Advantages of Hiring a Public Adjuster
When a property owner sustains damage to their home or business, the road to recovery is often long and complicated.
A public adjuster can manage the entire claims process for the property owner to help them expedite and maximize their recovery.
The public adjuster will help the property owner find contractors, experts, and other vendors needed to facilitate the adjustment of their claim.
This would include estimation of structural damage to property, but also inventory and pricing of lost contents. If the loss includes lost income or additional expenses, the public adjuster can help keep track of these losses to present them to the insurance carrier for consideration.
When a policyholder has a trusted advisor and property claims expert on their side, the stress level of the claims process is greatly diminished and policyholders generally receive greater claim outcomes.
How Does a New York Public Adjuster Get Paid?
Quite simply, a public adjuster gets paid when the policyholder gets paid. In most cases, the public adjuster will be paid directly by the insurance company. The amount paid to the public adjuster will vary, but in New York state it can be no higher than 12.5% of the total claim settlement.
When Should a Policyholder Hire A New York Public Adjuster?
As a policyholder, if you’ve sustained damage to your property and have questions, a Licensed Public Adjuster can be a tremendous asset. They can assist as you navigate the treacherous waters of the claims investigation process, as well as help avoid common pitfalls and missteps that can lead to denials or underpayment. It’s not always necessary to hire a public adjuster for every property insurance claim, as they generally handle those that are larger or more complex. However, smaller claims can sometimes have more extensive damage than what can be observed by the untrained eye. If you have questions about your property damage, you can get a free, no-obligation consultation with a Licensed Public Adjuster at Claimly Public Adjusters by calling 1-800-624-3840.