiar with the types of damages covered by their policy. The public adjuster can then help the policyholder estimate the cost of repairs and negotiate with the insurance company for the best possible settlement.
Additionally, public adjusters are familiar with the nuances of the insurance industry and how insurance policies are interpreted. They can use this knowledge to help policyholders understand their coverage and ensure that their claims are fairly settled.
Public adjusters are not required to be employed by an insurance company. Instead, they work independently and charge fees for their services. The fees are usually paid out of the settlement amount from the insurance company.