Professional Insurance Evaluations
Insurance Claim Adjuster
Professional Insurance Evaluations represents those with insurance policies as a public adjuster in the investigation and valuation of your damages helping to maximize your property insurance claim recovery.
A public adjuster is an insurance claims adjuster who is an advocate for and paid by the policyholder in appraising and negotiating an insurance claim. Public Adjusters are the only type of claims adjuster that can legally represent the rights of an insured during an insurance claim process.
In the United States, a Public Adjuster can only work with insurance claims related to personal or business property damage. Car accidents, life insurance and other types of insurances claims cannot be handled by a Public Adjuster. Also, most states require every Public Adjuster to be licensed and bonded in order to represent any policyholder in the respective State. Public Adjusters are required to have taken classes and be tested on the many aspects of handling claims, insurance companies and policyholders.
There are three classes of insurance adjusters: staff adjusters (employed by an insurance company or self-insured entity), independent adjusters (independent contractors hired by the insurance company) and Public adjusters (employed by the policyholder). "Company" or "Independent" adjusters can only legally represent the rights of an insurance company.
Among other things, it is the Public Adjuster's responsibility to:
1. Evaluates your existing policy to determine what coverage that may be applicable to an insurance claim;
2. Makes recommendations to improve on your existing policy to insure you have the best coverage for your situation. Any changes to the policy are made by the policyholder's insurance agent.
3. Determines the appropriate values for settling all covered damages.
4. Negotiates the best possible settlement with the insurance company on behalf of an insured.
5. Conducts a policy consultation and inspection of the policyholder’s property to identify and damage the policyholder may not be aware of at the time.
Typically, most Public Adjusters are paid based on a percentage of the total settlement they negotiate. The Public Adjuster's fee may be justified by success in these negotiations. It is not uncommon to see a significant increase in the settlement amount once a Public Adjuster is hired by the policyholder.
Professional Insurance Evaluations has the knowledge and skills to work with the insurance companies to ensure the policyholder gets the maximum amount of reimbursement for not only the easy-to-see damage but the hidden damages.