Let’s Talk Property Inspections

Property inspections play a key role in the claims process, providing valuable insights into the extent of damage incurred. At Premier Claims, we recognize the significance of thorough inspections when fighting for a fair and accurate claim settlement.

The Purpose of Property Inspections

Inspections serve as a critical juncture where both the policyholder and the insurance carrier assess the damage firsthand. These inspections are instrumental in determining the scope of repairs needed and estimating the cost of restoration. By conducting thorough inspections, policyholders can ensure that they properly document all damages, thereby reducing the likelihood of disputes during the claims process.

The Premier Claims Advantage

At Premier Claims, we take a proactive approach to inspections by sending our experienced inspectors alongside the insurance representative. This collaborative effort allows us to provide comprehensive assessments while advocating for the policyholder’s best interests. Our inspectors are trained to identify hidden damages and all relevant information to be accurately recorded. In turn, our inspections aim to increase the likelihood of a favorable claim outcome. 

Inspection Goal

Brent Roberts, Inspections Manager, and Licensed Public Adjuster, believes, “Our goal is to identify damage and have the Insurance Adjuster acknowledge the damage on site.” Collaborating with your insurance carrier’s representative for an inspection allows us to ensure they’re recognizing the damage we’re seeing. Our meticulous approach focuses on identifying any damage, linking it to the date of loss, and confirming its weather-related nature. This thorough process documents all relevant information, setting the foundation for a fair and expedited claims resolution. Learn more in our full YouTube video: Let’s Talk Property Inspections

The Inspection Process

During the inspection, our team meticulously examines the property, documenting all visible damages caused by the covered peril. We pay close attention to details, capturing photographic evidence and taking note of any structural issues or safety concerns. By conducting a thorough inspection, we equip policyholders with the information needed to pursue fair and adequate compensation for their losses. 

Policyholder Insight

Understanding the inspection process can empower policyholders to actively participate in their claims journey. By familiarizing themselves with common types of damages and inspection techniques, policyholders can effectively communicate their needs and concerns to the inspection team. Additionally, staying informed about their rights and entitlements allows policyholders to be well-equipped to navigate the claims process with confidence. 

Property inspections are a vital component of the claims process, providing an opportunity to assess damages and advocate for fair compensation. At Premier Claims, we prioritize transparency, professionalism, and advocacy in every inspection we conduct. For more information about property inspections and our claims management services, we invite you to connect with our team today to schedule an inspection of your property. 

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Understanding Different Types of Adjusters

In the aftermath of property damage, navigating the insurance claims process can be a daunting task. Throughout the property claims process, a policyholder may come into contact with three different types of adjusters. Understanding the different roles of independent, insurance, and public adjusters and how their functions can impact a claim is crucial when dealing with property damage and insurance claims.

Types of Adjusters & Their Role in a Claim

Independent Adjuster 

Independent adjusters are professionals hired on a case-by-case basis by insurance carriers to assess and manage claims. Their primary objective is to provide an unbiased evaluation of damages and determine what they consider to be a fair settlement. Notably, independent adjusters are not employees of the insurance carrier, aiming to maintain neutrality in their assessments through impartial inspections. Since independent adjusters are engaged by insurance carriers, there exists a potential for financial allegiance, as their compensation is directly linked to these carriers.

Insurance Adjuster

Insurance adjusters, also known as private adjusters, are employed directly by insurance carriers. Their responsibilities include investigating claims, evaluating damages, and negotiating settlements on behalf of the insurance carrier. Understanding their role is crucial for policyholders seeking transparency in the claims process. Insurance adjusters bring in-house expertise possessing in-depth knowledge of their company’s policies. 

Allegiance to Insurers: 

Policyholders should be aware that insurance adjusters represent the interests of the insurance carrier, emphasizing the importance of seeking outside advice when necessary. 

Public Adjuster

Public Adjusters, like those at Premier Claims, work exclusively for the policyholder. Their primary role is fighting for policyholders to receive a fair and just settlement from the insurance carrier. Public adjusters act as advocates, guiding policyholders through the complexities of the claims process. 

Working Together

In certain claim scenarios, the collaboration between an insurance adjuster and a public adjuster can prove instrumental in achieving the best outcome for the policyholder. The insurance adjuster, employed by the carrier, brings expertise in policy details and internal processes. While the public adjuster, who actively serves as your dedicated advocate, ensures they fully represent your interests. This cooperative approach aims to streamline the claims process, leveraging the strengths of both adjusters to navigate complexities and utilizing all the resources available to you. Hopefully, bringing you peace of mind during your claims journey. At Premier Claims, we aim to seamlessly orchestrate this collaboration to provide you with a well-rounded claims management experience.

 

Navigating the intricate landscape of different types of adjusters is a crucial aspect of the claims process. Whether it’s an independent adjuster providing unbiased assessments, an insurance adjuster representing the carrier’s interests, or a public adjuster advocating for the policyholder, understanding these roles is key to achieving a fair and satisfactory resolution.

At Premier Claims, our mission goes beyond claims management; it’s about empowering you with knowledge. For more insights and assistance tailored to your needs, connect with our team today.

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Debunking Public Adjuster Myths: Delaying a Claim

At Premier Claims, we believe in empowering policyholders with knowledge. One way to do this is by debunking the public adjuster myths that surround the insurance industry. One common misconception we encounter is the belief that public adjusters delay claims, leading people to believe that hiring a public adjuster will negatively impact their claim.

