Running a commercial business is already a full-time job. So what do you do when your property is damaged due to circumstances beyond your control? Your insurer will send their own claims adjuster to examine the extent of the damage. But because they work for the insurance company, their goal is to offer you the lowest settlement payout possible.
Consider hiring a public adjuster as an alternate pair of eyes on your claim. Because a public adjuster works for you, their goal is to improve your commercial claim and increase your payout. Learn about the ways in which a public insurance adjuster can help you through the claims process.
Examines Your Insurance Policy
Your business’s property insurance policy contains a great deal of fine print and insurance jargon that you may not fully understand. A public adjuster will understand every word of that policy and identify any gaps in coverage or other potential issues. They’ll also advocate for you to get the maximum payout you’re entitled to under that policy.
Acts As Your Advocate
As briefly mentioned before, your insurer’s claims adjuster works for the insurance company, and they will want you to accept a lowball settlement offer to save them money.
Meanwhile, because a commercial public insurance adjuster will be paid a percentage of your settlement for their services, they’ll act in your best interest throughout the claims process. Public adjusters do everything in their power to ensure that you receive a full and fair payout.
Saves You Valuable Time
Handling a complex commercial insurance claim is incredibly time-consuming. When you hire a public adjuster to handle that claim, you can focus on running your business and putting it back together after the disaster. Knowing that your public adjuster is handling the claim offers you valuable peace of mind.
Reacts Calmly to Insurance Company Tactics
If your insurance company’s adjuster is pressuring you to take a lowball settlement offer, they may try to confuse or frighten you into accepting it. They might close your claim unexpectedly or mail you a check for an offer you declined, but public adjusters refuse to be intimidated by these tactics. They’ve seen all these strategies before and will hold firm in negotiating a higher payout.
Negotiates a Fair Settlement
One main duty of public adjusters is to negotiate with your insurance company for an adequate settlement. They’ll arrive prepared with detailed notes about the extent of damage to your business and the costs required to repair it. Public adjusters don’t back down easily in the face of unfair offers and will pour their full efforts into negotiating on your behalf.
If you need to file a commercial claim for damage to your business’s property, improve your chances of a fair settlement by hiring a public insurance adjuster. You’ll save valuable time and effort while putting your claim into the hands of an experienced professional.