When To Use A Public Adjuster For Flood Insurance Claims
by Abdul Aziz Mondal Legal 25 May 2023
Floods can inflict devastating damage to your property, leaving you to grapple with an overwhelming aftermath. Just one inch of floodwater can cause $25.000 worth of damages to your property.
As you navigate the intricate process of assessing damages and addressing various tasks, each step may seem more stressful than the last. When it’s finally time to file an insurance claim, you may find yourself exhausted and struggling to fight for what you’re legally entitled to.
Compounding the issue, insurance companies are notoriously difficult to deal with, so having a knowledgeable expert by your side, such as a public adjuster, is crucial.
Public adjusting involves licensed professionals who represent policyholders in negotiating insurance claims. Public adjusters manage the claim process, working diligently to ensure you receive a fair settlement from your insurance company.
The key difference between public adjusters and company adjusters is that while the latter works for the insurance provider, public adjusters work exclusively on your behalf, safeguarding your interests throughout the process. So, if you want to protect your property in case of a flood, make sure you contact a reputable public adjusting company that will help you manage the claims process and ensure you get the maximum from your property.
When Should You Hire A Public Adjuster For Flood Insurance Claims?
Consider hiring a public adjuster in the following circumstances:
- Severe Flooding. If you’re in an area prone to significant flood damage, such as coastal regions or river valleys, a public adjuster is beneficial to assess the loss accurately and navigate complex claim processes.
- High-Value Claims. Insurance companies may try to minimize the payout when your claim is substantial. Public adjusters can help you obtain a fair settlement and safeguard your interests.
- During Storm Seasons. During hurricane season or other times when natural calamities are rampant, securing a public adjuster early can help as insurance companies may be swamped with claims, causing delays and discrepancies.
- Limited Knowledge or Time. If you’re unfamiliar with the claims process or lack time to dedicate to it, a public adjuster can help alleviate the pressure by handling the entire procedure on your behalf.
Hiring a public adjuster offers numerous advantages, including their expertise in managing complex insurance claims to ensure maximum payouts, working to recover the fullest amount for your loss and avoiding low settlements, and reducing stress by handling and negotiating the claim on your behalf.
With the right public adjuster by your side, you will obtain compensation that accurately reflects your losses, allowing you to rebuild your home to its pre-damage condition. When choosing the right public adjuster, consider factors such as their license and certification, experience in managing flood insurance claims, references from previous clients or online reviews, and a transparent fee structure that aligns with your expectations.
When filing a claim for flood damage, it’s essential to keep several key factors in mind to ensure a smooth process and maximize reimbursement. First, compile everything that supports your loss, such as photos and videos of the affected areas, and create a detailed inventory of damaged items. This evidence will be invaluable when presenting your claim.
Then, carefully review your insurance policy to understand the coverage limits and deadlines for submitting claims. And ultimately, don’t forget to retain all receipts for immediate repairs and temporary lodging, as these expenses may be eligible for reimbursement.
In the United States, an overwhelming 90% of natural disasters are associated with flooding events, and they do not always occur in high-risk areas. The aftermath of a flood can be quite stressful for many homeowners. You must review all the complex insurance policies and fight for what you are legally entitled to.
If you want to make things easier for yourself, hiring a public adjuster for flood insurance claims is your best move. They work on behalf of policyholders, ensuring their interests are protected throughout the claims process.
Hiring a public adjuster proves especially advantageous in regions susceptible to intense flooding, for substantial claims, amid storm seasons, and when policyholders lack sufficient knowledge or time. In addition, public adjusters provide valuable expertise in handling intricate claims, ensuring equitable settlements, alleviating stress, and advocating for policyholders during negotiations.