A Fort Lauderdale insurance adjuster is an insurance claims adjuster (negotiator) who advocates for the policy holder in appraising and negotiating a claimant’s insurance claim. Aside from attorneys and the broker of record, insurance adjusters licensed by state departments of insurance are the only type of claims adjuster that can legally represent the rights of an insured during an insurance claim process. An insurance adjuster will be most beneficial when it is clear that the insurer will pay the claim and the only issue is the proper identification of the damage and valuation of the loss.
Primarily they appraise the damage, prepare an estimate and other claim documentation, read the policy of insurance to determine coverages, and negotiate with the insurance company’s adjuster.
Why Hire Fort Lauderdale Insurance Adjuster?
Public Insurance Adjusters Represent You
As a consumer we normally think that the companies we choose to do business with have our best interest at heart. Regardless of the millions and millions of dollars that insurance companies spend to get us to believe that we are in “Good Hands” or that they are “By Your Side” the reality is your homeowners’ insurance policy is a contract. Any time you believe you have a claim and you choose to collect you create an adversarial relationship. The contract requires you to know the terms, conditions, coverage, limitations and exclusions of the policy. You must make sure all conditions are met so you do not void your claim. Every word that you say or write has a legal meaning that most people do not understand. This along with many other pitfalls can cause a claim to be denied or settled at much less than what you may be entitled to based on your contract. The insurance company’s claims representatives and claims adjusters represent them not you. If you hire a competent Insurance Claims Companies firm you will be adequately represented to get the all that you are legally entitled to according to your contract called an insurance policy.
Fort Lauderdale Insurance Adjuster Prepare Damage Estimates
As the burden of proof to prove the loss exits and the actual cost of the loss is on the property owner, how does an individual analyze the full scope of the damage and prepare actual cash value and replacement cost damage estimates. This is beyond the knowledge and expertise of most home improvement contractors. If that is the case, how then can a lay person, a homeowner comply with this duty of the policyholder? They can’t. As the companies claim adjuster offers you a settlement, the scope of work and damage estimate is in the favor of the insurance claims companies, believe it or not.
Fort Lauderdale Insurance Adjuster Determine Coverage, Limitations and Exclusions
Before you know whether you have a claim or not you must know the terms and conditions of your homeowners’ policy. If your agent reviewed the policy to explain all that you are covered for you are a lucky person. Therefore an insured client does not know when to submit a claim because they do not know they are covered. On the flip side when you submit a claim that is not covered some insurers count that as a claim against the policyholder. Your Fort Lauderdale insurance adjuster will advise you when you are and are not covered and when to submit a claim.