When you experience property damage or loss, dealing with insurance companies can be a stressful and confusing process. You may find yourself wondering who is really looking out for your best interests – the public adjuster or the insurance company adjuster?
A public adjuster is an independent professional hired by the policyholder to advocate on their behalf during the insurance claims process. They work exclusively for the policyholder and are not employed by any insurance company. Their primary goal is to ensure that you receive fair compensation for your losses.
On the other hand, an insurance company adjuster works for the insurance company and is responsible for assessing and evaluating your claim on their behalf. While they may seem helpful and friendly, it’s important to remember that their ultimate loyalty lies with the insurer, not you.
One of the key differences between a public adjuster and an insurance company adjuster is their level of expertise and experience. Public adjusters are licensed professionals who have extensive knowledge of insurance policies, coverage options, claim procedures, and negotiation tactics. They know how to navigate through complex claims processes and can help you maximize your claim settlement.
Insurance company adjusters, on the other hand, may not always have your best interests in mind. Their primary objective is to minimize payouts on claims in order to protect their employer’s bottom line. This means that they may try to undervalue your losses or deny legitimate claims altogether.
Another difference between public adjusters and insurance company adjusters is their approach to handling claims. Public adjusters work directly with policyholders throughout every step of the claims process – from documenting damages to negotiating settlements with insurers. They act as advocates for policyholders and fight for fair treatment under their policies.
Insurance company adjusters, on the other hand, often prioritize cost-cutting measures over providing quality service to policyholders. They may use tactics such as delaying claim processing, requesting unnecessary documentation, or offering lowball settlements in order to save money for their employers.
Ultimately, when it comes down to choosing between a public adjuster or an insurance company adjuster – it’s important to consider who will truly work in your best interests during this challenging time. A public adjuster can provide invaluable support throughout the claims process by advocating on your behalf and helping you secure a fair settlement from your insurer.
While working with an insurance company’s internal team might seem convenient at first glance – remember that they ultimately serve as representatives of their employer rather than looking out solely for your needs as a policyholder.
In conclusion – when it comes down choosing between hiring a public vs private Adjustor after experiencing property damage– always opt towards hiring someone who has no conflict of interest & will put YOUR needs first!
