Difference Between The Public Insurance Adjuster & Independent Insurance Adjuster Chicago, IL

For Who Is Independent Insurance Adjuster Working?
An independent Insurance Adjuster works on behalf of the insurance company. Many insurance companies have in-house claims adjusters, but they sometimes hire independent adjusters to evaluate a claim. Independent insurance adjusters can work in multiple insurance companies, and sometimes it’s in their contract to try to minimize the amount of the loss. Most independent insurance adjusters are trained to help the insurance company save money. Independent adjusters estimate the client’s damages without charging them. However, they are paid by the insurance company to ensure that the claims are realistic.

When the claim is open, insurance adjusters may introduce themselves as independent adjusters, but the insurance company actually contracts them. In reality, insurance companies are in the business of making money, so they will do all measures to ensure that you receive only the minimum payout possible.

Public Insurance Adjuster Who Is He Working For?
On the other hand, a public insurance adjuster like CLAIM Insurance Adjusters in Chicago works for the policyholder and not the insurance company. Public adjusters are licensed by the state to work for you to ensure that you will receive the best possible settlement on your claim. Hiring a licensed claim adjuster will carefully examine your insurance policy and estimate your property damage scope. After a thorough examination, the insurance adjuster will do all the work like conducting an investigation with comprehensive appraisal damage, negotiate with your insurance company, and arrange the settlement that appropriately compensates your total loss to ensure that you will receive the maximum payout in the most stress-free way. Once you have a public adjuster with you, you don’t have to worry about making mistakes on a form. They are paid a fixed percentage on your claim, so they only get paid when you get paid.