Public adjusters are licensed advocates who legally represent insurance policy holders and help them in appraising and negotiating property insurance claims. They belong to that class of insurance claims adjusters who are hired by the insured, unlike staff adjusters or independent adjusters who are employed by the insurance company.
Insurance claims adjusters hired by insurance companies often protect their interests and their shareholder profits, instead of lending a helping hand to the insured. Insurance claims adjusters gather and analyze information about various insurance claims and attempt to determine the legitimacy of a claim, deciding whether or not an incident should be covered under a specific insurance policy. It is the public adjuster who then negotiates compensation terms on behalf of the claimant.
Insurance is a complicated business. Often, a majority of the policy holders are unable to file their claim to the insurance companies without running the risk of getting no settlement at all. Insurance claimants who hire public adjusters run a better chance of obtaining compensation from insurance companies for damages incurred on their insured property.
Reputed public adjusters or public adjusting firms have the competence and expertise to effectively maximize claim recovery by negotiating a maximum settlement on behalf of the client. A public adjuster will be in a better position to work out claims and rectify claim discrepancies and secure settlements higher than what a typical policy holder would have been able to recover on his/her own.
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