Have you ever wondered what a public insurance adjuster does? After all, they always seem to show up whenever there is a disaster of some type. This is because it is their job to inspect property and determine just how much the insurance company should pay out. They are there to help the victim(s) get back on their feet as soon as possible so they can move forward with life.
But, how does a public insurance adjuster do this? Is it just a matter of making an educated guess? No, of course it isn’t! There is actually a process involved that any reputable adjuster will employ. Here are the elements of that process: investigate, evaluate and settle. However, a public insurance adjuster has much in common with these other professions – appraisers, examiners and investigators.
With these roles involved, an adjuster may also find themselves doing a variety of other jobs. For instance, they may need to determine if the loss claimed was actually covered by the policy, contact the claimant’s medical professionals or employers regarding any questionable claims, speak to legal representation, negotiate settlement and set up payments.
The job of being a public insurance adjuster is certainly not dull! In fact, it can even mean travelling to other parts of one’s state or to other states to assess damages. In addition, the adjuster must know about a variety of topics that may range from dealing with the aftermath of a disaster like area-wide flooding to understanding the fine details of a worker’s compensation claim. They will interview claimants and witnesses, take pictures and statements and talk to any experts (accountants, architects, construction workers, engineers, etc.) in that field, so that they can be sure to get their client the biggest settlement possible within the quickest amount of time.
Keep in mind a public insurance adjuster is there to help you. It is their job to see that all parties involved are in agreement regarding the incident and the report turned into an examiner clearly explains the situation. In the event that one of the parties is not in favor of the claim or settlement, the adjuster will work with the attorneys and expert witnesses to reach an agreement that pleases everyone.
Should you be in the need of one, it is important that whether you hire one from an insurance company or have someone who is self-employed, that you take the time to make sure that they are licensed and that there are no complaints filed against them. You should expect to pay them at least 10 percent of whatever the final settlement is, as well.
Simply put, the primary job of a Twin Cities public insurance adjuster is to help you, the client.
