Frequently Asked Questions about Public Adjusters and Insurance Appraisers
When should I contact Insurance Claims Adjusters?
We feel the best time to contact Insurance Claims Adjusters is immediately after. It is most beneficial for us to get involved at the beginning to set the tone for the adjusting process, protect the insured from an leading questions that may be asked and to speed the process up.
What does a Public Adjuster do?
Public Insurance Adjusters are licensed by the state insurance department to represent the Policyholder. We professionally detail appraise and document every part of the claim and submit it to the insurance company adjuster. We negotiate a settlement subject to your approval. We take over the entire burden of preparing and adjusting your claim.
How much does it cost?
The standard fee for public adjusting services is a small percentage of the amount recovered from the insurance company. State insurance departments license public adjusters and regulate fees. On very large claims, fees are negotiable. The cost for Appraisal is typically a time and expense but we have also seen it as a small percentage of the recovery.
Will we be informed and involved in the claim process?
Our Public Adjusters and Appraisers are always available to answer your questions. We will keep you updated on the claims process in its entirety.
Why choose Insurance Claims Adjusters?
We are some of the most reputable and experienced professionals in the insurance industry in State of Illinois. Major insurance companies respect the quality of our work thus giving us an advantage over many other public adjusters and appraisers. We are also very resourceful which gives you the ultimate advantage. Simply put, we will not accept a settlement that is not in your favor. Insurance Claims Adjusters public adjusters will fight as hard as possible so you get the best settlement.
How do Public Adjusters differ from Insurance Company Adjusters and Independent Adjusters?
Different types of adjusters include insurance company adjusters, independent adjusters, and public adjusters. Both the insurance company adjuster and independent adjuster work for the insurance company, while a public adjuster works only for the property owner – you!
A Public Adjuster works on the policyholder’s behalf to represent their best interests and get a fair settlement from the insurance company. The policyholder has the right to choose his own contractor and not be limited to the lowest bid.
The insurance companies retain adjusters who protect insurence company interests. They are well trained to adjust the claim by offering the policyholder a settlement based on the lowest bid submitted by contractors or their own evaluatio.
How do I decide if I need the professional help of a Public Insurance Adjuster or Insurance Appraiser?
Without obligation our Public Adjusters and Insurance Claim Appraisers will meet with you to discuss your claim. We will show you a sample of a completed claim similar to yours.
Is my claim big enough to need professional help?
We only get involved in claims where our services are needed, call us for a free claim evaluation. We do consider smaller claims from property managers, clients, client referrals, agents, brokers and attorneys.
Will my insurance policy be terminated if I hire a Public Adjuster or Insurance Appraiser?
No. The adjusting profession is mandated by the Legislature and regulated by the Department of Insurance. It would be a serious violation if any Insurance Company would discriminate against you in any way for exercising a right given to you by the State Legislature. Insurance appraisers are part of many insurance policies and are expected to be hired, as per your insurance policy
Will I have to pay for your services if you are unable to collect money for me?
We will collect a percentage off of your recovery settlement awarded by your insurance company. Therefore, in those instances if there is no recovery, there is no fee. We only collect a fee if we are able to get your insurance company to pay for your damages.
My claim was denied, am I entitled to a second opinion?
Yes! Many of our clients were told their claim was denied. We simply reopen the loss, negotiate with your insurance company, and insist they pay for viable damages.