What Home Insurance Adjusters Won’t Tell You

Property Insurance adjusters are professionals. They know what they’re doing. But there’s some information they may not want to tell you.

In this post, we’ll show you what home insurance adjusters won’t tell you.

It’s easy to get caught up in the chaos of property insurance. It can be hard to know which questions to ask to get the most information.

What Home Insurance Adjusters Won’t Tell You

So, what are the key pieces of property insurance information that property insurance adjusters aren’t telling you?

Here’s the answer:

It’s our responsibility as public adjusters to provide you with the information you deserve and that you deserve when you work with us.

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Property insurance adjusters – what they do

Property insurance adjusters are responsible for determining the “fair” amount of compensation for a settlement. To do this, an adjuster must first verify the insurance claim submitted to them.

In addition to verifying the insurance claim, an adjuster also must investigate the property damage. This investigation includes going through police reports and interviewing people who may have witnessed the damage.

Insurance property adjusters don’t work for you

Property insurance adjusters aren’t representing you. They’re acting on behalf of your insurance company.

They’re not looking out for your best interests.

Instead, they’re looking out for their employers.

That’s why they’re there to save your employer money while assessing your claim fairly and calculating an amount of compensation that’s fair to your employer and maybe even you.

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Property insurance adjusters get paid by the provider for their services.

Insurance property adjusters don’t want a lawsuit

While the goal of the property insurance adjuster is to get you as much compensation as possible, that doesn’t mean you’re at the mercy of the insurance company.

Insurance companies don’t want to have to deal with a lawsuit, which could turn a claim into a much more expensive lawsuit.

If a lawsuit is brought between you and the insurer, and the jury has sympathy for your side, the insurance company could end up paying you a lot more than the minimum they want.

All insurance adjusters (including property adjusters) want to avoid this.

You can negotiate the settlement offer

It is important to understand that insurance adjusters do not want you to think that you have the “power to negotiate” when they offer you a claim settlement.

Insurance adjusters want to avoid a lawsuit, so they want you to have some breathing room. You do not have to accept their first offer. It is likely their “minimum offer” and can go higher.

You have a right to negotiate to a more appropriate amount. The first thing you need to understand is the maximum amount that an insurer will offer for your policy.

It is also very important that you have a good case. Documenting the damage to your property and giving an honest description of your losses and good photographic evidence is essential. Keeping a list of your losses is also important to strengthen your case.

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If your case is strong, your insurer will give you more compensation. If your case is weak, your insurer will not give you the best possible compensation.

It’s normal to need help from a professional

Filing a claim is a complicated process, and the property insurance adjuster may try to convince you otherwise. However, it is important to file a claim, and an honest mistake could be used against you.

A public adjuster or a lawyer can be a great asset to your claim. Not only can they help you complete your claim, but they can also assist you in finding the best settlement for your claim.

Having a public adjuster/lawyer on your side is a great way to protect your rights. It also sends a strong signal to the insurance adjuster that your rights will be protected.

Know your policy

Every insurance policy has some gaps or exclusions that can stop you from getting the settlement offer you deserve. Insurance companies set these loopholes up to protect themselves, but when you understand the ins and outs of your policy, you can use them to your benefit. Working with an experienced public adjuster will help you understand these gaps.

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Most insurance companies keep these gaps to themselves because they want to have control over the people they insure. They also know that the more you know, the harder it will be for them to pay you the lowest settlement offer possible. If you don’t have an experienced adjuster on your side, you could fall prey to these loopholes.

Be Careful When You Give Your Report

If you want your property insurance claim to be successful, it’s important to tell your adjuster the truth. When you’re honest, they’ll be more likely to back up your claim.

If there’s any discrepancy between what they say and what the adjuster finds, they’ll look into it. If they think you’ve been lying, it could cost you your claim.

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Anything you say that shows you were careless could mean you won’t be covered. To make sure your claim is covered, be as specific as you can, or let your adjuster help you come up with a statement.

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