Why Do You Need to Hire a Public Adjuster?

Damaged house roofNobody wants to be in the position where he or she needs to make an insurance claim, but unexpected circumstances happen now and then, like your house suffering damage from a natural disaster or your car figuring in an accident.

When making a claim, your insurance provider will send an adjuster to assess the damage to your property. This adjuster could either be an employee of your insurance provider or a third-party adjuster hired by the insurance company.

While you do not have a choice about the adjuster sent by the insurance company, you can always hire your own adjuster, whose sole function is to help the insured get every penny they deserve. 

When to hire a public adjuster

When filing an insurance claim, you have the option to hire a public insurance adjuster here in Florida. However, there are instances where hiring a public adjuster is the best option such as when the estimated loss or damage is more than $10,000.

Another reason policyholders hire public adjusters is they feel like the insurance company's adjuster is not communicating with them, or they do not agree with the company adjuster's decision. You may also hire a public adjuster if you do not have the time or the patience to handle the whole claims process yourself. 

Cost of hiring a public adjuster

Public adjusters typically charge a percentage of the total amount of the claimed insurance. The average rate charged by public adjusters is 10%. It could be lower or higher depending on who you hire, but the local state law usually places a cap on the maximum percentage they can charge.

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When hiring a public adjuster, you should carefully check their credentials. You can start by checking if they are part of the NAPIA. This organization thoroughly examines the qualifications of the adjusters before listing them on their website.