The Truth Behind the Myth

Insurance claims inherently involve a series of steps, documentation, assessments, and negotiations. The complexities of the claim itself and the policies and procedures of the insurance carrier primarily dictate the duration of this process however, our team of public adjusters at Premier Claims possess a deep understanding of these procedures. Their expertise streamlines the entire process, ensuring they effectively navigate each step, avoiding delays.

Understanding the Public Adjuster’s Role

A public adjuster’s fundamental responsibility is to advocate for you, the policyholder. Their expertise lies in comprehending the intricate language of insurance policies, assessing the damage thoroughly, and negotiating with the insurance carrier on your behalf. However, contrary to the myth, their involvement expedites the process by:

Accurate Assessment

Public adjusters meticulously evaluate the damage, aiming to account for all aspects of the claim. Their precise documentation prevents back-and-forth with the insurance company, saving time. Additionally, this detailed approach strengthens the foundation for a smooth negotiation process.

Negotiation Expertise

Public adjusters are skilled negotiators. They engage with the insurance carrier, presenting a well-documented claim and advocating for a fair settlement promptly. Furthermore, their experience often leads to swifter resolutions.

Policy Knowledge

Understanding the intricacies of insurance policies is crucial. Therefore, public adjusters actively interpret policy language, aiming to maximize every entitlement and coverage benefit, thus preventing unnecessary delays in processing or delaying a claim due to misunderstandings.

It’s important to debunk the misconception that public adjusters delay claims, ensuring accurate information prevails in the industry. Gain valuable insights from Dana Langfeldt, a seasoned Public Adjuster at Premier Claims, as she dives deeper into the crucial support public adjusters provide to policyholders. Understanding that the public adjuster doesn’t negatively impact the claims processing timeline is crucial. Instead, they actively expedite the process, fighting on your behalf, to try to secure a rightful settlement.

 

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What is a Public Adjuster?

When faced with significant damage to your property, navigating the complex terrain of insurance claims can be overwhelming. That’s where a public adjuster comes into play. What exactly is the role of a public adjuster, and how can they assist you during this stressful time?

Decoding a Public Adjuster’s Role in Your Claim

A public adjuster is an insurance expert you can hire to manage your claim for you. Unlike insurance company adjusters who represent the insurer’s interests, they work exclusively for you. Their primary goal is to ensure you receive every dollar you’re entitled to under your policy.

Role of a Public Adjuster

Damage Assessment

A public adjuster will inspect and assess the damage to your property. Furthermore, they will evaluate the scope of repairs and estimate the replacement value for those repairs.

Policy Understanding

They will help you understand your insurance policy, decipher the legal jargon, and ensure you are aware of what is covered.

Negotiation

Public adjusters communicate with your insurance carrier on your behalf, attempting to negotiate a settlement that accurately reflects the damage and coverage.

Documentation

They document everything you’ve lost and double-check the damage to your property, potentially leading to a larger insurance settlement.

When Should You Consider Hiring a Public Adjuster?

Large or Severe Claims

Public adjusters are particularly valuable for significant claims involving high-value or extensive damage to your property, such as after a fire or a natural disaster.

Claim Disputes

If you are dissatisfied with your insurance carrier’s settlement offer or feel that the claim settlement is too low, they can help dispute the settlement and advocate for a higher payout.

Complex Claims

When you face complex claims involving multiple policies or intricate questions about coverage, a public adjuster’s expertise can be invaluable.

Benefits

Fair Settlements

Public adjusters are skilled negotiators, fighting for your right to a fair and accurate settlement. This can be hard for a policyholder to obtain on their own.

Time Savings

They handle all the paperwork and communication with your insurance carrier, saving your significant time and stress.

Policy Understanding

Additionally, public adjusters help you comprehend your policy details and navigate the often confusing claims process, ensuring you make informed decisions throughout the entire journey.

Reliability

Get Referrals

Seek recommendations from friends, family, or online reviews to find reputable public adjusters in your area.

Check Licenses

Ensure the adjuster holds a license in your state. Most state insurance departments provide online license verification tools.

Research

Look for adjusters affiliated with professional associations like the National Association of Public Insurance Adjusters, ensuring adherence to industry standards and ethics.

Read Contracts Carefully

Understand the fees, services, and terms, outlined in the contract before hiring an adjuster.

Remember, hiring a public adjuster can level the playing field between you and your insurance carrier, ensuring you receive the compensation you deserve after a disaster. Furthermore, by entrusting the complexities of your insurance claim to a skilled professional, you can focus on rebuilding and regaining peace of mind while your public adjuster advocates for your rightful settlement.

 

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Premier Claims Secures $13.95M After Hurricane Ian

Bacon’s Furniture

Port Charlotte, Florida
Hurricane Ian
September 2022

Our team stepped in when the policyholder faced challenges securing a fair settlement, largely due to an insurance policy that fell short in covering the asset. Despite the policy’s limitations and the insurance carrier’s attempts to underpay significant parts of the claim, we remained undeterred- even when the carrier employed delay tactics by bringing in three new adjusters and two engineers to reassess the damage from Hurricane Ian. Our expertise and persistence led to a 520% increase in the settlement, totaling $13,955,000. Beyond that, we offered invaluable advice to the policyholder on securing a more robust insurance policy for future protection.

Insurance Carrier Offer: $2,251,000

Premier Claims Settlement: $13,955,000

 

 

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